The basis of allotment for the ₹440 crore Amir Chand Jagadish Kumar Exports IPO will be announced today, 30 March 2026. The bidding window was open from March 24, 2026, to March 27, 2026, during which the IPO received a subscription of 3.23x
The Amir Chand Jagadish Kumar Exports IPO is a book-building issue of ₹440 crore, consisting entirely of a fresh issue of 2.08 crore shares. The price band is set between ₹201 and ₹212 per share.
The book-running lead managers for the IPO are Emkay Global Financial Services Limited and Keynote Financial Services Limited, while KFin Technologies Limited is the registrar for the issue.
The net proceeds from the fresh issue will be used to fund
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[27-March-2026 19:00:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
1.11 |
|
Non-Institutional Investors |
12.71 |
|
Retail Individual Investors (RIIs) |
1.36 |
|
Total |
3.23 |
According to media reports, the Grey Market Premium (GMP) for the Amir Chand Jagadish Kumar Exports IPO is ₹3 over the IPO price.
Amir Chand Jagadish Kumar Exports is engaged in the processing and export of basmati rice along with a portfolio of FMCG products. According to an independent industry report commissioned by the company, it ranked 3rd among the leading players in the Indian rice industry by revenue.
Their product offerings are broadly divided into two segments: (i) rice and (ii) FMCG products. The rice segment includes basmati rice as well as other varieties such as sona masuri, kolam, ponni, and idli rice. The products are marketed under the flagship brand "AEROPLANE."
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