M K Sons Fine Jewels sets price band at Rs 153-162; Rs 275-crore IPO to open on October 28
MK Jewels IPO | The company approached capital markets to raise Rs 275.4 crore via initial public offering (IPO) of 1.7 crore equity shares, which included fresh issue of 1.36 crore equity shares worth Rs 220.32 crore at the upper end of price band.
Mumbai-based retail jewellery company M K Sons Fine Jewels has fixed price band for its upcoming maiden public issue at Rs 153-162 per share, seeking valuation of Rs 912 crore. The company approached capital markets to raise Rs 275.4 crore via initial public offering (IPO) of 1.7 crore equity shares, which included fresh issue of 1.36 crore equity shares worth Rs 220.32 crore at the upper end of price band.
