Amir Chand Jagdish Kumar (Exports) Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹201 - ₹212
- Lot size
- 70 shares
- Issue amount
- ₹440 cr
- Total subscription
- 3.41×
- Opens
- 24 Mar 2026
- Closes
- 27 Mar 2026
- Allotment
- 30 Mar 2026
- Listing
- 2 Apr 2026
Offer at a glance
Issue overview
- Issue size
- 2,07,54,716 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,070
- Fresh issue
- ₹440 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,840
- Issue type
- Bookbuilding IPO
- Shares before issue
- 8,27,96,840
- Shares after issue
- 10,35,51,556
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 70 | ₹14,840 |
| sHNI | 14 | 980 | ₹2,07,760 |
| bHNI | 68 | 4,760 | ₹10,09,120 |
Share reservation
Subscription & GMP
Subscription by category
Reported 27 Mar 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 1,03,774 | 1,07,672 |
| HNIs(10L +) | 2,118 | 6,528 |
| HNIs (2-10L) | 1,059 | 8,514 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 160 | 188 |
| FIIs | 0 | 76.46 |
| FIs | 0 | 0.4 |
| Mutual Funds | 0 | 0.02 |
| Others | 0 | 111.12 |
| RETAIL | 154 | 221.59 |
| HNIs 2+ | 22 | 178.75 |
| HNIs 10+ | 44 | 705.72 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| EPS | 5.93 | 7.46 | 3.75 | 2.14 |
| ROE | 11.87 | 17.61 | 10.27 | 6.43 |
| ROCE | 9.16 | 14.36 | 10.41 | 7.82 |
| RONW | 0 | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 28.86 | 0 | 0 |
| POST IPO(PE) | 22.56 | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Lt Foods Limite | 21.67 | 377.65 | 1.00 | 21.38 | 16.81 | 17.43 |
| Krbl Limited | 15.04 | 312.80 | 1.00 | 27.20 | 9.43 | 20.80 |
| Chaman Lal Setia Exports Limited | 12.18 | 251.80 | 2.00 | 19.46 | 14.22 | 20.68 |
| Grm Overseas Limited | 15.34 | 156.65 | 2.00 | 15.18 | 16.09 | 10.21 |
| Sarveshwar Foods Limited | 11.79 | 3.30 | 1.00 | 0.93 | 9.68 | 0.28 |
| Amir Chand Jagdish Kumar (Exports) Limited | 28.86 | 212.00 | 10.00 | 46.29 | 17.61 | 7.46 |
Company information
Company profile
Amir Chand Jagdish Kumar (Exports) Limited, established in 2003, is an Indian company engaged in processing and exporting basmati rice along with various FMCG food products. The company has fully integrated operations in the basmati rice value chain, covering procurement, storage, processing, marketing, and sales. Its products are divided into two main segments, where the rice segment includes basmati and other varieties such as kolam, sona masuri, idli, and ponni rice, while the FMCG segment includes staple items like aata, maida, sooji, besan, salt, and sugar. These products are sold under its main brand “Aeroplane” and several sub-brands. The company has a strong trademark portfolio in India and multiple international markets. Rice products are sold both in India and abroad, whereas FMCG products are mainly sold in the domestic market, with steady revenue growth in recent years. As of May 2025, the company exported to more than 37 countries, operated two manufacturing units in Punjab and Haryana, a packaging facility in New Delhi, and had around 225 permanent employees.
Strengths
- Established Basmati Rice Brand: The flagship brand “Aeroplane,” launched over 40 years ago, has built strong recognition in India’s organized basmati rice market with 40+ sub-brands.
- Strong Procurement Network: Extensive sourcing network across North India’s basmati-growing regions ensures timely procurement of quality paddy at competitive prices.
- Wide Pan-India Distribution: A strong distribution network across general trade, modern trade, and e-commerce supports deep market penetration.
Risk factors
- Working Capital Intensive Operations: Large seasonal procurement of basmati paddy requires significant working capital. Any shortage of funds may disrupt operations.
- Dependence on Procurement Agents: Reliance on third-party agents without long-term contracts may affect timely sourcing of quality paddy.
- Strict Quality Compliance Risk: Failure to meet domestic or international quality standards may lead to order cancellations and revenue loss.
Promoters
Jagdish Kumar Suri
Rahul Suri
Ramnika Suri
Registrar & documents
Lead manager
Emkay Global Financial Services Limited, Keynote Financial Services Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
2735, Shop No. 9, Mohan Lal Palace, Naya Bazar New Delhi, New Delhi, 110006
+91 8595912447
[email protected]Company website ↗Understanding AMIRCHAND IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.