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IPO Open

Tue, Mar 24, 2026

IPO Close

Fri, Mar 27, 2026

Price Band

₹201 to ₹212

Market Cap (Pre-IPO)

₹2,195.29 Cr

IPO Details

  • IPO Date
    24 to 27 Mar, 2026
  • Listing Date
    Thu, Apr 2, 2026
  • Face Value
    ₹10 per share
  • Price Band
    ₹201 to ₹212
  • Lot Size
    70 Shares
  • Sale Type
    Fresh capital only
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE

IPO Details

  • Total Issue Size
    2,07,54,716 shares (agg. up to ₹440 Cr)
  • Fresh Issue
    2,07,54,716 shares (agg. up to ₹440 Cr)
  • Share Holding Pre Issue
    8,27,96,840 shares
  • Share Holding Post Issue
    16,05,56,718 shares
  • Share Holding Post Issue
    10,35,51,556 shares

IPO Timetable (Tentative)

  • IPO Open
    Tue, Mar 24, 2026
  • Allotment
    Mon, Mar 30, 2026
  • Credit of Shares
    Wed, Apr 1, 2026
  • IPO Close
    Fri, Mar 27, 2026
  • Refund
    Wed, Apr 1, 2026
  • Listing
    Thu, Apr 2, 2026

About Amir Chand Jagdish Kumar (Exports) Ltd.

Incorporated in 2003, Amir Chand Jagdish Kumar (Exports) Limited is a processor and exporter of basmati rice and other FMCG products in India. The company operates fully integrated operations across the basmati rice value chain, including procurement, storage, processing, marketing, and sales.

Products are broadly categorized into two segments:

  • Rice, comprising basmati rice and other specialty varieties such as kolam rice, sona masuri, idli rice, and ponni rice.
  • FMCG, encompassing a range of staple food products such as aata, maida, sooji, besan, salt, and sugar. Products are marketed under the flagship registered and trademarked brand “AEROPLANE”, with more than 40 sub-brands, including “Aeroplane La-Taste”, “Aeroplane Classic”, “Ali Baba”, “World Cup”, and “Jet”.

Read More

IPO Reservation

Amir Chand Jagdish Kumar IPO offers total 2,07,54,717 shares. Out of which 1,03,77,358 (50.00%) allocated to QIB, 75,46,978 (36.36%) allocated to QIB (Ex- Anchor), 31,13,208 (15.00%) allocated to NII 72,64,151 (35.00%) allocated to RII and 28,30,380 (13.64%) allocated to Anchor investors.

Investor Category Shares Offered Max Allottees
QIB Shares Offered 1,03,77,358 (50.00%) NA
  − Anchor Investor Shares Offered 28,30,380 (13.64%) NA
  − QIB (Ex. Anchor) Shares Offered 75,46,978 (36.36%) NA
NII (HNI) Shares Offered 31,13,208 (15.00%) NA
  − bNII > ₹10L 20,75,472 (10.00%) 2,117
  − sNII < ₹10L 10,37,736 (5.00%) 1,058
Retail Shares Offered 72,64,151 (35.00%) 1,03,773
Total Shares Offered 2,07,54,717 (100.00%)

IPO Lot Size

Investors can bid for a minimum of 70 shares and in multiples thereof.

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
S-HNI (Max) 67 4,690 ₹9,94,280
B-HNI (Min) 68 4,760 ₹10,09,120

IPO Subscription Details

IPO Anchor Investors

Amir Chand Jagdish Kumar IPO raises ₹60.00 crore from anchor investors. Amir Chand Jagdish Kumar IPO Anchor bid date is March 23, 2026.
📝 Anchor Investors Letter (PDF)

Bid Date Mon, Mar 23, 2026
Shares Offered 28,30,380
Anchor Portion (₹ Cr.) 60.00
Anchor lock-in period end date for 50% shares (30 Days) Wed, Apr 29, 2026
Anchor lock-in period end date for remaining shares (90 Days) Sun, Jun 28, 2026
IPO Anchor Investors List

Company Financials (Restated Consolidated)

Period Ended 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 1,526.42 1,549.03 1,283.53 1,089.06
Total Income 1,024.30 2,004.03 1,551.42 1,317.86
Profit After Tax 48.65 60.82 30.41 17.50
EBITDA 105.76 163.65 109.66 79.69
NET Worth 440.89 379.18 311.48 280.84
Total Borrowing 739.74 784.06 777.62 667.53
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1) Funding working capital requirements of the Company
    500.00
  • 2) General Corporate Purposes

Key Performance Indicator (KPI)

KPI Sep 30, 2025 Mar 31, 2025
ROE 11.87% 17.61%
ROCE 9.16% 14.36%
Debt/Equity 1.68 2.07
RoNW 11.87% 17.61%
PAT Margin 4.76% 3.04%
EBITDA Margin 10.36% 8.18%
Price to Book Value 4.58
Check IPO Peer Comparison here.
Pre IPO Post IPO
EPS (₹) 7.35 9.40
P/E (x) 28.86 22.56
Promoter Holding 99.44% 78.78%
Market Cap ₹2,195.29 Cr.
Jagdish Kumar Suri, Rahul Suri and Ramnika Suri are the company promoters.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2025 available in RHP.

IPO Review

[Dilip Davda]

ACJKEL is one of the leading players in Basmati Rice and has recently added few FMCG products. The company generates around 40% revenue from exports and Rice contributes over 99% of its total revenue. It is operating in a highly competitive and fragmented segment. Based on its recent financial data, the issue appears aggressively priced. Only well-informed/cash surplus/risk seekers may park moderate funds for long term.

Read detail review…

Amir Chand Jagdish Kumar IPO Recommendations

Review By Subscribe May Apply Neutral Avoid
Brokers 4 0 0 2
Members 0 0 0 0

IPO Subscription Status

The Amir Chand Jagdish Kumar IPO is subscribed 3.41 times on March 27, 2026 6:54:40 PM (Day 3). The public issue subscribed 1.44 times in the retail category, 1.18 times in the QIB category, and 13.40 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (x) Shares Offered Shares bid for
QIB (Ex Anchor) 1.18 75,46,978 88,68,090
NII 13.40 31,13,208 4,17,20,280
    bNII (> ₹10L) 16.04 20,75,472 3,32,88,850
    sNII (< ₹10L) 8.12 10,37,736 84,31,430
Retail 1.44 72,64,151 1,04,52,190
Total 3.41 1,79,24,337 6,10,40,560

Total Applications: 1,22,714

IPO Registrar

Kfin Technologies Ltd.

IPO Lead Manager(s)

  1. Emkay Global Financial Services Ltd.  (Past IPO Performance)
  2. Keynote Financial Services Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Amir Chand Jagdish Kumar (Exports) Ltd. Address
2735, Shop No. 9,
Mohan Lal Palace,
Naya Bazar
New Delhi, New Delhi, 110006

IPO FAQs

Amir Chand Jagdish Kumar IPO is a main-board IPO of 2,07,54,716 equity shares of the face value of ₹10 aggregating up to ₹440 Crores. The issue is priced at ₹201 to ₹212. The minimum order quantity is 70.

The IPO opens on Tue, Mar 24, 2026, and closes on Fri, Mar 27, 2026.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Amir Chand Jagdish Kumar IPO using UPI as a payment gateway. Angel One customers can apply in Amir Chand Jagdish Kumar IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Amir Chand Jagdish Kumar IPO through Angel One

  1. Visit the Angel One website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the ‘Amir Chand Jagdish Kumar IPO’ row and click the ‘Bid’ button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Angel One IPO Application Process Review for more detail.

 

 

 

The Amir Chand Jagdish Kumar IPO opens on Tue, Mar 24, 2026 and closes on Fri, Mar 27, 2026.

Amir Chand Jagdish Kumar IPO lot size is 70, and the minimum amount required for application is ₹14,840.

You can apply in Amir Chand Jagdish Kumar IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Amir Chand Jagdish Kumar IPO will be done on Monday, March 30, 2026, and the allotted shares will be credited to your demat account by Wed, Apr 1, 2026. Check the Amir Chand Jagdish Kumar IPO allotment status.

The Amir Chand Jagdish Kumar IPO listing date is not yet announced. The tentative date of listing is Thu, Apr 2, 2026.

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