Initial public offering of 17,000,000 equity shares of face value of Rs. 10 each ("Equity Shares") of M. K. Sons Fine Jewels Limited ("Company" or "Issuer") for cash at a price of Rs. 162 per equity share (including a share premium of Rs. 152 per equity share) ("Offer Price") aggregating to Rs. 275.4 Crores comprising a fresh issue of 13,600,000 equity shares of face value of Rs. 10 each aggregating to Rs. 220.32 Crores by the company ("Fresh Issue") and an offer for sale of 3,400,000 equity shares of face value of Rs. 10 each aggregating to Rs. 55.08 Crores ("Offered Shares") by Ramchand Murlidhar Raimalani ("The Promoter Selling Shareholder") ("Offer For Sale", and together with the fresh issue, the offer").
The company, in consultation with the book running lead manager, may consider a pre-ipo placement aggregating up to 2,000,000 equity shares, prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the book running lead manager. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from thefresh issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer and allotment pursuant to the pre-ipo placement, the company shall appropriately intimate the subscribers to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result in listing of the equity shares on the stock exchanges. the utilization of the pre-ipo proceeds being discretionary in nature, if raised, shall be completely attributed adjusted towards the gcp portion, unless the pre-ipo proceeds have been utilised towards the disclosed specific objects of the offer. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken).
Price Band: Rs. 162 per equity share bearing face value of Rs. 10 each.
The floor price is 16.20 times of the face value of the equity shares.
Bids can be made for a minimum of 91 equity shares of face value of Rs. 10 each and in multiples of 91 equity shares of face value of Rs. 10 each thereafter.