MK Sons Fine Jewels Ltd.
Price Range
TBA
Issue Size
TBA
Lot Size
1 Shares
Min. Investment
₹ 100
Financial Summary
(in crores)| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Operating Revenue | 3,512.8 | 2,173.23 |
| Other Income | 0.36 | 0.72 |
| Total Income | 3,513.16 | 2,173.95 |
| Total Expenses | 3,126.84 | 2,044.09 |
| Profit Before Tax | 320.25 | 108.32 |
| Total Profit | 232.62 | 81.65 |
Subscription Details
Use of Proceeds
| # | Purpose | Amount (₹ Cr) |
|---|---|---|
| 1 | Funding expenditure towards setting up of 1 new showroom in Maharashtra and expansion | 1,515.06 |
| 2 | Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company | 300 |
Promoters
Promoter Shareholding
Pre-IPO
100.00%
Promoter stake
Post-IPO
N/A
Promoter stake
Offered to Public
1,70,00,000
shares
About the Company
We are a retail-focused jewellery company engaged in the marketing and sale of a wide range of gold, diamond andCubic Zirconia (CZ) jewellery through our own chain of retail showrooms since 2012. One of our Promoters, namelyRamchand Murlidhar Raimalani has been in the business of jewellery since 1999 vide proprietorship firm namely, M. K.Sons Jewellers. Subsequently, on March 29, 2025, our Company acquired the proprietorship business of one of ourPromoters, Ramchand Murlidhar Raimalani, to consolidate operations under a single corporate entity through a BusinessSuccession Agreement and to eliminate potential related party or partiality concerns, and align the business structure withthe interests of a broader set of stakeholders.
Use of Proceeds
1. Funding expenditure towards setting up of 1 new showroom in Maharashtra (“New Showroom”) and expansion of existing showroom in Gujarat (“Expansion”);2. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company; and3. General Corporate Purposes