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M.K.Sons Fine Jewels IPO Allotment Status: Basis Due 2 November, Listing 4 November

Abhishek Vohera By Abhishek Vohera Published: 2 min read
M.K.Sons Fine Jewels IPO Allotment Status: Basis Due 2 November, Listing 4 November

The M.K.Sons Fine Jewels IPO allotment status is due on 2 November 2026. The issue closed on 30 October after being subscribed 5.09 times. Shares are set to list on 4 November.

How do you check the allotment status?

The registrar is Bigshare Services. Once the basis of allotment is published, pick the issue on the Bigshare page and enter your PAN, application number or demat details. You can also check on the BSE or NSE sites.

Our M.K.Sons Fine Jewels IPO allotment page has the direct links. If you are new to this, our guide to checking allotment status walks through each step.

Key dates

StepDate
Bidding closed30 October 2026
Basis of allotment2 November 2026
Refund and demat credit3 November 2026
Listing on BSE and NSE4 November 2026

What did demand look like?

Retail investors bid 3.08 times their quota. That means roughly one retail application in three should get a lot. This is an estimate, because allotment becomes a lottery once a portion is oversubscribed.

CategorySubscribed
Qualified institutional buyers (QIB)1.84x
Non-institutional investors (NII)14.12x
Big NII bids (above ₹10 lakh)15.33x
Small NII bids (₹2 lakh to ₹10 lakh)11.71x
Retail3.08x
Total5.09x

Wealthy individual investors drove the demand. Big institutions like mutual funds bid the least. We covered the final numbers in our final-day subscription report.

The issue in brief

The issue is ₹275.4 crore at ₹153 to ₹162 a share. It has a fresh issue of ₹220.32 crore. The rest is an offer for sale (OFS) of ₹55.08 crore, and that money goes to the selling promoter. One lot is 91 shares, which costs ₹14,742 at the upper band.

The company sells gold and diamond jewellery through 5 showrooms in Mumbai and Ahmedabad. Aryaman Financial Services is the only lead manager.

What our data shows

The M.K.Sons Fine Jewels IPO GMP was ₹5.5 on 2 November, about 3.4% above the issue price. It was ₹15 on 28 October, the day bidding opened. GMP is an unofficial grey market number, not an exchange price.

Over the last 10 mainboard listings, the grey market missed the actual gain by about 3.5 points on average. It guessed too high 4 times and too low 6 times.

What happens next

Refunds for those who did not get shares and share credit for those who did are due on 3 November. Listing is on 4 November. Check back on IPO Guru for the listing-day price.

Tags: #IPO News #Mainboard IPO #IPO Allotment #M.K.Sons Fine Jewels
Abhishek Vohera
Written by

Abhishek Vohera

Founder, IPO Guru

Abhishek Vohera is the founder of IPO Guru. He decodes Indian IPOs and stock market trends for retail investors, cutting through the noise with clear, actionable insights backed by years of market experience.

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