Amir Chand Jagdish Kumar (Exports) came to market through an IPO that opened on 24 March 2026 and closed on 27 March 2026, and the shares listed on 2 April 2026 on BSE, NSE. The price band was ₹201 to ₹212 per share and one lot was 70 shares, so the minimum application was ₹14,840. The issue size was ₹440 crore. The whole issue was fresh shares, so the money raised went to the company.
Kfin Technologies Ltd was the registrar to the issue, and Emkay Global Financial Services Ltd., Keynote Financial Services Ltd were the lead managers.
As of 27 March 2026.
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Amir Chand Jagdish Kumar (Exports) Limited is a rice processor and exporter of other FMCG products. The company is incorporated under the companies act, 2003. The company’s operations are totally integrated in the entire spectrum of the basmati rice industry. The products are broadly classified under the following segments: Rice-The company processes a variety of rice products including Basmati rice and other varieties such as Kolam rice, Sona Masuri rice, Idli rice, Ponni rice, etc.
FMCG-The company processes a variety of FMCG products such as aata, maida, sooji, besan, salt, sugar, etc. The products are marketed under the Flagship Registered & Trademarked Brand “AEROPLANE,” which has more than 40 sub-brands such as Aeroplane La-Taste,Aeroplane Classic, Ali Baba, World Cup, “Jet, etc. As on March 12, 2026, the company has registered a total of 100 trademarks. This includes 70 trademarks in India and 30 trademarks in 26 countries mainly located in Europe, Asia, Africa.
Additionally, the company holds 22 copyrights in India. The products are being sold both in the domestic market as well as in the international market for rice products, whereas the products of FMCG are being sold in the domestic market only. The revenue from the domestic business has grown at a CAGR of approximately 24.93% from Fiscal 2022 to Fiscal 2024. The company has exported products to over 38 countries on four continents as on February 28, 2026.
The company has two manufacturing and processing units located in India. Unit I is located in Amritsar (Punjab), whereas Unit II is located in Safidon (Haryana). The company has 225 permanent employees as on February 28, 2026.
As described in the offer document.
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Basmati rice exporter Amir Chand mobilises Rs 60 crore from anchor investors. Rajasthan Global Securities, Lords Multigrowth Fund and Chanakya Opportunities Fund I invested in the anchor book.
Jagdish Kumar Suri, Rahul Suri, Ramnika Suri. Promoter holding 99.44% before the issue and 78.78% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Amir Chand Jagdish Kumar (Exports) IPO was a ₹440 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹201–₹212 per share with a lot size of 70 shares (₹14,840). The IPO was open from March 24 to March 27, 2026 and was subscribed 3.41x. Shares listed on BSE and NSE on April 2, 2026 at ₹200, a 5.7% discount to the issue price of ₹212. Kfin Technologies Ltd. is the registrar.
Emkay Global Financial Services Ltd. and Keynote Financial Services Ltd. are the book running lead managers.
The price band of Amir Chand Jagdish Kumar (Exports) IPO is ₹201 to ₹212 per share.
The lot size of Amir Chand Jagdish Kumar (Exports) IPO is 70 shares.
The minimum investment for Amir Chand Jagdish Kumar (Exports) IPO is approximately ₹14,840 based on the upper price band.
The allotment date of Amir Chand Jagdish Kumar (Exports) IPO is Mar 30, 2026.
Amir Chand Jagdish Kumar (Exports) IPO's final recorded GMP before listing was ₹2 per share (a 1% premium over the ₹212 upper price band). The shares listed at ₹200. GMP is unofficial and does not forecast or guarantee the actual listing price.
Amir Chand Jagdish Kumar (Exports) IPO listed on Apr 2, 2026. It was issued at ₹200.0(NSE) and is currently around ₹184.50 as on 17-Jul-2026 3:30 PM, which is approximately -13.0% versus issue price. The 52-week high is ₹200.00.
You can check Amir Chand Jagdish Kumar (Exports) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Amir Chand Jagdish Kumar (Exports) IPO allotment status on Rupix for quick and easy access.
₹201 to ₹212 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 70 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,840.
₹14,840, for one lot of 70 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 24 March 2026 and closed on 27 March 2026.
The basis of allotment was published on 30 March 2026 by Kfin Technologies Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 2 April 2026 on BSE, NSE.
The issue size was ₹440 crore. The fresh issue was 2,07,54,716 shares (aggregating up to ₹440 crore).