GMP IPO Watch
M.K.Sons Fine Jewels IPO
M.K.Sons Fine Jewels IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
M.K.Sons Fine Jewels IPO Details
Key facts at a glance| IPO Open Date | 27 October 2026 | IPO Close Date | 29 October 2026 |
|---|---|---|---|
| Basis of Allotment | 1 November 2026 | Listing Date | 3 November 2026 |
| Price Band | ₹153 - ₹162 per share | Face Value | ₹10 per share |
| Market Lot Size | 91 Shares | Min Investment (Retail) | ₹14,742 |
| Total Issue Size | ₹275.4 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹220.32 Cr | Offer for Sale (OFS) | ₹55.08 Cr |
| Listing At | NSE, BSE | Issue Category | Mainboard Issue |
| Registrar | Bigshare Services Pvt. Ltd. | ||
M.K.Sons Fine Jewels IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 27 October 2026 | Confirmed |
| IPO Close Date | 29 October 2026 | Confirmed |
| Basis of Allotment | 1 November 2026 | Tentative |
| Initiation of Refunds | 3 November 2026 | Tentative |
| Credit of Shares to Demat | 3 November 2026 | Tentative |
| IPO Listing Date | 3 November 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 30 October 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
M.K.Sons Fine Jewels IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 91 Shares | ₹14,742 |
| Retail (Max) | 13 Lots | 1,183 Shares | ₹1,91,646 |
| S-HNI (Min) | 14 Lots | 1,274 Shares | ₹2,06,388 |
| S-HNI (Max) | 67 Lots | 6,097 Shares | ₹9,87,714 |
| B-HNI (Min) | 68 Lots | 6,188 Shares | ₹10,02,456 |
M.K.Sons Fine Jewels IPO Live GMP & Movement History
Daily unofficial grey market trends₹5 +3.1%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 2 Nov 2026 | ₹5 | ₹167.00 | +3.09% |
| 1 Nov 2026 | ₹5 | ₹167.00 | +3.09% |
| 31 Oct 2026 | ₹6 | ₹168.00 | +3.70% |
| 30 Oct 2026 | ₹2 | ₹164.00 | +1.23% |
| 29 Oct 2026 | ₹11 | ₹173.00 | +6.79% |
| 28 Oct 2026 | ₹10 | ₹172.00 | +6.17% |
| 27 Oct 2026 | ₹8 | ₹170.00 | +4.94% |
| 26 Oct 2026 | ₹7 | ₹169.00 | +4.32% |
| 25 Oct 2026 | ₹8 | ₹170.00 | +4.94% |
M.K.Sons Fine Jewels IPO Subscription Status
Demand breakdown by investor categoryM.K.Sons Fine Jewels Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2024 | 95.21 Cr. | 217.40 Cr. | 206.56 Cr. | 8.17 Cr. |
| 2025 | 219.64 Cr. | 351.32 Cr. | 319.29 Cr. | 23.26 Cr. |
| 2026 | 283.21 Cr. | 538.86 Cr. | 467.33 Cr. | 51.80 Cr. |
| June 2026 | 305.68 Cr. | 101.45 Cr. | 81.16 Cr. | 15.02 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
M.K.Sons Fine Jewels IPO Valuation & KPIs
Key metrics pre-issueM.K.Sons Fine Jewels Peer Group Comparison
Listed industry peers| Company Name | P/E | EPS (₹) | RoNW (%) | NAV (₹) | Total Income |
|---|---|---|---|---|---|
| Motisons Jewellers Limited | 27.78 | 0.65 | 12.77% | 5.05 | 489.55 Cr. |
| Tribhovandas Bhimji Zaveri Limited | 19.62 | 30.32 | 24.14% | 125.60 | 3202.95 Cr. |
| Senco Gold Limited | 9.55 | 35.08 | 22.85% | 153.45 | 8430.03 Cr. |
| PNGS Reva Diamond Jewellery Limited | 24.21 | 28.41 | 12.55% | 162.53 | 439.03 Cr. |
About M.K.Sons Fine Jewels
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.
M.K.Sons Fine Jewels IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 28 Oct 2026 |
| IPO Close Date | 30 Oct 2026 |
| Basis of Allotment | 02 Nov 2026 |
| Refunds | 03 Nov 2026 |
| Credit to Demat Account | 03 Nov 2026 |
| IPO Listing Date | 04 Nov 2026 |
Note: The timeline for ਐਮ.ਕੇ. ਸੰਨਜ਼ ਫਾਈਨ ਗਹਿਣੇ IPO is tentative and subject to change.
M.K.Sons Fine Jewels Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| New Maharashtra showroom and Gujarat showroom expansion inventory | 152.84 (69.37%) |
| Repay or pre-pay certain borrowings availed by the Company | 30 (13.62%) |
| General corporate purposes | 37.48 (17.01%) |
Note: Objectives are as specified in the DRHP/RHP documents of ਐਮ.ਕੇ. ਸੰਨਜ਼ ਫਾਈਨ ਗਹਿਣੇ.
M.K.Sons Fine Jewels Company Financial Report
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 217.40 Cr. | 206.56 Cr. | 8.17 Cr. | 95.21 Cr. |
| 2025 | 351.32 Cr. | 319.29 Cr. | 23.26 Cr. | 219.64 Cr. |
| 2026 | 538.86 Cr. | 467.33 Cr. | 51.80 Cr. | 283.21 Cr. |
| June 2026 | 101.45 Cr. | 81.16 Cr. | 15.02 Cr. | 305.68 Cr. |
Note: Financial numbers for ਐਮ.ਕੇ. ਸੰਨਜ਼ ਫਾਈਨ ਗਹਿਣੇ are in ₹ Crores unless stated otherwise.
M.K.Sons Fine Jewels Company Valuation & Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | 8.20% |
| ROCE | 10.26% |
| EBITDA Margin | 23.09% |
| PAT Margin | 14.80% |
| Debt to Equity Ratio | 0.39 |
| Earning Per Share (EPS) | 12.13 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 30.83% |
| Net Asset Value (NAV) | 39.36 |
Note: Valuation KPIs for ਐਮ.ਕੇ. ਸੰਨਜ਼ ਫਾਈਨ ਗਹਿਣੇ are computed for FY2026.
M.K.Sons Fine Jewels Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Motisons Jewellers Limited | 0.65 | 27.78 | 12.77% | 5.05 | 489.55 Cr. |
| Tribhovandas Bhimji Zaveri Limited | 30.32 | 19.62 | 24.14% | 125.60 | 3202.95 Cr. |
| Senco Gold Limited | 35.08 | 9.55 | 22.85% | 153.45 | 8430.03 Cr. |
| PNGS Reva Diamond Jewellery Limited | 28.41 | 24.21 | 12.55% | 162.53 | 439.03 Cr. |
Note: Peer group comparisons for ਐਮ.ਕੇ. ਸੰਨਜ਼ ਫਾਈਨ ਗਹਿਣੇ are sourced from DRHP filings.
M.K.Sons Fine Jewels IPO FAQs
M.K.Sons Fine Jewels IPO opens for subscription on 27 October 2026 and closes on 29 October 2026.
The price band for M.K.Sons Fine Jewels IPO is set at ₹153.00 to ₹162.00 per share.
The minimum market lot size is 91 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 91 Shares (₹14,742).
The latest Grey Market Premium (GMP) for M.K.Sons Fine Jewels IPO is ₹5. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for M.K.Sons Fine Jewels IPO is tentatively scheduled for 1 November 2026, and shares are expected to list on the stock exchanges on 3 November 2026.
Bigshare Services Pvt. Ltd. is the official registrar for M.K.Sons Fine Jewels IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.