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Amir Chand Jagdish Kumar (Exports) Limited is a rice processor and exporter of other FMCG products. The company is incorporated under the companies act, 2003. The company’s operations are totally integrated in the entire spectrum of the basmati rice industry. The products are broadly classified under the following segments: Rice-The company processes a variety of rice products including Basmati rice and other varieties such as Kolam rice, Sona Masuri rice, Idli rice, Ponni rice, etc. FMCG-The company processes a variety of FMCG products such as aata, maida, sooji, besan, salt, sugar, etc. The products are marketed under the Flagship Registered & Trademarked Brand “AEROPLANE,” which has more than 40 sub-brands such as Aeroplane La-Taste,Aeroplane Classic, Ali Baba, World Cup, “Jet, etc. As on March 12, 2026, the company has registered a total of 100 trademarks. This includes 70 trademarks in India and 30 trademarks in 26 countries mainly located in Europe, Asia, Africa. Additionally, the company holds 22 copyrights in India. The products are being sold both in the domestic market as well as in the international market for rice products, whereas the products of FMCG are being sold in the domestic market only. The revenue from the domestic business has grown at a CAGR of approximately 24.93% from Fiscal 2022 to Fiscal 2024. The company has exported products to over 38 countries on four continents as on February 28, 2026. The company has two manufacturing and processing units located in India. Unit I is located in Amritsar (Punjab), whereas Unit II is located in Safidon (Haryana). The company has 225 permanent employees as on February 28, 2026.
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| Companies Name | Open - Close | Issue Size | Min. Qty | Issue Price | Apply |
|---|---|---|---|---|---|
Kratikal Tech SME | 30th Jun 2026 - 2nd Jul 2026 | 39.69 Cr | 1000 Shares | ₹ 128.00 | |
Atharva Polyplast SME | 30th Jun 2026 - 2nd Jul 2026 | 27.00 Cr | 2000 Shares | ₹ 55.00 | |
Seemax Resources SME | 30th Jun 2026 - 2nd Jul 2026 | 19.74 Cr | 1000 Shares | ₹ 134.00 | |
Sampark India Logistics SME | 30th Jun 2026 - 2nd Jul 2026 | 27.22 Cr | 1600 Shares | ₹ 80.00 | |
Vinit Mobile SME | 30th Jun 2026 - 2nd Jul 2026 | 34.13 Cr | 800 Shares | ₹ 150.00 | |
Teja Engineering Industries SME | 30th Jun 2026 - 2nd Jul 2026 | 27.36 Cr | 600 Shares | ₹ 220.00 | |
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Open Date
Mar 24, 2026
Close Date
Mar 27, 2026
Min Investment
₹14,840
Lot Size
70 Shares
Issue Size
₹440 Cr
Price Range
₹201 - ₹201
Listing Date
Apr 2, 2026
IPO Doc
RHP PDFRevenue Growth
Company Valuation
Earning Expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.
The company will use ₹400 crore for working capital requirements of the business. Part of the IPO proceeds will be used for general corporate purposes and issue expenses.
Working capital requirements
90.9%
General corporate purposes and issue expenses
9.1%
The company will use ₹400 crore for working capital requirements of the business.
Part of the IPO proceeds will be used for general corporate purposes and issue expenses.
In Cr.
Revenue: ₹1,024.3
EBITDA: ₹105.76
Profit: ₹48.65
| Key Performance Indicator | 30-Sep-25 (In Cr.) | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) | 31-Mar-23 (In Cr.) |
|---|---|---|---|---|
| Revenue | 1,024.30 | 2,004.03 | 1,551.42 | 1,317.86 |
| EBITDA | 105.76 | 163.65 | 109.66 | 79.69 |
| Expenses | ||||
| Profit After Tax | 48.65 | 60.82 | 30.41 | 17.50 |
| Assets | 1,526.42 | 1,549.03 | 1,283.53 | 1,089.06 |
| Net Worth | 440.89 | 379.18 | 311.48 | 280.84 |
| Reserves | ||||
| Borrowing | 739.74 | 784.06 | 777.62 | 667.53 |
Jagdish Kumar Suri
Rahul Suri
Ramnika Suri
99.44%
78.78%
Amir Chand Jagdish Kumar (Exports)
2735, Shop No. 9, Mohan Lal Palace, Naya Bazar New Delhi, New Delhi, 110006
The company has a significant export business, holds a Three Star Export House designation with the Ministry of Commerce and Industry, and has a large presence in the Middle East and also exports to Australia, South Africa, Europe, and Azerbaijan.
The company’s main brand, “Aeroplane,” has been around for over 40 years and has built strong recognition over time. It has also expanded to include 40-plus sub-brands, including Aeroplane La-Taste, Aeroplane Classic, Ali Baba, World Cup, and Jet, to suit diverse customer segments.
The company has a high overall debt of ₹739.70 crore, and the debt-to-equity ratio still remains at a high 1.68x in H1FY26. The loans are generally floaters and secured against key assets, which increases both the risk of increased interest and the likelihood of asset seizures in the event of a default.
The business has an intense short season for procuring paddy from September to January. However, the company ages the product for three to 24 months before selling, which leads to significant inventory holding (e.g., 157–176 days). As a result, the company will have a very large working capital requirement due to these inventory holdings, which will need to be financed through short-term loans, causing a liquidity mismatch.
Exports form a key part of revenue, though dependence has fluctuated, as the Middle East contributed 44.71% in FY24 to 14.27% in H1FY26. The business remains exposed to government export restrictions and import bans by key countries, which can impact demand.