Master Chains n Jewels Ltd. has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Jul 25, 2026 for its upcoming Initial Public Offering (IPO).
Breaking Down the Master Chains n Jewels IPO Details
- IPO Type: Book Built Issue
- IPO Sale Type: Fresh Issue and Offer for Sale (OFS)
- Fresh Issue: Up to ₹400.00 crore
- Offer for Sale (OFS): Up to 0.59 crore equity shares
- Face Value: ₹10 per equity share
- Lead Manager: Systematix Corporate Services Ltd.
- Registrar: Bigshare Services Pvt.Ltd.
The equity shares are proposed to be listed on NSE and BSE.
IPO Issue Reservation
According to the DRHP, the issue comprises Not more than 50% of the Offer for Qualified Institutional Buyers (QIBs), Not less than 15% of the Offer for Non-Institutional Investors and Not less than 35% of the Offer for Retail Individual Bidders.
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.Financial Performance Highlights:
Master Chains n Jewels Ltd.’s total income grew by 11%, reached ₹1,680.97 crore in Mar 31, 2026, compared to ₹1,512.45 crore in Mar 31, 2025.
Profit after tax jumped 162% to ₹97.27 crore, compared to ₹37.12 crore.
