Amir Chand Jagdish Kumar
02 Apr '26MAINBOARD
Min. Investment
₹14,070
Issue size
₹440 Cr
GMP
Locked
Overall subscription: 1.47x
Expert verdict
IPO dates
24 Mar
Opening
27 Mar
Closing
30 Mar
Allotment
02 Apr
Listing
*Refunds will be initiated on 01 Apr '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | ₹14,840 |
| HNI (Min) | 14 | 980 | ₹2,07,760 |
Subscription (as on 25 March 2026, 06:30 PM)
Overall1.47x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2003|MD: Mr. Jagdish Kumar Suri
- Amir Chand Jagdish Kumar (Exports) Limited is engaged in the processing and export of basmati rice and the marketing of FMCG products in India. The company benefits from over four decades of industry experience through its promoters, who have been associated with the basmati rice trade and export sector. The company operates across the basmati rice value chain, including procurement of paddy, storage, milling, processing, packaging, marketing and distribution.
- The company’s product portfolio is broadly categorised into two segments: rice and FMCG products. The rice segment primarily includes basmati rice along with other speciality rice varieties such as kolam rice, sona masuri, idli rice, and ponni rice, with basmati rice contributing the majority of revenue. These products are marketed under the flagship brand “AEROPLANE” along with several sub-brands catering to different price segments and customer categories. In addition, the company has diversified into FMCG staples such as atta, maida, sooji, besan, salt, and sugar, which are primarily sold in the domestic market.
- The company sells its products through a distribution network comprising distributors, institutional buyers, retail chains, and online platforms. As of February 28, 2026, the company exports its products to more than 38 countries. Its operations are supported by three manufacturing, processing, and packaging facilities located in Punjab, Haryana, and Delhi.
- Use of proceeds:
- This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes:
- Funding the working capital requirement of the company – Rs 400 crore
- General corporate purposes
Issue Details & Objective
Lot size
70 Shares
Price band
₹201 to 212
Face value
₹10 per share
Financials
IPO reservation
HNI - 17.37%
Retail - 40.53%
Download DRHP (IPO Doc)FAQs
Should I apply for the Amir Chand Jagdish Kumar IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Amir Chand Jagdish Kumar IPO?
The issue size of Amir Chand Jagdish Kumar IPO is ₹440 Cr
What are the open and close dates for Amir Chand Jagdish Kumar IPO?
The Amir Chand Jagdish Kumar IPO will be open for applications from 24 Mar '26 to 27 Mar '26
What is the lot size and minimum order quantity of Amir Chand Jagdish Kumar IPO?
The lot size of Amir Chand Jagdish Kumar IPO is 70 Shares and its minimum investment amount is ₹14,070.
What is the GMP value of Amir Chand Jagdish Kumar IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Amir Chand Jagdish Kumar IPO is 3.07
