The M.K.Sons Fine Jewels IPO opens for bidding on 28 October 2026 and closes on 30 October. The price band is ₹153 to ₹162 a share, and the issue is worth ₹330.48 crore at the upper end. The shares are due to list on NSE and BSE on 4 November.
M.K.Sons Fine Jewels IPO key facts
| Detail | What we have |
|---|---|
| Price band | ₹153 to ₹162 a share |
| Issue size | ₹330.48 crore (2.04 crore shares) |
| Fresh issue | 1.70 crore shares, ₹275.40 crore at the upper band |
| Offer for sale | 34 lakh shares, ₹55.08 crore at the upper band |
| Lot size | 91 shares |
| Minimum investment | ₹14,742 at the upper band |
| Opens and closes | 28 October and 30 October 2026 |
| Allotment | 2 November 2026 |
| Listing | 4 November 2026, NSE and BSE |
One lot of 91 shares at ₹162 costs ₹14,742. The lead manager is Aryaman Financial Services and the registrar is Bigshare Services.
How much of the issue is new money?
The fresh issue is ₹275.40 crore, about 83% of the total. That money goes to the company. The remaining ₹55.08 crore is an offer for sale, where existing shareholders sell and the company receives nothing. The company has not yet been added to our page with its objects of the issue, so we are not listing them here.
What does the company do?
M.K.Sons Fine Jewels was incorporated in 2012. It sells gold, diamond and CZ jewellery through five showrooms: three in Mumbai and two in Ahmedabad. The promoters are Ramchand Murlidhar Raimalani, Neelam Ramchand Raimalani and Kush Ramchand Raimalani.
Its revenue grew 53% and profit after tax grew 123% between the years ended March 2025 and March 2026, as reported from the offer document. Rupee figures were not available to us, so we do not quote them.
What our data shows
At ₹330.48 crore this is the 76th largest of 107 mainboard IPOs in 2026. Of the 102 mainboard IPOs listed this year, 68 opened above their issue price, and the median listing gain is 6.92%. Our tracker shows a grey market premium of ₹0 on 23 October, the first day we have a quote. The grey market is an unofficial dealer quote, not an exchange price. On the last 10 mainboard listings, the final GMP was off by 9.39 percentage points on average, so treat any number with care.
What happens next
Bidding runs from 28 to 30 October. Allotment is expected on 2 November and listing on 4 November. You can follow the M.K.Sons Fine Jewels IPO page for dates, the GMP page for the daily premium, and past listing performance for how earlier issues opened.
