M.K. Sons Fine Jewels IPO Subscription Status Day 3: Overall Subscription Reaches 4.65x

Varda Khade - 0 min read

Last Updated: 2nd November 2026 - 11:32 am

M.K. Sons Fine Jewels IPO subscription reached 4.65 times on Day 3, as of 3:29 PM on October 30, 2026. The public issue received bids for 5,53,38,010 shares against 1,19,00,000 shares available for subscription, excluding the anchor investor portion.

The NII category recorded the highest subscription at 13.62 times, followed by Individual Investors at 2.76 times. The QIB (Ex Anchor) portion was subscribed 1.23 times.

Subscription Status of M.K. Sons Fine Jewels IPO

Date QIB NII Retail Total
Day 1 (October 28) 0.96 1.19 0.23 0.65
Day 2 (October 29) 0.99 2.20 0.85 1.18
Day 3 (October 30) 1.84 14.12 3.08 5.09

Here are the subscription details for on the M.K. Sons Fine Jewels IPO day 3, as of 5:39:06 PM:

Investor Category Subscription (times) Shares Offered Shares bid for Total
Anchor 1 51,00,000  51,00,000   82.620
QIB 1.84 34,00,000 62,64,349     101.482
NII 14.12 25,50,000     3,60,11,976    583.394 
Retail 3.08    59,50,000     1,83,28,310         296.919      
Total 5.09 1,19,00,000     6,06,04,635           

981.795

Key Highlights - Day 3

  • M.K. Sons Fine Jewels IPO recorded an overall subscription of 4.65 times as of 3:29 PM on October 30, increasing from 1.18 times on Day 2.
  • The NII category recorded the highest subscription at 13.62 times, with the above-₹10-lakh portion subscribed 14.90 times and the below-₹10-lakh portion subscribed 11.05 times.
  • Individual Investors subscribed 2.76 times their allocation, while the QIB (Ex Anchor) category recorded 1.23 times subscription. Total bids reached 5,53,38,010 shares.

Key Highlights – Day 2

  • M.K. Sons Fine Jewels IPO recorded an overall subscription of 1.18 times on October 29, compared with 0.65 times on the opening day.
  • The NII category recorded 2.20 times subscription on Day 2, increasing from 1.19 times on Day 1.
  • Individual Investors subscribed 0.85 times their allocated portion, while the QIB category recorded 0.99 times subscription on the second bidding day.

Key Highlights – Day 1

  • M.K. Sons Fine Jewels IPO opened for subscription on October 28, recording an overall subscription of 0.65 times.
  • The NII category led subscription on Day 1 at 1.19 times, followed by the QIB category at 0.96 times.
  • Individual Investors subscribed 0.23 times their allocated portion on the opening day, remaining below full subscription.

About M.K. Sons Fine Jewels Limited

M.K. Sons Fine Jewels Limited is a retail-focused jewellery company engaged in the marketing and sale of gold, diamond and cubic zirconia jewellery. The company sells contemporary, traditional and bridal jewellery through its retail showrooms and online platform under the MK Jewels brand. Its product portfolio includes rings, earrings, necklaces, bangles, bracelets, mangalsutras and other jewellery products.

The company operates in Maharashtra and Gujarat, with three showrooms in Mumbai and two in Ahmedabad. Its business focuses on retail jewellery sales across different product categories and customer requirements, including everyday wear, weddings and festive occasions. The company sources jewellery inventory from suppliers and offers collections across different designs and price points.

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