M.K. Sons Fine Jewels Files DRHP With SEBI

M.K. Sons Fine Jewels has submitted the Draft Red Herring Prospectus (DRHP) for its book-building IPO with the Securities and Exchange Board of India (SEBI) on May 11, 2026. 

As per the DRHP, M.K. Sons Fine Jewels IPO will be a 100% book-built issue of up to 1.7 crore equity shares, comprising both a fresh issue of 1.36 crore equity shares and an offer for sale (OFS) of 0.34 crore equity shares with a face value of ₹10 each. The shares are proposed to be listed on the NSE and BSE.

Details of the price band, lot size, Anchor Investor bidding date, and public subscription opening and closing dates are yet to be announced.

M.K. Sons Fine Jewels Limited IPO - Issue Details

• Issue Type: Book Building IPO
• Total Issue size: Up to 1.7 crore equity shares 
• Fresh Issue: Up to 1.36 crore equity shares
• Offer for sale (OFS): Up to 0.34 crore equity shares
• Face Value: ₹ 10 per equity share
• Price Band: To be announced
• Lot Size: To be announced
• Listing: NSE, BSE
• Book Building Lead Managers:  Aryaman Financial Services Limited 
• Registrar: Bigshare Services Private Limited 

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Utilisation of Proceeds

The Company will utilise the Net Proceeds from the Fresh Issue towards the following purposes:

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

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About M.K. Sons Fine Jewels Limited

Incorporated in 2012, M.K. Sons Fine Jewels Limited is a retail-focused jewellery company engaged in the marketing and sale of a wide range of gold, diamond and Cubic Zirconia (CZ) jewellery through its dedicated retail showroom network. 

The company has established its presence in the retail jewellery markets of Maharashtra and Gujarat, operating three showrooms in Mumbai and two showrooms in Ahmedabad.

M.K. Sons Fine Jewels offers a diversified jewellery portfolio comprising more than 17,452 Stock Keeping Units (SKUs), enabling them to cater to a wide range of customer preferences across multiple price points. 

As of December 31, 2025, the company’s product portfolio across its retail showrooms included more than 13,322 gold jewellery designs and over 4,130 designs featuring diamonds and other precious stones. Its jewellery collection spans various product categories, including rings, earrings, necklaces, solitaires, bangles, bracelets and Mangalsutras, enabling it to cater to diverse cultural occasions, gifting requirements and everyday wear.

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