M. K. Sons Fine Jewels Ltd IPO

M. K. Sons Fine Jewels Ltd IPO

We are a retail-focused jewellery company engaged in the marketing and sale of a wide range of gold, diamond and Cubic Zirconia (CZ) jewellery through our own chain of retail showrooms since 2012. One of our Promoters, namely Ramchand Murlidhar Raimalani has been in the business of jewellery since 1999 vide proprietorship firm namely, M. K. Sons Jewellers. Subsequently, on March 29, 2025, our Company acquired the proprietorship business of one of our Promoters, Ramchand Murlidhar Raimalani, to consolidate operations under a single corporate entity through a Business Succession Agreement and to eliminate potential related party or partiality concerns, and align the business structure with the interests of a broader set of stakeholders.

M. K. Sons Fine Jewels Ltd IPO Details

Total Shares Offered

₹ 1,70,00,000

Offer to Public

34,00,000

Retail Max (Shares)

₹ 59,50,000

Pre Issue Promoters Holding

₹ 4,26,90,660

Exchange

BSE

Issue size

₹ 275.4 Cr

IPO Open Date

Oct 28, 2026

Close Date

Oct 30, 2026

Lot Size

91

Min Investment

₹ 13,923

Issue Type

Book Building

Listing Date

Nov 4, 2026

M. K. Sons Fine Jewels Ltd IPO Dates

check-icon
Oct 28, 2026
Opening date
check-icon
Oct 30, 2026
Closing date
check-icon
Nov 2, 2026
Basis of Allotment
check-icon
Nov 2, 2026
Initiation of Refunds
check-icon
Nov 2, 2026
Credit of Shares
check-icon
Nov 4, 2026
Listing date

Details

SectorType
SectorDiamond Cutting
Sub SectorJewellery
Issue TypeBook Building

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

M. K. Sons Fine Jewels Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations33.2011.542.06
EBITDA34.3812.252.39
PAT23.268.171.34
Total Assets214.3592.7248.41
Share Capital8.544.504.50
Total Borrowings37.0316.336.97
Operating Activities (Net Cash)24.448.881.67
Investing Activities (Net Cash)0.000.000.00
Financing Activities (Net Cash)37.0316.336.97
Net Cashflow2.790.670.28

About M. K. Sons Fine Jewels Ltd

Our Company was incorporated as `M. K. Sons Fine Jewels Private Limited', a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated January 12, 2012 issued by the Registrar of Companies, Mumbai. Subsequently, our Company has acquired the entire running business with the assets and liabilities of M. K. Sons Jewellers, sole proprietorship concern of one of our Promoter, Ramchand Murlidhar Raimalani vide Business Succession Agreement dated March 29, 2025. Consequently, business of this proprietorship firm was merged into M. K. Sons Fine Jewels Private Limited. Our Company was converted to a public limited company pursuant to a special resolution passed by Shareholders of our Company at the Extra-ordinary General Meeting held on January 19, 2026 under the name and style of `M. K. Sons Fine Jewels Limited', and a fresh certificate of incorporation dated January 30, 2026 was issued by the RoC.

We are a retail-focused jewellery company engaged in the marketing and sale of a wide range of gold, diamond and Cubic Zirconia (CZ) jewellery through our own chain of retail showrooms since 2012. One of our Promoters, namely Ramchand Murlidhar Raimalani has been in the business of jewellery since 1999 vide proprietorship firm namely, M. K. Sons Jewellers. Subsequently, on March 29, 2025, our Company acquired the proprietorship business of one of our Promoters, Ramchand Murlidhar Raimalani, to consolidate operations under a single corporate entity through a Business Succession Agreement and to eliminate potential related party or partiality concerns, and align the business structure with the interests of a broader set of stakeholders.

Peer Comparison:

  • Motisons Jewellers Limited
  • Tribhovandas Bhimji Zaveri Limited
  • Senco Gold Limited
  • PNGS Reva Diamond Jewellery Limited

M. K. Sons Fine Jewels Ltd Key Points

Strengths

Our multi-collection jewellery portfolio enables us to address varied consumer segments.

Targeted marketing and promotion activities enabling increasing brand recall.

Founder led company supported by professional management and leadership team.

Commitment to quality and customer satisfaction.

Strong Financial Results.

Risk

A significant portion of our revenue comes from our showrooms in Gujarat, where our operations are heavily focused. In three-month period ended June 30, 2026 and Fiscal 2026, 2025 and 2024, our revenue from our Ahmedabad showrooms stood at Rs. 694.79 million, Rs. 3,661.58 million, Rs. 2,710.97 million and Rs. 1,625.36 million contributing to 68.49%, 67.97%, 77.17% and 74.79% of our total revenue from operations of the Company. If this region or the showrooms in Gujarat face any negative developments, it could harm our business performance, growth potential, financial health, and overall profitability.

The Objects of the Offer for which the funds are being raised have not been appraised by any bank or financial institutions. Any variation in the utilization of the Net Proceeds would be subject to certain compliance requirements, including prior shareholders' approval.

All of our revenue is derived from direct sales through our physical showrooms, and any adverse developments impacting these operations could negatively affect our revenue and results of operations.

Strategy

Strengthen our capital structure and support inventory-led expansion for new showrooms.

Capturing market opportunities in the growing jewellery industry.

Further strengthen our market position by expanding our store network in existing clusters.

How To Apply for M. K. Sons Fine Jewels Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the M. K. Sons Fine Jewels Ltd IPO?

close
M. K. Sons Fine Jewels Ltd's IPO offers shares for up to 220.32 It begins on Oct 28, 2026 and ends on Oct 30, 2026.

What is the price of the M. K. Sons Fine Jewels Ltd IPO?

close
The price of M. K. Sons Fine Jewels Ltd IPO ranges between ₹153 to ₹162 per share.

What are the open and close dates for the M. K. Sons Fine Jewels Ltd IPO?

close
The M. K. Sons Fine Jewels Ltd IPO opens on Oct 28, 2026 and closes on Oct 30, 2026.

When will the M. K. Sons Fine Jewels Ltd IPO be allotted?

close
The allotment for the M. K. Sons Fine Jewels Ltd IPO will be finalised on Nov 2, 2026. The shares will be listed on BSE and NSE on Nov 4, 2026.

What is the minimum lot size required for M. K. Sons Fine Jewels Ltd IPO?

close
The minimum lot size for M. K. Sons Fine Jewels Ltd IPO is 91 shares, priced between ₹153 to ₹162 per share.

What is the GMP of M. K. Sons Fine Jewels Ltd IPO?

close
The GMP (Grey Market Premium) of M. K. Sons Fine Jewels Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of M. K. Sons Fine Jewels Ltd IPO?

close
To check the allotment status of M. K. Sons Fine Jewels Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the M. K. Sons Fine Jewels Ltd IPO getting listed?

close
The M. K. Sons Fine Jewels Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Oct 28, 2026, and closes on Oct 30, 2026. The allotment is finalised on Nov 2, 2026.

How do you apply for the M. K. Sons Fine Jewels Ltd IPO?

close
To apply for the M. K. Sons Fine Jewels Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

Join the Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions