M K Sons Fine Jewels IPO booked 3.50 times so far on final day

Resumen del corpus

The Initial Public Offering (IPO) of M K Sons Fine Jewels was subscribed 3.50 times on the final day of bidding. Non-institutional investors led the demand, with subscriptions reaching 9.41 times, followed by retail investors at 2.36 times. The IPO price band was set between ₹153 and ₹162 per share, and the company raised ₹82.62 crore from anchor investors. The proceeds are planned for setting up a new showroom in Maharashtra, expanding a Gujarat showroom, and meeting general corporate purposes.