M.K.Sons Fine Jewels IPO Allotment Today: The issue of M.K.Sons Fine Jewels will enter the allotment phase in today’s trading session after the IPO received a subscription of 5.09 times. The stock is seeing a Grey Market Premium (GMP) of 3.4 per cent to the issue price.
M.K.Sons Fine Jewels IPO is a book-built issue of Rs 275 crore. The issue is a combination of 1.36 crore fresh shares amounting to Rs 220.32 crore and an offer for sale of 34 lakh shares totaling Rs 55 crore.
M.K.Sons Fine Jewels IPO Subscription Status
The subscription for the IPO was mainly led by interest from Non-Institutional Investors (NIIs), followed by retail investors. Here’s the breakdown of the IPO subscription:
Qualified Institutional Buyers (QIBs): 1.84x
Non-Institutional Investors (NIIs): 14.12x
Retail Individual Investors (RII): 3.08x
M.K.Sons Fine Jewels IPO GMP
Additionally, ahead of the IPO allotment, the grey market premium (GMP) for the IPO stood at Rs 5.5, reflecting an unlisted premium of 3.4 per cent. Based on the current unlisted premium, the shares are expected to list at Rs 167.5, against the issue price of Rs 162.
M.K.Sons Fine Jewels IPO Allotment Status
Following the successful completion of the three-day subscription window, the IPO has now entered the allotment phase, during which shares will be allotted to successful applicants.
Check M.K.Sons Fine Jewels IPO Allotment Status on NSE
Step 1: Visit the NSE IPO bid verification link.
Step 2: Select “Equity & SME IPO Bid Details”.
Step 3: Choose M.K.Sons Fine Jewels from the available options.
Step 4: Enter your PAN and application number, then click “Submit” to view the allotment status.
Check M.K.Sons Fine Jewels IPO Allotment Status on BSE
Step 1: Visit the BSE IPO allotment link.
Step 2: Select “Equity” under the issue type.
Step 3: Choose M.K.Sons Fine Jewels from the dropdown menu.
Step 4: Enter your application number or PAN details.
Step 5: Complete the CAPTCHA and click “Search” to view the M.K.Sons Fine Jewels IPO allotment status.
Check M.K.Sons Fine Jewels IPO Allotment Status on Bigshare Services
Step 1: Open the website of Bigshare Services
Step 2: Click on the IPO allotment status box on the left side of the screen.
Step 3: Fill in all your details – the company’s name and Application number, Beneficiary ID, or PAN number (any of the three).
Step 4: Enter the captcha and hit the search button.
Sparsh Bansal is the Chief Copy Editor with ET Now Digital. He writes extensively on equity markets, IPO, with a passion for financial markets and a sharp eye to detect patterns, I extensively cover IPOs, stock movements, and investment strategies that shape India’s economic landscape.
He tracks IPO debuts, corporate earnings, and regulatory changes, bringing clarity to complex financial data, which bridges the gap between numbers and hidden patterns behind them.
Over the years, he has authored more than 2000 articles that have ranked prominently on Google, demonstrating commitment to high-quality journalism and impactful reporting.
Before ET Now Digital, Sparsh worked as a Correspondent with Financial Express. He started his career with Informist Media as a Reporter. He holds a Post Graduate Diploma in Business and Finance Journalism from Asian College Journalism – Bloomberg, and a Bachelor’s degree in Journalism and Mass Communication from the Noida International University.