Master Chains n Jewels Ltd. Submits IPO Draft Papers to SEBI

Moving forward with the IPO plans, Master Chains n Jewels Ltd. filed DRHP with SEBI on Jul 25, 2026. The proposed share sale offer will be a mix of a fresh issue aggregating up to ₹400.00 crores and existing shareholders are planning to sell up to 0.59 crore shares.

Systematix Corporate Services Ltd. is the Book Running Lead Manager for the IPO and Bigshare Services Pvt.Ltd. is the Registrar. The company’s shares will be listed on NSE and BSE.

According to the draft red herring prospectus, Not more than 50% of the Offer is reserved for Qualified Institutional Bidders (QIBs), Not less than 15% of the Offer for Non-Institutional Investors (NIIs) and Not less than 35% of the Offer for Retail Individual Investors (RIIs).

Financial Performance Overview

For financial year ending on Mar 31, 2026, the company’s total income stood at ₹1,680.97 crore, up 11% compared to ₹1,512.45 crore in Mar 31, 2025.

Profit after tax (PAT) was reported at ₹97.27 crore, registering an increase of 162% from ₹37.12 crore in the previous fiscal.

About the Company:

Incorporated in May 1997, Master Chains N Jewels Limited is one of India's leading gold jewellery manufacturers, engaged in designing, manufacturing, job-work services, and wholesale distribution of a wide range of gold jewellery. The company specializes in lightweight jewellery and offers an extensive portfolio including gold chains, earrings, bracelets, necklaces, chokers, rings, mangalsutras, pendant sets, daily wear jewellery, and kids' jewellery in 14K, 18K, and 22K gold. It also provides customized jewellery manufacturing and job-work services for wholesalers and retailers.