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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 473.64 | 267.24 | 218.04 |
| Total Income | 1,680.97 | 1,512.45 | 1,273.19 |
| Profit After Tax | 97.27 | 37.12 | 22.04 |
| EBITDA | 145.92 | 61.64 | 40.40 |
| NET Worth | 231.96 | 134.65 | 97.52 |
| Reserves and Surplus | 227.46 | 130.15 | 93.02 |
| Total Borrowing | 214.19 | 113.72 | 103.15 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Advit Jewels Ltd. | Mainboard | ₹165.16 Cr | ₹138 | 18.41 | ₹179.46 | +30.04% | ₹179.25 |
| PNGS Reva Diamond Jewellery Ltd. | Mainboard | ₹379.52 Cr | ₹386 | 10.96 | ₹411.70 | +6.66% | ₹574.20 |
| Shringar House of Mangalsutra Ltd. | Mainboard | ₹400.92 Cr | ₹165 | 19.47 | ₹184.88 | +12.05% | ₹224.93 |
| SMR Jewels Ltd. | SME | ₹63.74 Cr | ₹128 | 18.01 | ₹103.05 | -19.49% | ₹98.00 |
| Yaashvi Jewellers Ltd. | SME | ₹43.88 Cr | ₹83 | 5.6 | ₹87.05 | +4.88% | ₹94.92 |
| Grover Jewells Ltd. | SME | ₹33.83 Cr | ₹88 | 12.31 | ₹100.80 | +14.55% | ₹225.10 |
| Luxury Time Ltd. | SME | ₹18.74 Cr | ₹82 | 12.57 | ₹163.59 | +99.50% | ₹55.80 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 350.00 |
| 2 | General Corporate Purposes | |
| Total | 350.00 |
About Master Chains n Jewels IPO
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. The company operates two integrated manufacturing units in Mumbai with in-house design, CAD, casting, stamping, machine-made jewellery production, quality control, and skilled craftsmanship capabilities. Supported by over 80,000 jewellery designs and a nationwide wholesale distribution network spanning 23 states and 3 union territories, Master Chains N Jewels serves leading jewellery retailers, wholesalers, and multi-store chains across India. The company focuses on innovation, lightweight jewellery trends, technology-driven manufacturing, and long-standing customer relationships. As of June 30, 2026, Mast
Contact Details
Master Chains n Jewels Ltd. AddressUnit 1/2, 6th Floor, Plot - 219/221Mehta Mansion, Sheikh Memon StreetZaveri Bazar, KalbadeviMumbai, Maharashtra, 40000289768 97663complianceofficer@masterchain.comVisit Website