M K Sons Fine Jewels IPO
Open Date
28 Oct 2026
Close Date
30 Oct 2026
Open Date
28 Oct 2026
Close Date
30 Oct 2026
Min Investment
Lot Size
Issue Size
Price Range
Subscribed
IPO Open Now.

Founded In
2012
Director
Luke Benedict Fernandez
Financials of M K Sons Fine Jewels IPO
| Key Performance Indicators | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Operating Revenue | 217.32 | 351.28 | 538.74 |
| Other Income | 0.07 | 0.04 | 0.12 |
Total Income | 217.39 | 351.32 | 538.86 |
Total Expenses | 206.56 | 319.29 | 467.33 |
| Profit Before Tax | 10.83 | 32.03 | 71.53 |
Total Profit | 8.17 | 23.26 | 51.80 |
All figures are in crores (₹)

Utilisation of Proceeds
All figures are in crores (₹)
| Purpose | Amount |
|---|---|
| The company proposes to utilize Net Proceeds towards inventory costs for setting up one new showroom in Maharashtra and expanding an existing showroom in Gujarat, aimed at strengthening brand recall and increasing market penetration in western India. | 153 |
| The company intends to utilize an aggregate amount from the Net Proceeds towards repayment or pre-payment, in full or part, of certain borrowings availed from banks, including Cash Credit and working capital facilities, along with accrued interest thereon. | 30 |
| The company proposes to deploy a portion of the Net Proceeds towards general corporate purposes, including strategic initiatives, partnerships, joint ventures, acquisitions, brand promotion, and renovation of existing facilities, not exceeding a specified percentage of Gross Proceeds. | - |

- Multi-Collection Jewellery Portfolio Catering to Varied Consumer Segments: The company offers a diversified portfolio of jewellery through 11 distinct collections spanning gold, diamond and CZ categories, with price ranges from ₹11,000 to ₹85,00,000, covering occasions from daily wear to premium bridal jewellery.
- Targeted Marketing and Promotion Activities Enabling Increasing Brand Recall: The company has built a social media presence of over 591,000 Instagram followers, 76,800 YouTube subscribers and 43,000 Pinterest followers, and participated in 16 exhibitions in FY2026, with advertising expenses of ₹18.41 million in Fiscal 2026.
- Founder-Led Company Supported by Professional Management and Leadership Team: The company is led by Promoter and CMD Ramchand Raimalani with over 25 years of industry experience, supported by a senior management team with cumulative experience of over 40 years and 148 permanent employees as on September 30, 2026.
- Commitment to Quality and Customer Satisfaction: The company exclusively deals in BIS Hallmark-certified gold jewellery and IGI/GIA-certified diamond jewellery, maintaining a low product return rate of 0.41% of revenue from operations in Fiscal 2026, reflecting strong quality standards.
- Strong Financial Results: The company's revenue grew from ₹2,173.23 million in Fiscal 2024 to ₹5,387.36 million in Fiscal 2026 (CAGR of 57.45%), with PAT rising from ₹81.65 million to ₹517.99 million (CAGR of 151.87%) and EBITDA margin improving to 15.39% in Fiscal 2026.

