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Amir Chand Jagdish IPO
Price Band
₹201.0–212.0
Issue Size
₹440.0 Cr
Lot Size
70 shares
Min Investment
₹14,840
GMP
+₹3.5 (1.65%)
Issue Price
₹212.0
Amir Chand Jagdish IPO AI Summary
- Amir Chand Jagdish IPO is listed on BSE, NSE in the Other Agricultural Products sector.
- Price band: ₹201.0–₹212.0 per share, lot size 70 shares (min. investment ₹14,840).
- Subscription window: 24 Mar–27 Mar 2026, listing on 02 Apr 2026.
- Current GMP is +₹3.5 (1.65%), an estimated listing price of ₹216 — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Amir Chand Jagdish IPO Grey Market Premium (GMP) Today
GMP
+₹3.5
GMP %
+1.65%
Est. Listing
₹215.5
Updated: 14 Jul 2026 15:52
About the Company
Incorporated in 2003, Amir Chand Jagdish Kumar (Exports) Limited is a processor and exporter of basmati rice and other FMCG products in India. The company operates fully integrated operations across the basmati rice value chain, including procurement, storage, processing, marketing, and sales. Products are broadly categorized into two segments: Rice, comprising basmati rice and other specialty varieties such as kolam rice, sona masuri, idli rice, and ponni rice. FMCG, encompassing a range of staple food products such as aata, maida, sooji, besan, salt, and sugar. Products are marketed under the flagship registered and trademarked brand “AEROPLANE”, with more than 40 sub-brands, including “Aeroplane La-Taste”, “Aeroplane Classic”, “Ali Baba”, “World Cup”, and “Jet”. As of the date of this Draft Red Herring Prospectus, Amir Chand Jagdish Kumar (Exports) Limited has registered a total of 100 trademarks, comprising 70 trademarks in India and 30 trademarks across 26 countries primarily in Europe, Asia, and Africa, along with 22 copyrights in India. Rice products are sold both domestically and internationally, while FMCG products are distributed in the domestic market. Revenue from domestic operations has grown at a CAGR of approximately 24.93% from Fiscal 2022 to Fiscal 2024. As of May 31, 2025, the company exported products to more than 37 countries across four continents and operated two manufacturing and processing facilities in India: Unit-I located in Amritsar (Punjab) and Unit-II located in Safidon (Haryana). Additionally, one packaging facility is operated in New Delhi (Unit-III). As of May 31, 2025, the company employed 225 permanent employees.
Company Financials (₹ Cr)
As of 2025-09-30
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 1,526.42 | 1,549.03 | 1,283.53 | 1,089.06 |
| Total Income | 1,024.30 | 2,004.03 | 1,551.42 | 1,317.86 |
| Profit After Tax | 48.65 | 60.82 | 30.41 | 17.50 |
| EBITDA | 105.76 | 163.65 | 109.66 | 79.69 |
| NET Worth | 440.89 | 379.18 | 311.48 | 280.84 |
| Total Borrowing | 739.74 | 784.06 | 777.62 | 667.53 |
Key Ratios
EPS
₹7.35
NAV
₹46.26
ROE
17.61%
ROCE
14.36%
RoNW
17.61%
P/B Value
4.58
P/E Ratio
28.86
Market Cap
₹2195.29 Cr
PAT Margin
3.04%
Debt/Equity
2.07
Promoters
Jagdish Kumar Suri, Rahul Suri and Ramnika Suri
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding working capital requirements of the Company 400.00 2 General Corporate Purposes 11.11 3 Issue Expenses 28.89 Total 440.00
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹1,317.86 Cr in the year ending 31 Mar 2023, rising to ₹1,551.42 Cr by 31 Mar 2024. However, it increased further to ₹2,004.03 Cr by 31 Mar 2025, before dropping to ₹1,024.30 Cr in the latest period ending 30 Sep 2025, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax was ₹17.50 Cr in the year ending 31 Mar 2023, increasing to ₹30.41 Cr by 31 Mar 2024. It further rose to ₹60.82 Cr by 31 Mar 2025, before declining to ₹48.65 Cr in the latest period ending 30 Sep 2025, though this is a 9-month figure, not a full year, so isn't directly comparable.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on unofficial trading before the stock is listed. A positive GMP suggests that the stock may list at a price higher than its issue price, while a negative GMP indicates the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's growth potential, financial health, and market conditions.
Who May Want to Wait
Investors who are risk-averse or those looking for stable, consistent returns may want to avoid IPOs like this, which can be subject to significant price fluctuations and market uncertainties.
IPO Timeline, Explained
The IPO timeline includes the opening date on 24 March 2026 and closing date on 27 March 2026. Allotment of shares will be on 30 March 2026, with the listing date set for 2 April 2026.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make if the stock lists at a higher price than the issue price. However, these gains are not guaranteed, and the stock price can be volatile on listing day due to market sentiment and demand.
This evaluation is generated from Amir Chand Jagdish's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Amir Chand Jagdish IPO GMP today?
Amir Chand Jagdish IPO GMP today is +₹3.5 (1.65%), indicating an estimated listing price of ₹216. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Amir Chand Jagdish IPO?
The price band of Amir Chand Jagdish IPO is ₹201.0–₹212.0 per share.
When does Amir Chand Jagdish IPO open and close?
Amir Chand Jagdish IPO opens on 24 March 2026 and closes on 27 March 2026.
When does Amir Chand Jagdish IPO list on the stock exchange?
Amir Chand Jagdish IPO listed on 02 April 2026 at ₹215.5.
What is the lot size for Amir Chand Jagdish IPO?
The lot size for Amir Chand Jagdish IPO is 70 shares, requiring a minimum investment of ₹14,840.
What is the price band for the IPO?
The price band for the IPO is ₹201.0 to ₹212.0.
What is the lot size for this IPO?
The lot size for this IPO is 70 shares.
What is the minimum investment required?
The minimum investment required is ₹14,840.
What is the expected listing date?
The expected listing date is 2 April 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
24 Mar 2026
Close
27 Mar 2026
Allotment
30 Mar 2026
Listing
02 Apr 2026
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