Retail jewellery player M.K. Sons Fine Jewels Limited made its official stock market debut on Tuesday, November 4, 2026, opening with steady gains on the domestic bourses.
Priced at the upper band of ₹162.00 per share, the ₹275.40 crore mainboard issue opened on the BSE at ₹171.60, registering an immediate listing premium of ~5.93% (+₹9.60 per share). On the NSE, the stock debuted at ₹171.00, delivering a solid 5.56% listing gain for successful allottees.
Here is a full summary of its listing performance, final subscription figures, financial standing, and issue structure.
📊 Key Listing & Issue Details
| Item | Detail |
| Company Name | M.K. Sons Fine Jewels Limited |
| Subscription Window | October 28, 2026 – October 30, 2026 |
| Listing Date | November 4, 2026 |
| Issue Price | ₹162.00 per share |
| BSE Listing Price | ₹171.60 per share (+5.93% gain) |
| NSE Listing Price | ₹171.00 per share (+5.56% gain) |
| BSE Code / Group | 545017 |
| NSE Symbol / Series | MKJEWELS |
| Total Issue Size | ₹275.40 crore |
| Lot Size | 91 shares |
| Minimum Retail Investment | ₹14,742 (1 lot) |
| Listing Exchanges | BSE and NSE |
💰 Final Subscription Status Recap
The public offer concluded its subscription period on October 30, 2026, witnessing healthy interest across categories and finishing with an overall subscription of 5.09 times:
+-----------------------------------------------------------------------------------+ | M.K. SONS FINE JEWELS LIMITED: FINAL SUBSCRIPTION DATA | +-------------------+-----------------+------------------+------------------+-------+ | Category | Shares Offered | Shares Bid For | Final Sub (x) | Value | +-------------------+-----------------+------------------+------------------+-------+ | QIB (Institutions)| 34,00,000 | 62,68,749 | 1.84x | ₹101.56Cr | NII / HNI (Wealth)| 25,50,000 | 3,60,11,976 | 14.12x | ₹583.39Cr | Retail (RII) | 59,50,000 | 1,83,50,241 | 3.08x | ₹297.27Cr +-------------------+-----------------+------------------+------------------+-------+ | Total Net Offer | 1,19,00,000 | 6,06,26,566 | 5.09x | ₹982.15Cr +-------------------+-----------------+------------------+------------------+-------+
- Non-Institutional Investors (NIIs - 14.12x): High-net-worth accounts drove the bulk of the demand, heavily oversubscribing their reserved portion.
- Retail Individual Investors (RIIs - 3.08x): Everyday retail participants fully covered their segment across nearly 1.84 lakh applications.
🏢 Issue Structure & Use of Proceeds
The public issue combined a fresh capital raise with a promoter/shareholder divestment:
- Fresh Issue: 1.36 crore equity shares aggregating to ₹220.32 crore.
- Offer for Sale (OFS): 34.00 lakh equity shares aggregating to ₹55.08 crore.
- Proceeds Allocation: The funds raised via the fresh issue are targeted toward financing showroom inventory requirements for new and existing outlets, prepaying borrowings, and supporting general corporate growth.
⚠️ Disclaimer: This content is for informational purposes only and does not constitute professional investment advice. Review official financial documents and consult a certified financial advisor before making any investment decisions.