M.K. Sons Fine Jewels IPO Day 3: Subscription Closes Today, 30 October 2026
- October 30, 2026
- Posted by: Harsh Piplani
- Category: IPO
M.K. Sons Fine Jewels IPO Day 3, 30 Oct 2026. Subscribed 1.18x after Day 2: NII 2.20x, QIB 0.99x, Retail 0.85x. Price band Rs 153-162. Lot size 91 shares.
Quick Answer
The M.K. Sons Fine Jewels IPO is on its final day of bidding on 30 October 2026. The issue was subscribed 1.18 times at the Day 2 reading on 29 October, with NII at 2.20 times, QIB at 0.99 times excluding the anchor portion and retail at 0.85 times. With bidding open until the end of today’s session, the final subscription figure depends on demand in the closing hours.
M. K. Sons Fine Jewels Limited, a retail jeweller with five showrooms in Mumbai and Ahmedabad, has reached the final day of its IPO subscription window today, 30 October 2026. The M.K. Sons Fine Jewels IPO opened on 28 October 2026 and is a mainboard, book built issue worth about Rs 275.40 crore, made up of a fresh issue of 1.36 crore equity shares and an offer for sale of 34 lakh shares. The shares are proposed to list on BSE and NSE.
Non-institutional bidders led Day 2 at 2.20 times, up from 1.19 times a day earlier, while retail climbed to 0.85 times from 0.23 times. QIB bids stayed just under full subscription at 0.99 times, excluding the Rs 82.62 crore anchor book completed on 27 October.
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M.K. Sons Fine Jewels IPO Details
The table below sets out the key parameters of the M.K. Sons Fine Jewels IPO.
| Open Date | 28 October 2026 |
| Close Date | 30 October 2026 |
| Face Value | Rs 10 per share |
| Price Band | Rs 153 to Rs 162 per share |
| Lot Size | 91 shares |
| Issue Size | Rs 275.40 crore (fresh issue Rs 220.32 crore, offer for sale Rs 55.08 crore) |
| Issue Type | Book Built Issue, Mainboard |
| Listing At | BSE, NSE |
| Allotment Date | 2 November 2026 |
| Listing Date | 4 November 2026 |
M.K. Sons Fine Jewels IPO Subscription Status Day 3
The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the Day 2 reading on Thursday, 29 October.
| Session | Overall | QIB | NII | Retail |
|---|---|---|---|---|
| Day 1 close (28 Oct) | 0.65x | 0.96x | 1.19x | 0.23x |
| Day 2 close (29 Oct) | 1.18x | 0.99x | 2.20x | 0.85x |
| Day 3, closing day so far (30 Oct) | Updating through the session | |||
Figures are the exchange reading at the close of 29 October and exclude the anchor portion, so confirm final numbers on NSE or BSE as bidding closes today. Retail is the largest category at 35 percent of the net offer and is still below one time, so the closing session decides the final picture.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the M.K. Sons Fine Jewels IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 153 to Rs 162 band, in multiples of 91 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, since the issue closes for good after this session.
Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue enters its final day at 1.18 times, with NII above two times, QIB just under one time and retail at 0.85 times. Investors considering the issue should weigh the valuation of about 13 to 16 times earnings, the reliance on one Ahmedabad showroom and on Gujarat, and the long inventory holding period, and read the RHP on bseindia.com before applying after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the M.K. Sons Fine Jewels IPO subscription status on Day 3?
Ans. On the closing day, 30 October 2026, the issue carries forward a Day 2 reading of 1.18 times overall, with NII at 2.20 times, QIB at 0.99 times and retail at 0.85 times, and figures are updating through today’s final session.
When does the M.K. Sons Fine Jewels IPO close?
Ans. The issue closes for subscription today, 30 October 2026, having opened on 28 October 2026.
What is the M.K. Sons Fine Jewels IPO price band and lot size?
Ans. The issue price band is Rs 153 to Rs 162 per share, with a lot size of 91 shares. A retail investor needs at least one lot, which is Rs 14,742 at the upper price band.
Is the M.K. Sons Fine Jewels IPO fully subscribed?
Ans. Yes overall, but not in every category. The issue was subscribed 1.18 times at the Day 2 reading on 29 October, with NII at 2.20 times, QIB at 0.99 times excluding the anchor portion and retail at 0.85 times.
What is the M.K. Sons Fine Jewels IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the M.K. Sons Fine Jewels IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 153 to Rs 162 band, in multiples of 91 shares, then approving the UPI mandate before the daily cut off.
When will the M.K. Sons Fine Jewels IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 2 November 2026, with listing on BSE and NSE tentatively scheduled for 4 November 2026.
What does M. K. Sons Fine Jewels Limited do?
Ans. M. K. Sons Fine Jewels Limited is a retail jewellery company selling gold, diamond and cubic zirconia jewellery through five company-operated showrooms, three in Mumbai and two in Ahmedabad.
