Amir Chand Jagdish Kumar (Exports) IPO aims to raise ₹440 crore from its market debut. The nominal value of shares is ₹10 each. The bidding starts from March 24, 2026. Applications are accepted until the subscription ends on March 27, 2026. The company plans to complete share allotment on March 30, 2026. The shares will debut on NSE and BSE on April 2, 2026.
The lot size and price band of this issue have not been announced yet. Details regarding participation from different investor categories will be available once the lot size information is officially released.
Amir Chand Jagdish Kumar (Exports) IPO Details
An overview of the essential details of this offering is provided below:
| Particulars | Details |
| IPO Opens | March 24, 2026 |
| IPO Closes | March 27, 2026 |
| Issue Type | Bookbuilding |
| Face Value | ₹10 per share |
| Issue Price | – |
| Price Band | Not Disclosed Yet |
| IPO Lot Size | Not Disclosed Yet |
| Listing at | BSE, NSE |
| Fresh Issue | Not Disclosed Yet |
| Offer for Sale(OFS) | – |
| Total Issue | Not Disclosed Yet |
| Minimum Investment | – |
Timeline of the Amir Chand Jagdish Kumar (Exports) IPO
The offering is to run as per the following key details:
| Particulars | Details |
| IPO Opens | March 24, 2026 |
| IPO Closes | March 27, 2026 |
| Allotment Expected | March 30, 2026 |
| Initiation of Refunds | April 1, 2026 |
| Demat Credit of Shares | April 1, 2026 |
| Listing Scheduled | April 2, 2026 |
| UPI mandate cut-off | 5:00 p.m. on March 27, 2026 |
Key Performance Indicators of Amir Chand Jagdish Kumar (Exports)
Amir Chand Jagdish Kumar (Exports)’ key performance indicators (KPIs) are as follows:
| KPIs | FY23 | FY24 | FY25 |
| ROE (%) | 6.43 | 10.27 | 17.61 |
| ROCE (%) | 7.82 | 10.41 | 14.36 |
| Debt Equity (times) | 2.38 | 2.50 | 2.07 |
| RoNW (%) | 6.43 | 10.27 | 17.61 |
| PAT Margin (%) | 1.33 | 1.96 | 3.04 |
| EBITDA margin (%) | 6.06 | 7.08 | 8.18 |
| Price Book Value | – | – | – |
Amir Chand Jagdish Kumar (Exports) Financials
Amir Chand Jagdish Kumar (Exports)’s financial figures are summarised below:
| Particulars (in ₹ million) | 2023 | 2024 | 2025 |
| Revenue | 13,178.61 | 15,514.21 | 20,040.28 |
| Total Assets | 10,890.63 | 12,835.29 | 15,490.32 |
| Profit | 174.96 | 304.05 | 608.22 |
Amir Chand Jagdish Kumar (Exports) IPO Subscription Status
The subscription status for the Amir Chand Jagdish Kumar (Exports) IPO is not available yet, as the bidding window has not opened. The details will be updated once the issue opens for applications on March 24, 2026.
Applications can be submitted between 10:00 AM and 5:00 PM on all issue days.
Amir Chand Jagdish Kumar (Exports) IPO Grey Market Premium Today
At present, the GMP for the Amir Chand Jagdish Kumar (Exports) IPO is ₹0, pointing to neutral investor demand. With no change in the premium over the last three days, the IPO may list around its issue price, indicating no listing profits.
| GMP Date | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|
| 17-03-2026 | ₹4  | ₹4 (0.00%) | ₹0 | 17-Mar-2026 13:60 |
| 16-03-2026 | ₹4  | ₹4 (0.00%) | ₹0 | 16-Mar-2026 23:58 |
| 15-03-2026 | ₹0 | ₹ (0.00%) | ₹0 | 15-Mar-2026 6:51 |
| 14-03-2026 | ₹0 | ₹ (0.00%) | ₹0 | 14-Mar-2026 5:58 |
| 13-03-2026 | ₹0 | ₹ (%) | ₹0 | 13-Mar-2026 16:34 |
Note: The GMP values are based on informal market trades and can change with fluctuations in demand and investor sentiment.
Amir Chand Jagdish Kumar (Exports) IPO Reservation
Below is the breakdown of shares reserved for different investor groups:
| Investor Category | Reservation |
| QIB Shares | At most 50% of the shares |
| NII (HNI) Shares | At least 15% of the shares |
| Retail Shares | At least 35% of the shares |
Lot Size of the Amir Chand Jagdish Kumar (Exports) IPO
Lot size for the Amir Chand Jagdish Kumar (Exports) IPO is not disclosed yet. Information regarding the bid quantities for different investor categories will be updated once the official details are released.
Amir Chand Jagdish Kumar (Exports) IPO Anchor Investors
The following section outlines this offering’s anchor investor participation:
| Particulars | Details |
| Anchor Bidding Opens | March 23, 2026 |
| Shares Offered | Not Announced Yet |
| Portion Size | 60% of the QIB portion |
| 30 Days Lock-in (50% Shares) | April 29, 2026 |
| 90 Days Lock-in for remaining shares | June 28, 2026 |
Amir Chand Jagdish Kumar (Exports) IPO Prospectus
Further information about this issue can be accessed through the documents below:
| Draft Red Herring Prospectus (DRHP) | |
| Red Herring Prospectus (RHP) | |
| Anchor Investors | – |
| Final Prospectus | Not Yet Released |
About Amir Chand Jagdish Kumar (Exports)
Jagdish Kumar Suri founded Amir Chand Jagdish Kumar (Exports) in 2003. He is on the promoter team that also includes Rahul Suri and Ramnika Suri. The business focuses on basmati rice alongside other FMCG offerings. It markets its products under the flagship “Aeroplane” brand as well as owns other sub-brands and trademarks.
The company manages multiple stages of the rice value chain, including sourcing, warehousing, processing, marketing, and sales. Its product portfolio includes basmati and specialty rice varieties as well as FMCG kitchen staples such as atta, maida, sooji, besan, salt, and sugar, catering to diverse consumer segments and price ranges. It works along with Sarveshwar Foods, LT Foods, and GRM Overseas in the agri-food processing industry.
| Issue Registrar | Kfin Technologies |
| Lead Manager | Keynote Financial ServicesEmkay Global Financial Services |
Objectives of the Amir Chand Jagdish Kumar (Exports) IPO
Capital raised from the IPO will be deployed for the objectives listed below:
| S. No. | Particulars | Amount (in ₹ million) |
| 1. | Working Capital Needs | 4,000 |
| 2. | General Corporate Purposes | – |
Strengths of Amir Chand Jagdish Kumar (Exports)
The factors contributing to Amir Chand Jagdish Kumar (Exports)’ presence in the market:
- Established Brand: The Aeroplane brand has multiple products supported by multiple sub-brands across price segments. This helps in attracting customers, supporting premium pricing, and sustaining consistent demand.
- Location Advantage: A wide network spread across northern India enables easy sourcing of quality basmati paddy. Processing facilities in key regions help in supply chain management.
- Integrated Value Chain: The company works across the value chain, ranging from procurement to distribution. This structure supports better inventory management and higher quality control.
- Export Presence: It exports its products to multiple global markets. Strong relationships with international distributors contribute to repeat orders and stable export demand.
Risks of Amir Chand Jagdish Kumar (Exports)
Understanding the key risks of Amir Chand Jagdish Kumar (Exports) is essential before making an investment decision:
- Raw Material Supply: The operations depend on the availability of basmati paddy and unfinished rice. Fluctuations in crop yield or climate conditions can lead to higher costs and reduce productivity.
- Export Dependence: A large portion of earnings comes from export sales. Changes in trade policies, import restrictions, or geopolitical tensions could reduce demand and impact sales.
- Basmati Price Volatility: Basmati rice prices may fluctuate between procurement and sale due to weather and supply-demand dynamics. Such price volatility may affect margins and overall profitability.
- Inventory Handling: Improper storage or handling may lead to damage from pests, moisture, or environmental factors. Such losses could affect product quality, yield, and financial performance.
Amir Chand Jagdish Kumar (Exports) IPO Review
The Amir Chand Jagdish Kumar (Exports) IPO provides exposure to a business in the agri-food processing and export sector. The company benefits from an established brand, integrated operations, and growing export presence. However, its business remains dependent on raw material availability, export markets, and price volatility.
The issue could be considered by investors willing to take moderate risks while focusing on long-term potential.
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Amir Chand Jagdish Kumar (Exports) IPO FAQs
The Amir Chand Jagdish Kumar (Exports) IPO is a book-built public issue worth ₹440 crore, consisting entirely of a fresh issue of shares.
Investors can apply through the ASBA facility via their bank account or through online brokerage platforms. Bids can be placed during the issue period through supported platforms.
The IPO offers exposure to a basmati rice exporter with integrated operations and a strong brand presence. However, factors such as export dependence, raw material risks, and price volatility should be carefully evaluated before investing.
As per the current GMP trend, the Amir Chand Jagdish Kumar (Exports) IPO will have no gains on the listing date.
The IPO will open for subscription on March 24, 2026, and close on March 27, 2026.
The lot size and minimum investment amount have not been announced yet. These details will be disclosed once the company releases the official data.
The share allotment is expected to be finalised on March 30, 2026.
The shares of Amir Chand Jagdish Kumar (Exports) are expected to list on BSE and NSE on April 2, 2026.
