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InvestmentsIPOAmir Chand Jagdish Kumar (Exports) IPO

Amir Chand Jagdish Kumar (Exports) IPO

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Open Date

24 Mar 2026

Close Date

27 Mar 2026

Min Investment

₹ 14,840

Lot Size

70

Issue Size

₹ 440.00 Cr

Price Range

₹ 201 - ₹ 212

Subscribed

3.22 x
status

IPO Closed Now.

IPO Timeline
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IPO Offer Start
24 Mar 2026
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IPO Offer Ends
27 Mar 2026
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Allotment Finalisation
30 Mar 2026
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Refund Initialisation
1 Apr 2026
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Non-Institutional Buyers (sHNI)
1 Apr 2026
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Listing of Shares
2 Apr 2026
IPO Subscription Details as on 28 Mar 2026, 10:13 PM
Qualified Instituational Buyers (QiB)
1.11 x
Retail
1.34 x
Total
3.22 x
Non-Institutional Buyer (bHNI)
15.21 x
Non-Institutional Buyer (sHNI)
7.67 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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Financials of Amir Chand Jagdish Kumar (exports) IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2023Mar 2024Mar 2025
Operating Revenue1,315.851,549.522,001.65
Other Income2.011.902.38
Total Income
1,317.861,551.422,004.03
Total Expenses
1,294.621,512.101,923.80
Profit Before Tax23.2439.3280.23
Total Profit
17.5030.4160.82

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company proposes to utilize funds towards funding incremental working capital requirements to support its business operations as a processor and exporter of basmati rice and other FMCG products, including funding inventories, trade receivables and managing trade payables.400
The company proposes to deploy funds towards general corporate purposes including brand building, marketing, advertising expenditures, business development expenses, deposits for new warehouses, meeting ongoing corporate exigencies and other purposes as approved by the Board.-
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  • Leading Producer and Exporter of Basmati Rice: The company ranks 3rd among peers in terms of revenue and operates with over 40 different sub-brands including 'Aeroplane La-Taste', 'Aeroplane Classic', 'Ali baba', 'World Cup' and 'Jet'.
  • Strong Procurement Capabilities and Location Advantage: The company's strategic presence in Punjab and Haryana provides competitive advantage with easy paddy availability, lower freight costs, and favorable pricing terms through 325 procurement agents.
  • Integrated Operations with Quality Control System: The company operates fully integrated operations across the basmati rice value chain with ISO 22000:2018 and HACCP accreditation, using modern automated machinery from Japan, Germany and the United States.
  • Wide Distribution Network in India: The company maintains extensive sales and distribution network with 431 distributors in India as of February 28, 2026, enabling efficient penetration of major markets.
  • Strong International Presence: The company is recognized as Three Star Export House by Ministry of Commerce & Industry, exporting to over 38 countries across four continents with 53 international distributors.
  • Healthy Financial Performance: The company achieved revenue growth with domestic sales CAGR of 74.90% from Fiscal 2023 to 2025, EBITDA margin improvement from 6.06% to 8.18%, and consistent improvement in ROCE and ROE.
  • Experienced Management Team: The company benefits from experienced leadership with Promoters having over four and three decades of rice industry experience, including National Export Awards recognition in 1998-1999.

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