M.K. Sons Fine Jewels IPO Day 2: Subscription Status on 29 October 2026

M. K. Sons Fine Jewels Limited, a retail jeweller with five showrooms in Mumbai and Ahmedabad, is on Day 2 of its IPO bidding window, which opened on 28 October 2026 and closes on 30 October 2026. The M.K. Sons Fine Jewels IPO 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, and the shares are proposed to list on BSE and NSE.

Big NII bidders led the opening day at 1.72 times, while small NII bidders were at 0.14 times. QIB bids reached 0.96 times on the first day itself, excluding the Rs 82.62 crore anchor book completed on 27 October, and retail was at 0.23 times.

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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 2

The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the Day 1 reading on Wednesday, 28 October.

Session	Overall	QIB	NII	Retail
Day 1 close (28 Oct)	0.65x	0.96x	1.19x	0.23x
Day 2, so far (29 Oct)	Updating through the session

Figures are the exchange reading at about 5 PM on 28 October and exclude the anchor portion, so confirm final numbers on NSE or BSE as bidding continues until 30 October.

Track Subscription Status for the issue on the Univest Screener

How to Apply for the M.K. Sons Fine Jewels IPO

1. Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
2. 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.
3. Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
4. Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 30 October.

Download the Univest iOS App or Univest Android App to apply for the issue before the 30 October close.

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 Day 2 at 0.65 times, with NII above one time and QIB close to it. 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.

FAQs

What is the M.K. Sons Fine Jewels IPO subscription status on Day 2?

Ans. The issue carries forward a Day 1 close of 0.65 times overall, with NII at 1.19 times, QIB at 0.96 times and retail at 0.23 times, and figures for Day 2, 29 October 2026, are updating through today's session on BSE and NSE.

When does the M.K. Sons Fine Jewels IPO close?

Ans. The issue closes for subscription on 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. Not yet overall. The issue was subscribed 0.65 times at the Day 1 reading on 28 October, with NII at 1.19 times, QIB at 0.96 times excluding the anchor portion and retail at 0.23 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.