AMIRCHAND · NSE,BSE · Rice Processing & FMCG
Amir Chand Jagdish Kumar (Exports) IPO listed on 02 Apr 2026 on NSE,BSE at ₹200.00, a loss of 5.66% over the issue price of ₹212.00. The IPO was subscribed 3.41x overall.
Amir Chand Jagdish Kumar (Exports) IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 24 Mar 2026 |
| IPO Close Date | 27 Mar 2026 |
| Basis of Allotment | 30 Mar 2026 |
| Initiation of Refunds | 01 Apr 2026 |
| Credit of Shares to Demat | 01 Apr 2026 |
| Listing Date | 02 Apr 2026 |
Listing day gain
-5.66%
Listed at ₹200 (issue ₹212)
Issue
₹212
Listing
₹200
Current
₹180
-15.09% vs issue
Day range
₹180 – ₹200
Issue Size
20,754,716 shares
(aggregating up to ₹440.00 Cr)
Issue Price
₹201 – ₹212
Face Value
₹10/share
Market Lot
70 shares
Retail Min Investment
₹14,840
Listing At
NSE,BSE
Sale Type
fresh issue
Fresh Issue
20,754,716 shares
(aggregating up to ₹440 Cr)
Offer for Sale
[.]
Issue Type
book building
Open Date
24 Mar
Close Date
27 Mar
Allotment
30 Mar
Listing
02 Apr
Last updated: 6 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 02 Apr 2026 Latest | ₹212 | ₹3.5 | ₹215.5 | ₹3.5 |
1.65%
|
12:54 PM |
| 01 Apr 2026 | ₹212 | ₹5.5 | ₹217.5 | ₹5.5 |
2.59%
|
1:05 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 27 Mar 2026
| Category | Subscribed (x) |
|---|---|
| QIB | 1.18x |
| NII | 13.4x |
| bNII (bids above ₹10L) | 16.04x |
| sNII (bids below ₹10L) | 8.12x |
| Retail Investors | 1.44x |
| Total | 3.41x |
Showing the latest subscription snapshot.
View full subscription historyJagdish Kumar Suri, Rahul Suri and Ramnika Suri are the company promoters.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 70 | ₹14,840 |
| Retail (Max) | 13 | 910 | ₹192,920 |
| S-HNI (Min) | 14 | 980 | ₹207,760 |
| S-HNI (Max) | 67 | 4,690 | ₹994,280 |
| B-HNI (Min) | 68 | 4,760 | ₹1,009,120 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| NII (HNI) Shares Offered | 3,113,208 (17.37%) |
|
•
bNII > ₹10L
|
2,075,472 (11.58%) |
|
•
sNII < ₹10L
|
1,037,736 (5.79%) |
| Retail Shares Offered | 7,264,151 (40.53%) |
| QIB Shares Offered | 7,546,978 (42.10%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
7,546,978 (42.10%) |
| Total Shares Offered | 17,924,337 (100.00%) |
Amir Chand Jagdish Kumar (Exports) Limited is a leading Indian processor and exporter of Basmati rice, operating for over four decades. The company is famous for its flagship brand "AEROPLANE", which is a household name in India and abroad. They handle everything from buying raw paddy from farmers to processing, aging, and selling it across the globe.
Strengths:
Growth:
The company has shown consistent financial growth, with revenue crossing ₹2,000 Crore in FY25. Their growth strategy focuses on increasing their domestic distribution network (currently 425+ distributors) and expanding their FMCG product portfolio to capture a larger share of the Indian kitchen. The IPO funds (₹500 Cr) are specifically aimed at working capital, which will allow them to buy more paddy during the peak season and fuel future sales.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 1,317.86 | 1,551.42 | 2,004.03 |
| Profit After Tax (PAT) | 17.5 | 30.41 | 60.82 |
| EBITDA | 79.69 | 109.66 | 163.65 |
| Total Assets | 1,089.06 | 1,283.53 | 1,549.03 |
| Net Worth | 280.84 | 311.48 | 379.18 |
| Reserves & Surplus | 278.32 | 291.51 | - |
| Total Borrowing | 667.53 | 777.62 | 784.06 |
Revenue & Profit Trend
The basis of allotment for Amir Chand Jagdish Kumar (Exports) IPO was finalised on 30 Mar 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Amir Chand Jagdish Kumar (Exports) IPO is expected to open in Mar 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Amir Chand Jagdish Kumar (Exports) IPO is ₹201.00 - ₹212.00 per share.
As per market sources, Amir Chand Jagdish Kumar (Exports) IPO GMP is currently ₹3.50. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Amir Chand Jagdish Kumar (Exports) IPO stands at 3.41x overall.
The listing date for Amir Chand Jagdish Kumar (Exports) IPO is 02 Apr 2026.
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