Amir Chand Jagdish Kumar IPO
Analysis based on 8 articles · First reported Mar 23, 2026 · Last updated Mar 27, 2026
The IPO of Amir Chand Jagdish Kumar (Exports) is expected to provide capital for the company's growth, potentially increasing its market share in the basmati rice sector. The listing on JSE Limited and National Stock Exchange of India will offer new investment opportunities for market participants.
Amir Chand Jagdish Kumar (Exports), a basmati rice exporter, launched its initial public offering (IPO) to raise Rs 440 crore. The IPO, with a price band of Rs 201-212 per share, opened on March 24 and closed on March 27. The company successfully mobilized Rs 60 crore from anchor investors and saw subscriptions of 1.33 times on day 2 and 1.47 times by the second day of bidding. The proceeds from the IPO are intended to fund working capital requirements and for general corporate purposes. Amir Chand Jagdish Kumar (Exports) shares are scheduled to be listed on the JSE Limited and National Stock Exchange of India on April 2. The company, known for its 'Aeroplane' brand, reported significant financial growth in FY25, with a 100% year-on-year increase in net profit and a 29.2% rise in revenue.
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