Amir Chand Jagdish Kumar IPO Update

IPO Details

The initial public offering (IPO) of Amir Chand Jagdish Kumar (Exports) Ltd has entered its last day of bidding on March 27, 2026. The IPO has been fully subscribed so far. The public issue commenced on March 24, 2026, and will close today.

IPO Subscription Status

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As of 11:40 AM on March 27, 2026, the IPO has received 1.88 times subscription. The Retail Individual Investors (RIIs) segment was subscribed 79%, while the Non Institutional Investors (NII) category was subscribed 6.83 times. The Qualified Institutional Buyers (QIBs) category received 90% subscription.

IPO Allocation and Listing

The IPO allotment date is expected to be March 30, 2026, while the IPO listing date is April 2, 2026. The company's shares will be listed on both the BSE and NSE stock exchanges.

IPO Details at a Glance

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• IPO Price Band: ₹201 to ₹212 per share
• IPO Lot Size: 70 shares
• Issue Size: ₹440 crore (fresh issue of 2.08 crore equity shares)
• Book Running Lead Manager: Emkay Global Financial Services Ltd.
• Registrar: Kfin Technologies Ltd.

Grey Market Premium (GMP)

As of today, Amir Chand Jagdish Kumar shares are commanding a muted GMP of ₹7 per share. This indicates that in the grey market, the stock is trading higher by ₹7 apiece than their issue price.

Brokerage Firm Views

SBI Securities recommends investors to subscribe to the issue at the cut-off price for long-term investment horizon. Anand Rathi has rated the IPO as "Subscribe - Long Term" and noted that the company appears fully valued.

Company Overview

Amir Chand Jagdish Kumar (Exports) Ltd operates a fully integrated business model for processing and exporting basmati rice right from procurement, aging, milling, grading, and packaging. The company has reported faster Revenue, EBITDA, and PAT CAGR of 23.3%, 43.3%, and 86.5%, respectively between FY23-25 period.