M.K. Sons Fine Jewels IPO Subscribed 5.09 Times on Day 3

Authored By HDFC SKY | Last Modified: Oct 30, 2026 05:14 PM IST

M.K. Sons Fine Jewels IPO closed with an overall subscription of 5.09 times on October 30, 2026. The non-institutional investor (NII) category led demand at 14.12 times, while retail investors subscribed 3.08 times.

M.K. Sons Fine Jewels IPO Subscribed 5.09 Times on Day 3

Open Free Demat Account

Mumbai, October 30: The M.K. Sons Fine Jewels IPO closed with an overall subscription of 5.09 times on Friday, the final day of bidding. Strong demand from non-institutional investors drove the response, with the NII category subscribed 14.12 times, while the retail investor portion was subscribed 3.08 times, according to subscription data updated at 5:04 PM.

M.K. Sons Fine Jewels IPO Subscription Status

The ₹275.40 crore book-built issue received bids for 6,05,95,171 shares against 1,19,00,000 shares offered to the public, excluding the anchor investor portion.

The NII category recorded the highest subscription at 14.12 times. Within this segment, bids from investors applying for more than ₹10 lakh were 15.33 times the reserved portion, while the smaller NII segment was subscribed 11.70 times.

The qualified institutional buyer (QIB) portion, excluding anchor investors, was subscribed 1.84 times. The retail portion received bids for 1,83,21,394 shares against 59,50,000 shares reserved, translating to a subscription of 3.08 times.

Day-Wise Subscription Trend

Bidding Day	QIB (Ex-Anchor)	NII	Retail	Overall
October 28, 2026 (Day 1)	0.96x	1.19x	0.23x	0.65x
October 29, 2026 (Day 2)	0.99x	2.20x	0.85x	1.18x
October 30, 2026 (Day 3)	1.84x	14.12x	3.08x	5.09x

M.K. Sons Fine Jewels IPO Details

The IPO opened on October 28 and closed on October 30, 2026, with a price band of ₹153 to ₹162 per share. The lot size was 91 shares, requiring a minimum retail investment of ₹14,742 at the upper price band.

The issue comprised a fresh issue of 1.36 crore shares aggregating to ₹220.32 crore and an offer for sale of 34 lakh shares worth ₹55.08 crore. The shares are proposed to list on the BSE and NSE on November 4, 2026.

About M.K. Sons Fine Jewels

M.K. Sons Fine Jewels Ltd., incorporated in 2012, operates in the retail jewellery segment through showrooms across Mumbai and Ahmedabad. Its product range includes rings, necklaces, bangles, earrings, bracelets, mangalsutras and bridal jewellery.

Conclusion

The M.K. Sons Fine Jewels IPO closed at 5.09 times subscription, supported mainly by strong NII participation. Investors can check the allotment status after the basis of allotment is finalised, tentatively on November 2, 2026.

Source

https://www.nseindia.com/market-data/issue-information?symbol=MKSONS&series=EQ&type=Active

Disclaimer

The information shared here is intended solely for informational and educational purposes and does not constitute investment recommendations. While we practice strict due diligence in curating daily market data, readers must perform independent research before trading. To flag any real-time data discrepancies or content concerns, please write to us at content@hdfcsec.com.

IPO