NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Amir Chand Jagdish Kumar (Exports) Ltd IPO Update

The initial public offer (IPO) of Amir Chand Jagdish Kumar (Exports) Ltd, a basmati rice exporter, has received a strong response on the second day of share sale. The IPO has been subscribed 1.33 times, with a total of 2,25,63,870 shares being bid for against the 1,89,05,270 shares on offer.

Key Subscription Figures

  • The portion reserved for non-institutional investors has been subscribed 4.61 times.
  • Qualified Institutional Buyers (QIBs) have subscribed 58% of their allocated shares.
  • Retail Individual Investors (RIIs) have subscribed 37% of their allocated shares.

Read also: SpaceX Seeks Record $75 Billion IPO, Potentially Positioning Elon Musk as the World's First Trillionaire

Investor Takeaway

Investors should be aware of the robust demand for the Amir Chand Jagdish Kumar IPO on its second day.

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