IPO profile
M. K. Sons Fine Jewels Limited
MKSONS · BSE
- Price band
- ₹153 - ₹162
- Subscription
- Not available
Application & Issue Details
- Minimum Quantity
- 91 shares
- Minimum Application
- ₹14,742
- Issue Size
- Rs. 330 Cr
- Face Value
- Not available
Company Overview
M.K. Sons Fine Jewels operates in the gems and jewellery sector, retailing a diverse portfolio of over 19,442 stock-keeping units that includes gold, diamond-studded, coloured stone, platinum, and silver jewellery. The company generates all revenue through direct sales from a retail network of five physical showrooms across Gujarat and Maharashtra. While it does not manufacture products internally, the business relies on an in-house design team to conceptualize new collections, alongside procuring finished articles from external suppliers. Third-party manufacturers and skilled karigars execute production and customization under job-work arrangements. Formed after acquiring the proprietary business of M. K. Sons Jewellers in 2025, the company caters directly to retail customers. To enhance the buying experience, it maintains an exclusive experience lounge tailored for showcasing premium, high-end jewellery to discerning clients.
Important Dates
- Open Date
- 28 Oct 2026
- Close Date
- 30 Oct 2026
- Allotment Date
- Not available
- Listing Date
- 4 Nov 2026
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Grey Market Premium (GMP)
No GMP has been reported for this IPO. Estimates are not shown rather than assuming a GMP of zero.
Grey Market Premium (GMP) is unofficial and indicative. Actual listing price may differ.
Indicative Listing Estimate
Estimated listing figures need a GMP value, which is currently unavailable.
Subscription
Subscription data not available yet.
Company Strengths & Risks
Reported strengths
- Established physical retail footprint with an exclusive experience lounge.
- Diverse portfolio of over 19,442 gold, diamond, and platinum SKUs.
- Strategic operational focus on high-demand western Indian markets.
- Dedicated in-house design team for trend-focused, customizable collections.
- Expanding store network driven by strategic inventory deployment.
Key risks
- Revenue generation is heavily concentrated in Gujarat showrooms.
- Entirely reliant on third-party manufacturers without long-term contracts.
- Profitability is vulnerable to gold and diamond price volatility.
- Historical track record of negative operating net cash flows.
- High working capital requirements to maintain optimal showroom inventory.
Company strengths and risks are informational summaries. Review the offer document for complete disclosures.
Documents & Coverage
IPO data last updated 25 Oct 2026, 8:02 pm IST
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.