
Amir Chand Jagdish Kumar (Exports) IPO
- Issue price
- ₹212
- Listing price
- ₹200
- -5.66%
- Current price
- ₹185.9
- -12.31%
- Subscribed
- 3.41x
- Issue size
- ₹440 Cr
- Listed on
- 2 Apr 2026
IPO timeline
- Opens24 MarTue
- Closes27 MarFri
- Allotment30 MarMon
- Refunds1 AprWed
- Demat credit1 AprWed
- Listing2 AprThu
Issue details
- Price band
- ₹201 – ₹212 per share
- Issue size
- ₹440 Cr
- Fresh issue
- Not available
- Offer for sale
- Not available
- Issue type
- Fresh issue
- Face value
- ₹10 per share
- Lot size
- 70 shares
- Minimum investment
- ₹14,840
- Listing on
- BSE, NSE
- Exchange code
- AMIRCHAND.BO · 7656
Lot size and investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | ₹14,840 |
| Retail (Max) | 13 | 910 | ₹1,92,920 |
| S-HNI (Min) | 14 | 980 | ₹2,07,760 |
| B-HNI (Min) | 68 | 4,760 | ₹10,09,120 |
Reservation
- QIB
- 1,03,77,357 shares (50.00% of the Offer)
- NII
- 31,13,208 shares (15.00% of the Offer)
- Retail
- 72,64,151 shares (35.00% of the Offer)
Allotment status
The allotment for this IPO is final. Check whether you received shares on the registrar's website using your PAN, application number or demat account (DP / Client ID).
Check allotment on KFin Technologies- 1Open the registrar's allotment page and select this IPO from the list.
- 2Enter your PAN, application number or DP / Client ID.
- 3Submit to see the number of shares allotted, if any.
- Basis of allotment
- 30 Mar 2026
- Refunds initiated
- 1 Apr 2026
- Shares credited to demat
- 1 Apr 2026
- Listing
- 2 Apr 2026
Grey market premium (GMP)
- Current GMP
- ₹3
- +1.00%
- Estimated listing price
- ₹215
- Issue price ₹212
- Highest
- ₹7
- 24 Mar
- Lowest
- ₹0
- 16 Mar
GMP by day (₹ per share)
Day-wise GMP table
| Date | GMP | Premium | Est. listing |
|---|---|---|---|
| 1 Apr 2026 | ₹3 | +1.00% | ₹215 |
| 31 Mar 2026 | ₹3 | +1.00% | ₹215 |
| 30 Mar 2026 | ₹2 | — | ₹214 |
| 29 Mar 2026 | ₹2.5 | — | ₹214.5 |
| 28 Mar 2026 | ₹2.5 | — | ₹214.5 |
| 25 Mar 2026 | ₹7 | — | ₹219 |
| 24 Mar 2026 | ₹7 | — | ₹219 |
| 23 Mar 2026 | ₹6 | — | ₹218 |
| 21 Mar 2026 | ₹6 | — | ₹218 |
| 20 Mar 2026 | ₹6 | — | ₹218 |
| 19 Mar 2026 | ₹5 | — | ₹217 |
| 18 Mar 2026 | ₹5 | — | ₹217 |
| 17 Mar 2026 | ₹4 | — | ₹216 |
| 16 Mar 2026 | ₹0 | — | ₹212 |
- Kostak rate
- ₹170
GMP is an unofficial indicator from an unregulated market. It is shown for information only and is not a prediction of the listing price or a recommendation to apply.
Subscription status
- QIB1.18x
- NII (HNI)13.4x
- Retail1.44x
| Category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 79,59,995 | 93,92,794 | 1.18x |
| Non-Institutional Investors (NII) | 32,83,583 | 4,40,00,012 | 13.4x |
| bNII — bids above ₹10 Lakh | 21,89,056 | 3,51,12,458 | 16.04x |
| sNII — bids ₹2 Lakh to ₹10 Lakh | 10,94,527 | 88,87,559 | 8.12x |
| Retail Individual Investors (RII) | 76,61,692 | 1,10,32,836 | 1.44x |
| Total | 1,89,05,270 | 6,44,66,971 | 3.41x |
Financials
- P/E Ratio
- 22.56
- EPS (₹)
- 7.35
- RoCE
- 9.16%
- RoNW
- 11.87%
- PAT Margin
- 4.76%
Separate pre- and post-issue P/E are not available for this IPO; the P/E shown is as disclosed for the issue.
| Period ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 1,024.30 | 2,004.03 | 1,551.42 |
| OPM % | |||
| EBITDA | 105.76 | 163.65 | 109.66 |
| Net Profit | 48.65 | 60.82 | 30.41 |
| Debt | 739.74 | 784.06 | 777.62 |
| Assets | 1,526.42 | 1,549.03 | 1,283.53 |
Peer comparison
| Company | Issue size | P/E | RoNW | PAT margin | Subscribed | Listing gain |
|---|---|---|---|---|---|---|
| Amir Chand Jagdish Kumar (Exports) This IPO | ₹440 Cr | 22.56 | 11.87% | 4.76% | 3.41x | -5.66% |
| Milky Mist Dairy Food Mainboard · listed 18 Aug 2026 | ₹1,553 Cr | 84.85 | 33.60% | 4.05% | 56.12x | +17.86% |
| Orkla India Mainboard · listed 6 Nov 2025 | ₹1,668 Cr | 39.11 | 13.8% | 10.70% | — | — |
| Yashhtej Industries SME · listed 25 Feb 2026 | ₹89 Cr | 17.51 | 58.96% | 3.56% | 1.42x | -20.00% |
| Green Asia Impex SME · Open | ₹60.1 Cr | 12.31 | 50.16 % | 3.07% | 0x | — |
| Peshwa Wheat SME · listed 1 Oct 2026 | ₹53.52 Cr | 12.15 | 36.71% | 7.32% | 2.68x | -0.94% |
| Adon Agro Commodities SME · listed 6 Jul 2026 | ₹44.03 Cr | 6.42 | 84.36% | 7.01% | 1.34x | +11.79% |
Peers are other recent IPOs from the same industry, closest in issue size. Ratios are as disclosed at the time of each issue. This is not the listed-peer table from the offer document.
About Amir Chand Jagdish Kumar (Exports)
Amir Chand Jagdish Kumar (Exports) is a well-established player in India’s agro-based export industry, with its roots tracing back several decades through a family-run trading business. Over the years, the company has evolved from a traditional merchant exporter into a structured organisation catering to global markets. Promoted by experienced professionals from the trading community, the company has built strong expertise in sourcing, processing, and exporting agricultural commodities. Its long-standing presence has helped it develop reliable supplier networks and customer relationships across multiple countries, particularly in regions with high demand for Indian food products. The company primarily deals in the export of products such as pulses, grains, spices, and other agro commodities, ensuring quality standards as per international requirements. Its business model is largely based on bulk procurement from domestic markets, followed by cleaning, grading, packaging, and exporting to overseas clients. By maintaining a focus on quality control, competitive pricing, and timely delivery, the company aims to sustain repeat business from its global clientele. With a scalable and asset-light model, it continues to expand its reach while managing risks associated with commodity price fluctuations and international trade dynamics.
Objects of the issue
- Funding working capital requirements of the Company₹500 Cr
- General Corporate Purposes
Promoters and shareholding
Jagdish Kumar Suri, Rahul Suri, Ramnika Suri
- Promoter holding, pre-issue
- 99.44%
- Promoter holding, post-issue
- 78.78%
Anchor investors
| Investor | Shares allotted | Amount | % of anchor book |
|---|---|---|---|
| RAJASTHAN GLOBAL SECURITIES PVT.LTD. | 18,86,850 | ₹40 Cr | 66.66% |
| LORDS MULTIGROWTH FUND | 4,71,730 | ₹10 Cr | 16.67% |
| CHANAKYA OPPORTUNITIES FUND I | 4,71,800 | ₹10 Cr | 16.67% |
Registrar, lead managers and documents
Lead manager
Company contact
Amir Chand Jagdish Kumar (Exports) Ltd. Address 2735, Shop No. 9, Mohan Lal Palace, Naya Bazar New Delhi, New Delhi, 110006
+91 8595912447
info@aeroplanerice.comAmir Chand Jagdish Kumar (Exports) IPO: common questions
When does the Amir Chand Jagdish Kumar (Exports) IPO open and close?
The Amir Chand Jagdish Kumar (Exports) IPO opens on 24 Mar 2026 and closes on 27 Mar 2026.
What is the price band of the Amir Chand Jagdish Kumar (Exports) IPO?
The price band is ₹201 – ₹212 per share, with a lot size of 70 shares and a minimum investment of ₹14,840.
What is the size of the Amir Chand Jagdish Kumar (Exports) IPO?
The issue size is ₹440 Cr (Fresh issue).
What is the GMP of the Amir Chand Jagdish Kumar (Exports) IPO?
The last reported grey market premium is ₹3 per share as of 01 Apr 2026, 12:59 PM IST. GMP is unofficial and changes frequently.
When is the Amir Chand Jagdish Kumar (Exports) IPO allotment?
The basis of allotment is expected on 30 Mar 2026. Allotment status can be checked with the registrar, KFin Technologies Limited.
When will the Amir Chand Jagdish Kumar (Exports) IPO list?
The shares listed on 2 Apr 2026 on BSE, NSE.
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