M. K. Sons Fine Jewels Limited

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.

Our Company offers a diverse portfolio of contemporary and bridal designs with a focus on craftsmanship, design quality and customer-centric jewellery collections. We have established our presence in the retail jewellery markets of Maharashtra and Gujarat by expanding our retail footprint across Mumbai and Ahmedabad, two key commercial centres in Western India. Our Company currently operates three showrooms in Mumbai and two showrooms in Ahmedabad and has developed recognition as a regional jewellery brand in these markets. We are committed to serving the Western India market with jewellery certified by the Bureau of Indian Standards (BIS) Hallmark through our five showrooms located across Mumbai and Ahmedabad, with a total operational area of 6,513 square feet as on June 30, 2026.

Over the years, our Company has built a strong reputation and fostered customer trust in the region by offering high-quality, culturally resonant jewellery while adhering to ethical business practices. We cater to a broad and diverse customer base that places significant importance on quality, authenticity and craftsmanship. Our inventory sourcing is guided by a data-driven approach, enabling us to effectively respond to evolving customer preferences and changing market trends.

IPO Date

28 Oct 2026 – 30 Oct 2026

Face Value

₹10

Price Band

₹153–₹162

Lot Size

91 shares

Total Issue Size

₹275.4 Cr (1,70,00,000 equity shares)

Fresh Issue Size

₹220.32 Cr (1,36,00,000 equity shares)

Offer for Sale Size

₹55.08 Cr (34,00,000 equity shares)

Retail Portion

59,50,000 sharesShares offered, as recorded by the exchange

Issue Type

—Not observed

Listing At

BSE, NSE

Amounts in Cr are calculated at the upper price band. Equity-share counts are shown in parentheses. Missing values remain unreported.

Calculated at the upper price band. Retail bids are up to ₹2 lakh, small non-institutional bids above that up to ₹10 lakh, and big non-institutional bids above ₹10 lakh.

Shares

91

Application amount

₹14,742

1 lots × 91 shares × the top of ₹153–₹162. This calculates application size; it does not recommend applying.

The last reading in each 15-minute interval, including each day's final reading. Exchanges and categories stay separate. Lines stop across days, source changes and gaps over 20 minutes.

Last accepted reading for each IST day and category. Readings are not labelled final unless confirmed by the source.

Objects of the IPO

1. Funding of inventory costs towards setting up of 1 new showroom in Maharashtra (“New Showroom”) and expansion of existing showroom in Gujarat (“Expansion”)
2. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company
3. General Corporate Purposes

As the prospectus lists them, in its words; this is not an independent assessment. Amounts and timing are in the prospectus.

Read the objects in the original prospectus