Amir Chand Jagdish Kumar IPO is a book-built issue worth ₹440.00 crore, consisting entirely of a fresh issue of ₹440.00 crore. The IPO opens on March 24, 2026, and closes on March 27, 2026, with tentative listing on BSE and NSE on April 2, 2026.
The IPO price band is to be declared, with other investment details yet to be announced. Amir Chand Jagdish Kumar (Exports) Limited is engaged in processing and exporting basmati rice and FMCG products with fully integrated operations.
Let us understand the Amir Chand Jagdish Kumar IPO in detail.
Amir Chand Jagdish Kumar IPO – Key Details 2026
The following are some of the important and key details about the IPO.
Particulars
Details
IPO Type
Book Building IPO
IPO Size
₹440.00 Cr
Fresh Issue
₹440.00 Cr
Offer for Sale
-
Price Band
To be declared
Lot Size
To be declared
Face Value
₹10 per share
Listing
BSE, NSE
IPO Dates
Mar 24 – Mar 27, 2026
Amir Chand Jagdish Kumar IPO Timeline
The following table explains the tentative IPO schedule.
Event
Date
IPO Opens
Mar 24, 2026
IPO Closes
Mar 27, 2026
Allotment
Mar 30, 2026
Refunds
Apr 1, 2026
Credit of Shares
Apr 1, 2026
Listing Date
Apr 2, 2026
Amir Chand Jagdish Kumar IPO Lot Size & Investment
The following table shows the minimum and maximum investment required.
Category
Shares
Amount
Retail (Min)
To be declared
To be declared
Retail (Max)
To be declared
To be declared
sNII (Min)
To be declared
To be declared
bNII (Min)
To be declared
To be declared
About Amir Chand Jagdish Kumar (Exports) Ltd. Business Operations
Incorporated in 2003, Amir Chand Jagdish Kumar (Exports) Limited is a processor and exporter of basmati rice and FMCG products in India.
The company operates fully integrated operations across the basmati rice value chain, including procurement, storage, processing, marketing, and sales.
The company’s products are categorized into:
Rice segment – basmati rice and specialty varieties such as kolam rice, sona masuri, idli rice, and ponni rice
FMCG segment – aata, maida, sooji, besan, salt, and sugar
Products are marketed under the flagship brand “AEROPLANE”, along with more than 40 sub-brands, including “Aeroplane La-Taste”, “Aeroplane Classic”, “Ali Baba”, “World Cup”, and “Jet”.
As of March 12, 2026, the company has 100 trademarks, including 70 in India and 30 across 26 countries, along with 22 copyrights in India.
Business Segments
The company operates across the following segments:
Rice (basmati and specialty rice varieties)
FMCG (staple food products under branded portfolio)
Global Presence & Operations
The following highlights the company’s operational scale.
Export presence across more than 38 countries
Operations spanning four continents
Domestic and international rice distribution network
FMCG products distributed in domestic markets
As of February 28, 2026, the company operates:
Unit I – Amritsar, Punjab
Unit II – Safidon, Haryana
Unit III – Packaging facility in New Delhi
The company had 225 permanent employees as of February 28, 2026.
Growth Highlights
The following highlights key growth aspects of the company:
Domestic revenue growth at a CAGR of 24.93% from FY22 to FY24
Strong brand portfolio with wide trademark presence
Integrated supply chain across rice processing and FMCG
Amir Chand Jagdish Kumar – Financial Performance
The following table shows restated consolidated financials. Amount in ₹ Crore
Period
Total Income
PAT
EBITDA
FY23
1,317.86
17.5
79.69
FY24
1,551.42
30.41
109.66
FY25
2,004.03
60.82
163.65
Sep 2025
1,024.30
48.65
105.76
Key Performance Indicators (KPI)
The following table highlights important valuation and profitability metrics.
Metric
Sep 30, 2025
Mar 31, 2025
ROE
11.87%
17.61%
ROCE
9.16%
14.36%
Debt/Equity
1.68
2.07
RoNW
11.87%
17.61%
PAT Margin
4.76%
3.04%
EBITDA Margin
10.36%
8.18%
Objects of the Issue
The following explains how IPO proceeds will be used.
Purpose
Amount (₹ Cr)
Funding working capital requirements of the Company
500
General Corporate Purposes
-
Valuation Snapshot
The following table shows EPS and promoter holding.
Particulars
Pre IPO
Post IPO
EPS (₹)
7.35
-
Promoter holding before the issue is 99.44%.
Promoters
The promoters of the company are:
Jagdish Kumar Suri
Rahul Suri
Ramnika Suri
Lead Managers and Registrar
Book Running Lead Managers
Emkay Global Financial Services Ltd.
Keynote Financial Services Ltd.
Registrar
Kfin Technologies Ltd.
Summary
Amir Chand Jagdish Kumar (Exports) Limited operates in the basmati rice and FMCG segment, with integrated operations across procurement, processing, and distribution.
The company has established a presence across domestic and international markets, supported by a strong brand portfolio and export network across multiple countries.
The IPO is scheduled to open on March 24, 2026, and is expected to list on April 2, 2026 on BSE and NSE.
Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice. UnlistedKraft is not responsible for any losses arising from investment decisions based on this content. Readers should conduct their own research and consult qualified professionals before investing.
Frequently Asked Questions
What is the Amir Chand Jagdish Kumar IPO?
Amir Chand Jagdish Kumar IPO is a main-board IPO aggregating up to ₹440.00 crore, consisting entirely of a fresh issue. The price band is yet to be declared.
When does the Amir Chand Jagdish Kumar IPO open?
The IPO opens on March 24, 2026, and closes on March 27, 2026.
What is the lot size of Amir Chand Jagdish Kumar IPO?
The lot size for the IPO is to be declared.
When is Amir Chand Jagdish Kumar IPO allotment?
The allotment for the IPO is expected to be finalized on March 30, 2026.
When is Amir Chand Jagdish Kumar IPO listing date?
The tentative listing date for the IPO is April 2, 2026 on BSE and NSE.
Who are the promoters of Amir Chand Jagdish Kumar (Exports) Ltd.?
The promoters include Jagdish Kumar Suri, Rahul Suri, and Ramnika Suri.
What does Amir Chand Jagdish Kumar (Exports) Ltd. do?
The company is engaged in processing and exporting basmati rice and FMCG products, with integrated operations across the value chain.
Author: Komal Bhatt
Komal Bhatt is a finance content writer at InvestKraft, specialising in research-based articles on financial products, markets, and investment opportunities, including unlisted shares. She holds a Master’s degree in Commerce from the University of Delhi, providing a strong academic foundation in finance and business.
With over three years of experience in digital content, she focuses on simplifying complex financial topics into clear, accurate, and reader-friendly information. Her background includes creating content related to finance certifications such as wealth management and NISM programs, strengthening her understanding of financial markets and investor education.