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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
M. K. Sons Fine Jewels Limited is a retail-focused jewellery company engaged in the marketing and sale of gold, diamond, and Cubic Zirconia jewellery through its chain of retail showrooms.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 · 28 Oct | 0.61× | 0.76× | 0.13× | 0.40× |
| Day 3 · 30 Oct | 0.70× | 8.53× | 1.74× | 2.90× |
QIB = qualified institutional buyers, NII = non-institutional (HNI) investors, Retail = individual bids up to ₹2 lakh. Figures are end-of-day captures; the final day's number can rise further after 5 PM as the exchange consolidates bids.
The company offers a diverse portfolio of contemporary and bridal jewellery designs, with a focus on craftsmanship, quality, and customer-centric collections. It operates under a Company Owned Company Operated (COCO) model, with five showrooms located across Mumbai, Maharashtra, and Ahmedabad, Gujarat as of June 30, 2026.
The business was originally established in 1999 as a proprietorship firm by one of the promoters, Ramchand Murlidhar Raimalani, before being incorporated as a company in 2012. The company acquired the proprietorship business in 2025 to consolidate operations and align its structure with broader stakeholder interests.
Only the fresh-issue half funds the company. Offer-for-sale money goes to shareholders selling out — it changes who owns the business, not what the business can spend.
At the upper band of ₹162 and FY26 diluted EPS of ₹12.13, the issue is priced at 13.4× earnings; the listed peers named in the RHP range from 9.6× to 27.8× (average 20.3×).
Peer multiples are as printed in the RHP (priced on its record date) and differ in size, growth and quality — a P/E comparison describes where the price sits, not whether it is right. Not a recommendation.
Across the 47 listings this tracker has scored, GMP called the direction right 83% of the time, missing the size of the move by a median 6.6pp. Read the — above with that error bar attached.
See the full scorecard →An issue price only means something next to what the market already pays for similar businesses.
GMP is unofficial, unregulated grey-market chatter. It moves hourly, it is not a quoted price, and listing prices routinely diverge from it. Nothing on this page is a recommendation to apply for or avoid this issue — it is the public record plus a description of the business, published for education. The business profile is an AI summary of the company's red herring prospectus; every figure shown was checked to appear in the prospectus text, and anything that didn't match was left out. Read the RHP itself before relying on any of it.
No active grey market premium is being tracked for M. K. Sons Fine Jewels right now. GMP (grey market premium) is unofficial, unregulated grey-market chatter — not a quoted price — and listing prices often differ from it.
The M. K. Sons Fine Jewels IPO price band is Rs 153 to Rs 162 per share, with bidding open from 28 Oct 2026 to 30 Oct 2026. It is a Mainboard issue.
The minimum bid is one lot of 91 shares, which is Rs 14,742 at the upper price band. A retail investor can bid for up to 13 lots (Rs 1,91,646) within the Rs 2 lakh retail limit.
At the upper price band of Rs 162 and diluted EPS of Rs 12.13 (FY2026), the M. K. Sons Fine Jewels IPO is priced at about 13.4 times earnings. The listed peers named in its RHP trade between 9.6x and 27.8x (average 20.3x). A P/E comparison describes where the price sits relative to peers; it is not a recommendation.
As of 30 Oct 2026, the M. K. Sons Fine Jewels IPO was subscribed 2.90 times overall — QIB 0.70 times, NII 8.53 times, retail 1.74 times, per official NSE bid data.
Under SEBI's T+3 timeline the M. K. Sons Fine Jewels IPO allotment is expected on 2 Nov 2026 and listing on 4 Nov 2026; exchange holidays can shift these. Allotment status can be checked on the registrar's website (Bigshare Services Private Limited).
Across the 47 IPO listings this tracker has scored, the grey market premium called the listing direction correctly 83% of the time, missing the size of the move by a median 6.6 percentage points. Each final GMP is frozen the day before listing and scored publicly against the actual debut.
Trade Edge AI does not make apply/avoid calls — it is not a SEBI-registered Investment Adviser or Research Analyst. This page publishes the public record (issue details, GMP history, listing outcome) and a plain description of the business so you can make your own decision; read the RHP and consult a SEBI-registered adviser.