Home / Markets / IPO / Amir Chand Jagdsh Kumar sets IPO price band: Check key dates, size, GMP

Amir Chand Jagdsh Kumar sets IPO price band: Check key dates, size, GMP

Amir Chand Jagdsh Kumar has set the price band for its IPO in the range of ₹201 to ₹212 per share

(From left) Rahul Suri, Whole Time Director, Amir Chand Jagdish Kumar (Exports) Ltd (Aeroplane Basmati Rice) and Aryan Suri, Amir Chand Jagdish Kumar (Exports) Ltd during an IPO Conference. (Photo: Kamlesh Pednekar).

SI Reporter New Delhi

2 min read Last Updated : Mar 20 2026 | 12:14 AM IST

Listen to This Article

Amir Chand Jagdish Kumar IPO: The initial public offering (IPO) of Amir Chand Jagdish Kumar (Exports), a processor and exporter of basmati rice, will open for public subscription on Tuesday, March 24, 2026. The company has set the price band in the range of ₹201 to ₹212 per share.

The ₹440 crore public issue is an entirely fresh issue of 20.8 million equity shares. There is no offer for sale (OFS) component.

According to the RHP, Amir Chand IPO will remain open for bidding till Friday, March 27, 2026. The basis of allotment of shares will be finalised on Monday, March 30, 2026. Amir Chand Jagdish Kumar will make its debut on the exchanges, NSE and BSE, on Thursday, April 2, 2026.

Amir Chand Jagdish Kumar IPO GMP

On Thursday, March 19, the unlisted shares of Amir Chand Jagdish Kumar were trading at ₹218 in the grey market, commanding a premium of ₹6 or 2.8 per cent from the upper end price of ₹212.

Here are the key details of Amir Chand Jagdish Kumar IPO:

Amir Chand Jagdish Kumar IPO lot size

The company has set the lot size for an application at 70 shares. Accordingly, retail investors would require a minimum investment amount of ₹14,840 to bid for one lot of 70 shares at the upper end price.

Also Read

Heatwave to boost power demand: Analysts pick top power stocks to invest in

SBI Funds Management files for IPO; SBI, Amundi to sell 203.7 mn shares

Bajaj Finance falls 5%, m-cap sinks ₹1trn since West Asia war; time to buy?

L to R Sudip Dasgupta, CFO, CMPDI, Chaudhari Shivraj Singh, Chairman -cum-Managing Director, Central Mine Planning & Design Institute Limited and Mukesh Agarwal, Director, Coal India during the IPO Press Conference in Mumbai on Monday 16th March, 20

Central Mine Planning IPO: Brokerages split on prospects; should you apply?

HDFC Bank share price crash: These mutual funds may see the biggest hit

Amir Chand Jagdish Kumar IPO registrar, lead manager

Kfin Technologies is the registrar for the issue. Emkay Global Financial Services and Keynote Financial Services are the book-running lead managers.

Amir Chand Jagdish Kumar IPO objective

According to the red herring prospectus (RHP), the company intends to allocate ₹400 crore from the net proceeds for its working capital requirements. The remaining funds will be used for general corporate purposes.

Amir Chand Jagdish Kumar financial overview

For the six-month period ended September 30, 2025 (H1FY26), Amir Chand Jagdish Kumar reported a revenue from operations of ₹1,021.2 crore and a profit after tax (PAT) of ₹48.65 crore. In FY25, the company's revenue from operations came in at ₹2,001.64 crore, up 29 per cent from ₹1,549.52 crore in the previous fiscal. Its earnings before interest, tax, depreciation and amortisation (Ebitda) stood at 163.65 crore, up 49 per cent from ₹109.66 crore in FY24. The company's PAT doubled to ₹60.8 crore from ₹30.4 crore.