BSE List Price : ₹171.60

NSE List Price : ₹171.00

Subscription

Category	Times
QIBs	1.84x
HNIs	14.12x
Retail	3.08x
Total : 5.09x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	1	91	₹14,742
Retail Maximum	13	1,183	₹191,646
S - HNI Minimum	14	1,274	₹206,388
S - HNI Maximum	67	6,097	₹987,714
B - HNI Minimum	68	6,188	₹1,002,456

About the Company

M. K. Sons Fine Jewels Limited is a jewellery retail company established in 2012. It sells gold diamond and Cubic Zirconia (CZ) jewellery through its own showrooms. The company operates three showrooms in Mumbai and two in Ahmedabad.

Business Model: The company purchases or sources jewellery and sells it to retail customers through its showroom network. Its business depends on product selection inventory management customer demand and showroom expansion.

Products & Services

• Gold jewellery

• Diamond jewellery

• Cubic Zirconia jewellery

• Bridal and wedding jewellery

• Traditional and contemporary designs

• Rings earrings necklaces bangles and bracelets

• Mangalsutras and other daily-wear jewellery

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹217.40	₹206.56	₹8.17	₹95.21
2025	₹351.32	₹319.29	₹23.26	₹219.64
2026	₹538.86	₹467.33	₹51.80	₹283.21
June 2026	₹101.45	₹81.16	₹15.02	₹ 305.68

Company Promoter

Ramchand Murlidhar Raimalani

Neelam Ramchand Raimalani

Kush Ramchand Raimalani

Know before investing

• • Strengths

  • Diversified portfolio: Offers jewellery across different designs and customer segments.

  • Established presence: Operates showrooms in Mumbai and Ahmedabad.

  • Promoter experience: Promoter Ramchand Murlidhar Raimalani has been involved in the jewellery business since 1999.

  • Expansion plans: Proposes to add showroom capacity in Maharashtra and expand an existing showroom in Gujarat.

  • Recent financial growth: Revenue and profit increased in FY2026 according to the latest reported figures.

• • Risks

  • Geographical concentration: A large proportion of revenue has come from its Gujarat operations.

  • High inventory requirements: Jewellery retailing requires significant capital to maintain stock.

  • Seasonality: Sales may fluctuate during wedding seasons festivals and periods of changing consumer demand.

  • Expansion risk: New showrooms may take time to reach expected sales and profitability.

  • Gold price volatility: Changes in gold and precious-stone prices may affect purchasing costs and customer demand.

  • Legal and tax matters: The offer documents disclose certain outstanding tax-related proceedings.

Objects of the Issue & Utilisation of proceeds

Setting up one new showroom in Maharashtra and expanding an existing showroom in Gujarat    

Repayment or prepayment of certain borrowings   

Company Address

M.K.Sons Fine Jewels Ltd.
1 & 2, A.N. Chambers
Turner Road
Bandra West
Mumbai, Maharashtra, 400050
Phone: +91 9920077788
Email: compliance@mkjewels.in
Website: https://www.mkjewels.in/

IPO Registrar

Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html