Amir Chand Jagdish Kumar IPO to Open on March 24: Check Issue Size, Price Band & Key Dates
The ₹440 crore IPO of basmati rice exporter Amir Chand Jagdish Kumar (Exports) Ltd is scheduled to open for subscription on March 24, 2026. Initially, the offer size for the IPO was set to ₹550 crore as per the DRHP filed in June, 2025. The company filed its Red Herring Prospectus (RHP) with the Securities and Exchange Board of India (SEBI) on March 12, 2026, to initiate the IPO process.
Amir Chand Jagdish Kumar (Exports) Limited is a Delhi-based food-processing and export company primarily engaged in manufacturing and exporting basmati rice and other staple food products. Amir Chand IPO will be a 100% book-building issue and will consist entirely of a fresh issue of equity shares of face value of ₹10 each, with no offer-for-sale (OFS) component.
Amir Chand IPO - Issue Details
- Offer Size: Amir Chand IPO will be a book-building issue consisting entirely of a fresh issue of equity shares of face value of ₹10 each, aggregating to ₹440 crore.
- Anchor Investor Bidding Date: Monday, March 23, 2026
- IPO Open Date: Tuesday, March 24, 2026
- IPO Close Date: Friday, March 27, 2026
- Allotment Date: Monday, March 30, 2026
- Listing Date: The equity shares are proposed to be listed on both the National Stock Exchange (NSE) and BSE on Thursday, April 02, 2026
- Book-running Lead Managers: Emkay Global Financial Services Limited and Keynote Financial Services Limited
- Registrar: KFin Technologies Limited
As per the RHP, the company will determine the price band and minimum bid lot for the IPO in consultation with the book-running lead manager.
Explore other Upcoming IPOs on BSE and NSE.
Utilisation of IPO Proceeds
The Company will utilise the net proceeds from the issue towards the following purposes:
- Funding working capital requirements of the Company.
- General Corporate Purposes.
About Amir Chand Jagdish Kumar (Exports) Limited
Amir Chand Jagdish Kumar (Exports) Limited is a Delhi-based food-processing and export company primarily engaged in manufacturing and exporting basmati rice and other staple food products. Incorporated in 2003, the company processes, packages, and markets rice for both domestic and international markets. Its flagship brand “Aeroplane Rice” is widely recognized, along with other in-house brands such as La-Taste, Alibaba, World Cup, Hani, Palm Tree, Budallah, Sophia, and Al Jazira.
Headquartered in Naya Bazar, Delhi, the company operates in the agri-export segment, supplying rice and related products to customers across several global markets. Financially, the company has shown strong scale in recent years. It reported revenue of around ₹2,000 crore for the financial year ended March 31, 2025, reflecting significant growth in its operations.
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