Amir Chand Jagdish Kumar Exports

Amir Chand Jagdish Kumar Exports

CLOSED

IPO Date: 24 Mar - 27 Mar 2026

Listing Date: 2 Apr 2026

Price Range

Rs.201 - Rs.212

Issue Size

440 Cr

Min Investment

14,070

Lot Size

70 Shares

Schedule of Amir Chand Jagdish Kumar Exports

Issue open date

24 Mar 2026

Issue close date

27 Mar 2026

UPI mandate deadline

27 Mar 2026 (5 PM)

Allotment finalization

30 Mar 2026

Share credit

1 Apr 2026

Listing date

2 Apr 2026

Mandate end date

12 Apr 2026

Issue size

Funds Raised in the IPOAmount
Overall440 Cr
Fresh Issue440 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date30 Mar 2026
Allotment Link{Link}

Grey Market PremiumNew

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIpo PriceGMPEstimated Listing Price
29 Mar 20262123215 (1.18%)
28 Mar 20262123215 (1.18%)
26 Mar 20262128220 (3.77%)
25 Mar 20262127219 (3.3%)
23 Mar 20262127219 (3.3%)
22 Mar 20262126218 (2.83%)
21 Mar 20262126218 (2.83%)
20 Mar 20262126218 (2.83%)
19 Mar 20262126218 (2.83%)
18 Mar 20262120212 (0%)
17 Mar 20262120212 (0%)
16 Mar 20262120212 (0%)
15 Mar 20262120212 (0%)
14 Mar 20262120212 (0%)
13 Mar 20262120212 (0%)

Performance Amir Chand Jagdish Kumar Exports

Issue PriceListing GainCurrent Market PriceP/L
Rs.201 - Rs.212............

About Amir Chand Jagdish Kumar Exports

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

Founded in2003
Managing directorMr. Jagdish Kumar Suri
Parent organization

Financial Overview

Strengths

  • Established basmati rice processor and exporter with sales across domestic and international markets.
  • Strong brand portfolio led by the flagship “Aeroplane” brand, along with multiple sub-brands.
  • Wide distribution network with 400+ distributors in India and 50+ overseas distributors.
  • Diversified product portfolio including basmati rice varieties and FMCG staples like atta, maida, and besan.
  • Integrated processing infrastructure with significant installed rice processing capacity.

Risks

  • A significant portion of revenue comes from a limited number of customers and distributors.
  • The business is working-capital-intensive due to the large seasonal procurement of paddy.
  • Dependence on procurement agents for sourcing raw materials without long-term contracts.
  • Reliance on distributors without long-term agreements may affect sales stability.
  • Exposure to potential product liability claims, as the company does not carry product liability insurance.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)1.11
Non-Institutional Investors (NIIs)12.67
Retail Individual Investors (RIIs)1.3
EmployeeN/A
Total3.2