M K Sons Fine Jewels Initial Public Offering (IPO) is all set to open its subscription tomorrow (October 28). The company aims to raise a sum of Rs 275.40 crore via a combination of 1.36 crore fresh shares amounting to Rs 220.32 crore and an offer for sale of 34 lakh shares totaling to Rs 55.08 crore. The firm has set the issue price in a range of Rs 153 to Rs 162 per share. The company will close the bidding on October 30.
M K Sons Fine Jewels IPO: GMP
M K Sons Fine Jewels IPO: Allotment and listing
M K Sons Fine Jewels IPO: Lot size
A retail applicant needs to apply for a minimum of one lot that contains 91 shares. The minimum amount of investment required by an individual investor is Rs 14,742.
M K Sons Fine Jewels IPO: BRLM and registrar
About M K Sons Fine Jewels
M. K. Sons Fine Jewels is engaged in the retail sale of gold, diamond, and CZ jewellery through its showroom network across Mumbai and Ahmedabad.
Incorporated in 2012, the company offers rings, necklaces, bangles, earrings, bracelets, Mangalsutras, solitaires, bridal jewellery, and customised jewellery under multiple collections such as Pavitra, Rivaaz, Sitaare, NAQSH, Sunhere, and One & Only.