Amir Chand Jagdish Kumar IPO Opens: Price band, key dates, lot size & other issue details

Amir Chand Jagdish Kumar has opened its initial public offering (IPO) for subscription on March 24, 2026, aiming to raise Rs 440 crore through a book-built issue, with entirely fresh issue of shares.

Amar Chand Jagdish Kumar IPO subscription status

As of 1:13 pm, the IPO had received bids for 95.62 lakh shares out of the net offer, resulting in a 51 times the overall subscription, with the non-institutional investors (NIIs) leading the bidding.

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• Qualified Institutional Buyers (QIBs) have booked 0.17 times, with 13.86 lakh shares bid out of the 79.59 lakh shares reserved.
• The Non-Institutional Investors (NIIs) category saw robust demand and was subscribed 2.09 times, with 68.70 lakh shares bid against the 32.83 lakh reserved.
• Retail Individual Investors (RIIs) have booked 0.17 times the allotted shares so far, with 13.05 lakh shares bid out of the 76.61 lakh shares.

Amir Chand Jagdish Kumar IPO issue details

The Rs 440 crore IPO comprises an entirely fresh issue consisting of 2.08 crore equity shares. At the upper end of the price band, the company commands a market valuation of approximately Rs 2,195.29 crore.

Amir Chand Jagdish Kumar IPO price band and lot size

The price band for the IPO has been fixed at Rs 201 to Rs 212 per share. Investors can bid for shares in a lot size of 70 shares. At the upper price band of Rs 212 per share, the minimum investment required for retail investors is Rs 14,840.

Amir Chand Jagdish Kumar IPO key dates

Subscription date: From March 24, the public issue will remain open for bidding until March 27, 2026.

Allotment date: The allotment of shares is expected to be finalised on March 30, 2026.

Listing date: The Amir Chand Jagdish Kumar IPO shares are scheduled to list on the BSE and NSE with a tentative listing date of April 2, 2026.

Amir Chand Jagdish Kumar IPO investor category reservation details

The IPO has reserved nearly:

• 50 per cent of the net offer for Qualified Institutional Buyers (QIBs)
• 15 per cent for Non-Institutional Investors (NIIs)
• 35 per cent for Retail Investors

Amir Chand Jagdish Kumar IPO Lead Manager and Registrar

The book-running lead manager for the issue is Emkay Global Financial Services Ltd, while Kfin Technologies Ltd has been appointed as the registrar.

Amir Chand Jagdish Kumar Company Overview

Established in 2003, Amir Chand Jagdish Kumar (Exports) Limited is a company that specialises in the processing and exporting of basmati rice, along with a range of FMCG products in India.

The company’s portfolio can be classified into two segments:

Rice segment: The segment includes basmati rice, along with other well-known varieties like kolam, sona masuri, idli rice, and ponni rice.

FMCG segment: The segment comprises a range of essential food items like atta, maida, sooji, besan, salt, and sugar.

The company offers a range of products under the flagship brand “AEROPLANE,” along with a range of over 40 sub-brands like Aeroplane La-Taste, Aeroplane Classic, Ali Baba, World Cup, and Jet under the flagship brand “AEROPLANE.”