Amir Chand Jagadish Kumar Exports IPO Day 3: Check Latest GMP, Subscription Status & Key Highlights
The ₹440 crore initial public offering (IPO) of Amir Chand Jagadish Kumar Exports will conclude today, 27 March 2026. Till the end of day 2, the IPO received a subscription of 1.55 times.
Amir Chand Jagadish Kumar Exports IPO: Issue Details
- Issue Size: 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.
- Price Band: The price band is set at ₹201-₹212 per share.
- Lot Size: 70 shares
- Minimum Investment: ₹14,840 per lot for retail investors
- Book-running lead managers: Emkay Global Financial Services Limited and Keynote Financial Services Limited
- Registrar: KFin Technologies Limited
- Listing: The shares are proposed to be listed on the NSE and the BSE on April 2, 2026.
Amir Chand Jagadish Kumar Exports IPO Day 3: Subscription Details
[27-March-2026 10:54:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
0.90 |
|
Non-Institutional Investors |
6.27 |
|
Retail Individual Investors (RIIs) |
0.72 |
|
Total |
1.76 |
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
According to media reports, the Grey Market Premium (GMP) of the Amir Chand Jagadish Kumar Exports IPO is reported at ₹8 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. 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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