Amir Chand Jagadish Kumar Exports IPO Day 1: Check Latest GMP, Subscription Status, Key Highlights, and More
The Amir Chand Jagadish Kumar Exports IPO is open for public subscription today, 24 March 2026. Prior to the IPO opening, the company had raised ₹60 crore from anchor investors on March 13, 2026.
Amir Chand Jagadish Kumar Exports IPO: Issue Details
Issue Type: The IPO is a book-build issue of ₹440 crore, consisting entirely of a fresh issue of 2.08 crore shares.
Lot Size: 46 shares
Price Band: ₹201-₹212 per share
Minimum Investment: ₹14,840 per lot for retail investors (at the cut-off price or upper price band)
IPO Closing Date: March 18, 2026
Allotment Date: The basis of allotment will be finalised by March 30, 2026.
Listing Date: The tentative listing date on BSE and NSE is April 2, 2026.
Book Running Lead Manager: Emkay Global Financial Services Limited and Keynote Financial Services Limited
Registrar: KFin Technologies Limited
Amir Chand Jagadish Kumar Exports IPO Day 1 Subscription Status
[24-March-2026 10:54:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
0.00 |
|
Non-Institutional Investors |
0.75 |
|
Retail Individual Investors (RIIs) |
0.06 |
|
Total |
0.16 |
Utilisation of IPO Proceeds
The net proceeds from the fresh issue will be used to fund the expenses towards the following objectives:
- Fund working capital requirements
- General corporate purposes
Explore other Upcoming IPOs on BSE and NSE.
Amir Chand Jagadish Kumar Exports IPO GMP
As per media reports, the Grey Market Premium (GMP) of Amir Chand Jagadish Kumar Exports is reported at ₹7 over the IPO price.
Amir Chand Jagadish Kumar Exports Business Overview
Amir Chand Jagadish Kumar Exports is engaged in the processing and export of basmati rice along with a portfolio of FMCG products. 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."
According to an independent industry report commissioned by the company, the company ranked 3rd among the leading players in the Indian rice industry in terms of revenue.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
To read the RA disclaimer, please click here.