
Amir Chand Jagdish Kumar Exports
CLOSEDIPO 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 IPO | Amount |
|---|---|
| Overall | 440 Cr |
| Fresh Issue | 440 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 30 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.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 29 Mar 2026 | ₹212 | ₹3 | ₹215 (1.18%) |
| 28 Mar 2026 | ₹212 | ₹3 | ₹215 (1.18%) |
| 26 Mar 2026 | ₹212 | ₹8 | ₹220 (3.77%) |
| 25 Mar 2026 | ₹212 | ₹7 | ₹219 (3.3%) |
| 23 Mar 2026 | ₹212 | ₹7 | ₹219 (3.3%) |
| 22 Mar 2026 | ₹212 | ₹6 | ₹218 (2.83%) |
| 21 Mar 2026 | ₹212 | ₹6 | ₹218 (2.83%) |
| 20 Mar 2026 | ₹212 | ₹6 | ₹218 (2.83%) |
| 19 Mar 2026 | ₹212 | ₹6 | ₹218 (2.83%) |
| 18 Mar 2026 | ₹212 | ₹0 | ₹212 (0%) |
| 17 Mar 2026 | ₹212 | ₹0 | ₹212 (0%) |
| 16 Mar 2026 | ₹212 | ₹0 | ₹212 (0%) |
| 15 Mar 2026 | ₹212 | ₹0 | ₹212 (0%) |
| 14 Mar 2026 | ₹212 | ₹0 | ₹212 (0%) |
| 13 Mar 2026 | ₹212 | ₹0 | ₹212 (0%) |
Performance Amir Chand Jagdish Kumar Exports
| Issue Price | Listing Gain | Current Market Price | P/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 in | 2003 |
| Managing director | Mr. 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
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 1.11 |
| Non-Institutional Investors (NIIs) | 12.67 |
| Retail Individual Investors (RIIs) | 1.3 |
| Employee | N/A |
| Total | 3.2 |