M. K. Sons Fine Jewels Limited has proposed an IPO of up to 17 million equity shares, comprising a fresh issue of 13.6 million shares and an offer for sale of 3.4 million shares. Kanga & Co is advising both the company and lead manager Aryaman Financial Services on the transaction.
M. K. Sons Fine Jewels Limited has proposed an Initial Public Offering (IPO) of up to 17,000,000 equity shares with a face value of Rs.10.
The IPO comprises,
- a fresh issue of up to 13,600,000 equity shares, and
- an offer for sale of up to 3,400,000 equity shares.
Kanga & Co has been appointed as legal adviser to both M. K. Sons Fine Jewels Limited and the Book Running Lead Manager, Aryaman Financial Services Limited.
The engagement is being led by Chetan Thakkar (Senior Partner), with support from T ejal Patankar (Principal Associate), Pooja Lalwani (Senior Associate), and associates Meghna Sharma, Vansh Chadha, Suphla Singh, and Sachi Ray.
M. K. Sons Fine Jewels Limited is a retail-led jewellery business. Since 2012, the company has been marketing and selling a range of gold, diamond, and Cubic Zirconia (CZ) jewellery through its own chain of retail showrooms.
Kanga serves a diverse range of clients, including banks, financial institutions, mutual funds, major corporations, real estate developers, privately owned businesses, partnership firms, and individual clients.