Amir Chand Jagdish Kumar IPO Day 3: "Aeroplane" Rice Takes Flight—Steady Bids & Growth Outlook
One of India’s top 3 basmati rice exporters, Amir Chand Jagdish Kumar, enters Day 3 of its...
Read ArticleAmir Chand Jagdish Kumar IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
| IPO Open Date | 23 March 2026 | IPO Close Date | 26 March 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 1 April 2026 |
| Price Band | ₹201 - ₹212 per share | Face Value | ₹10 per share |
| Market Lot Size | 70 Shares | Min Investment (Retail) | ₹14,840 |
| Total Issue Size | ₹212 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 23 March 2026 | Confirmed |
| IPO Close Date | 26 March 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 1 April 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 70 Shares | ₹14,840 |
| Retail (Max) | 13 Lots | 910 Shares | ₹1,92,920 |
| S-HNI (Min) | 14 Lots | 980 Shares | ₹2,07,760 |
| S-HNI (Max) | 67 Lots | 4,690 Shares | ₹9,94,280 |
| B-HNI (Min) | 68 Lots | 4,760 Shares | ₹10,09,120 |
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 30 Mar 2026 | ₹3 | ₹215.00 | +1.42% |
| 25 Mar 2026 | ₹7 | ₹219.00 | +3.30% |
| 24 Mar 2026 | ₹7 | ₹219.00 | +3.30% |
| 23 Mar 2026 | ₹6 | ₹218.00 | +2.83% |
Amir Chand Jagdish Kumar IPO is an SME public issue of a company engaged in the trading and distribution of agro products, primarily dealing in food grains, pulses, and related commodities. The company operates in the essential goods supply chain, catering to wholesalers and retailers across regional markets. The IPO is launched to raise funds for working capital requirements and business expansion. With steady demand in the agro trading sector and a focus on supply chain efficiency, the company aims to strengthen its market presence. Given the nature of the commodity-based business, growth remains stable, though margins may be influenced by market price fluctuations and demand cycles.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | — Shares | —% |
| QIB (Ex. Anchor) | — Shares | 50% |
| NII | — Shares | 15% |
| Retail | — Shares | 35% |
| Anchor Bidding Date | March 23, 2026 |
|---|---|
| Shares Offered | — Shares |
| Anchor Size | ₹ — Cr. |
| Lock-in Period (50% Shares - 30 Days) | April 29, 2026 |
| Lock-in Period (50% Shares - 90 Days) | June 28, 2026 |
| Particular | Dates |
|---|---|
| IPO Open Date | 24 Mar 2026 |
| IPO Close Date | 27 Mar 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 02 Apr 2026 |
Note: The timeline for Amir Chand Jagdish Kumar IPO is tentative and subject to change.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 8,27,96,840 | 99.44% |
| Promoter Holding Post Issue | 10,35,51,556 | 78.78% |
| Promoters |
|---|
| Jagdish Kumar Suri, Rahul Suri and Ramnika Suri |
To Be Updated Soon
Since its foundation in 2003, Amir Chand Jagdish Kumar has been one of the leading processors and exporters of basmati rice and FMCG products in India. From buying, storing, processing, marketing, to selling, the firm is involved in managing the entire process of basmati rice. The firm runs its business with 2 segments, 1. Rice, which includes Basmati rice, kolam rice, sona masuri, idli rice, and ponni rice. 2. FMCG, which consists of packaged food products like aata, maida, sooji, besan, salt, and sugar.
As per the draft papers, Amir Chand Jagdish Kumar (Exports) Limited has registered 100 trademarks, 70 in India and 30 in 26 foreign countries across Europe, Asia, and Africa. Its rice products are sold both internationally and domestically, while its FMCG products are sold domestically. As of now, its products are exported to more than 37 countries. Unit I is located in Amritsar (Punjab), and Unit II is located in Safidon.
To Be Updated Soon
To Be Updated Soon
To Be Updated Soon
Amir Chand Jagdish Kumar IPO opens for subscription on 23 March 2026 and closes on 26 March 2026.
The price band for Amir Chand Jagdish Kumar IPO is set at ₹201.00 to ₹212.00 per share.
The minimum market lot size is 70 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 70 Shares (₹14,840).
The latest Grey Market Premium (GMP) for Amir Chand Jagdish Kumar IPO is ₹-12.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Amir Chand Jagdish Kumar IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 1 April 2026.
The registrar details will be confirmed in the official prospectus.