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  5. MK Sons Fine Jewels IPO subscribed 2.58 times so far on Day 3; check allotment date and steps

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MK Sons Fine Jewels IPO subscribed 2.58 times so far on Day 3; check allotment date and steps

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

2 min read | Updated on October 30, 2026, 12:53 IST

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SUMMARY

The ₹275.40 crore MK Sons Fine Jewels IPO comprises a fresh issue of ₹220.32 crore and an offer-for-sale (OFS) of ₹55.08 crore by promoter Ramchand Murlidhar Raimalani.

MK Sons Fine Jewels is a retail-focused jewellery company. | Image: mkjewels.in

MK Sons Fine Jewels is a retail-focused jewellery company. | Image: mkjewels.in

The initial public offering of MK Sons Fine Jewels has been subscribed 2.58 times so far on the third day of bidding on Friday, October 30.

The IPO received bids for 3,06,56,535 shares against 1,19,00,000 shares on offer, as per the NSE data until 12:50 pm.

The non-institutional investors category was subscribed 6.41 times, while the qualified institutional buyers (QIBs) segment was booked 1.04 times. The retail portion was subscribed 1.81 times.

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The ₹275.40 crore initial share sale comprises a fresh issue of ₹220.32 crore and an offer-for-sale (OFS) of ₹55.08 crore by promoter Ramchand Murlidhar Raimalani.

Proceeds from the fresh issue will be utilised to establish a new showroom in Maharashtra, expand an existing showroom in Gujarat, clear certain borrowings and for corporate general purposes.

With a price band of ₹153 to ₹162 per share, a lot consists of 91 shares.

Incorporated in 2012, MK Sons Fine Jewels designs, manufactures and retails fine jewellery. It offers diamond, gold and cubic zirconia (CZ) jewellery through its company-owned stores.

It runs five showrooms across Mumbai and Ahmedabad, serves customers with contemporary and bridal jewellery collections.

Aryaman Financial Services is the sole book-running lead manager for the issue, while Bigshare Services is the registrar.

MK Sons Fine Jewels IPO allotment and listing date

MK Sons Fine Jewels IPO allotment is likely to be finalised on Monday, November 2. The listing on stock exchanges will occur on Wednesday, November 4.

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How to check MK Sons Fine Jewels IPO allotment status on NSE

Steps to check MK Sons Fine Jewels IPO allotment status on Bigshare Services

  • On the Bigshare Services website, open the allotment status page: www.bigshareonline.com/ipo_Allotment.html
  • Select any server from the 3 options
  • Click on 'MK Sons Fine Jewels' from the list
  • Enter any of these: application number, beneficiary ID, or PAN
  • Click the ‘Search’ button
Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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