M.K. Sons Fine Jewels will open its ₹330.48 crore initial public offering (IPO) for subscription on October 28, 2026. The issue will remain open until October 30 and includes a fresh issue of 1.70 crore equity shares to raise ₹275.40 crore, alongside an offer for sale (OFS) of 34 lakh shares worth ₹55.08 crore.

The IPO allotment is likely to be completed on November 2, 2026. The company is expected to make its stock market debut on the BSE and NSE on November 4, 2026.

M.K.Sons Fine Jewels IPO - Issue Details

Issue Type: Book Built Issue (Fresh Issue + OFS)
Total Issue Size: Up to ₹330.48 crore
Fresh Issue: Up to ₹275.40 crore
Offer for Sale (OFS): Up to ₹55.08 crore
Face Value: ₹10 per equity share
Price Band: ₹153 to ₹162 per share
Lot Size: 91 shares
Minimum Investment Amount (Retail Investor): ₹14,742 (91 shares at the upper price)
Listing: BSE, NSE
Book Running Lead Managers: Aryaman Financial Services Limited
Registrar: Bigshare Services Private Limited

M.K.Sons Fine Jewels IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Event	Date
Subscription Opening Date	28 October 2026
Subscription Closing Date	30 October 2026
Basis of Allotment Date	30 October 2026
Refund Initiation Date	2 November 2026
Credit of Shares	2 November 2026
Listing on BSE and NSE	3 November 2026

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

M.K.Sons Fine Jewels IPO Category-wise Investment Limits

The application size for each category is as follows -

Category	Investment Range
Qualified Institutional Buyers (QIBs)	Not more than 50% of the Net Issue
Non-Institutional Investors (NIIs)	Not less than 15% of the Net Issue
Retail Individual Investors (RII)	Not less than 35% of the Net Issue

The minimum investment amount for each category, based on the upper price band of ₹162 per share, is as follows -

Investor Category	Lots	Shares	Investment Amount (Approx.)
Retail (Minimum)	1	91	₹14,742
Retail (Maximum)	13	1183	₹1,91,646
sNII (Minimum)	14	1274	₹2,06,388
bNII (Minimum)	68	6188	₹10,02,456

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Funding of inventory costs 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.

About M.K.Sons Fine Jewels Limited

M.K.Sons Fine Jewels is engaged in the retail sale of gold, diamond and has been retailing cubic zirconia (CZ) jewellery through its own showrooms since 2012.

The company offers a range of contemporary and bridal jewellery, focusing on design, craftsmanship and customer preferences. It operates five BIS-hallmarked showrooms across Mumbai and Ahmedabad, with a combined area of 6,513 square feet as of June 30, 2026.

Key Financial Highlights

Particulars	For the three month period ended June 30, 2026 (in ₹ crore)	FY26 (in ₹ crore)	FY25 (in ₹ crore)
Revenue from operations	101.44	538.74	351.28
EBITDA	23.42	82.94	38.57
Profit After Tax (PAT)	15.02	51.80	23.26