Amir Chand Jagdish Kumar IPO 2026 – Price, GMP, Financials & Subscription
Latest Grey Market Premium & IPO Details
Amir Chand Jagdish Kumar IPO 2026 – Key Info & Highlights
Amir Chand Jagdish Kumar IPO 2026 – ₹440 Cr issue on BSE & NSE. IPO opens 24th Mar 2026 and closes 27th Mar 2026. Know price band, lot size, promoter holding (99.44%), listing date, business overview, financials, GMP, and subscription details.
📌 IPO Details
| Company Name | Amir Chand Jagdish Kumar IPO |
|---|---|
| Sector / Industry | Other Agricultural Products |
| IPO Open Date | 24-03-2026 |
| IPO Close Date | 27-03-2026 |
| Allotment Date | 30-03-2026 |
| Refund Date | 01-04-2026 |
| Share Credit Date | 01-04-2026 |
| Listing Date | 02-04-2026 |
| Price Band | ₹201 - ₹212 |
| Lot Size | 70 Shares |
| Min Investment | ₹14840 |
| Net Issue Size | ₹440.00 Cr |
| Fresh Issue | ₹440.00 Cr |
| IPO Listing At | BSE NSE |
| DRHP | View DRHP |
| RHP | View RHP |
| Anchor List | https://ipoinfoindia.com/uploads/anchor-doc/amir-chand-jagdish-kumar-anchor-20260324101727-9245.pdf |
| Issue Type | Book Build Issue |
| Face Value | ₹10 Per Equity Share |
| Promoter Holding Pre IPO | 99.44 % |
| Promoter Holding Post IPO | 78.78% |
* All Dates are provisional
Quota Allocation
| Category | Allocation (%) |
|---|---|
| Retail Investors | 35% |
| QIB (Qualified Institutional Buyers) | 50% |
| HNI (High Net Worth Individuals) | 15% |
📈 Grey Market Premium (GMP) Day-wise Trend
| GMP Date | GMP Price | Trend | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 02-04-2026 | ₹5.50 | ▲ | ₹217.50 | ₹385.00 | 02-04-2026 09:53 |
| 01-04-2026 | ₹3.00 | - | ₹215.00 | ₹210.00 | 01-04-2026 23:00 |
| 31-03-2026 | ₹3.00 | ▲ | ₹215.00 | ₹210.00 | 31-03-2026 23:20 |
📝 About Amir Chand Jagdish Kumar
Incorporated in 2003, Amir Chand Jagdish Kumar (Exports) Limited (ACJK) is a leading 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, ensuring consistent quality and operational efficiency.
ACJK’s products are broadly divided into two segments:
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Rice Products – This includes basmati rice and other specialty varieties such as Kolam, Sona Masuri, Idli Rice, and Ponni Rice, catering to diverse domestic and international consumer needs.
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FMCG Products – A range of staple food products, including aata, maida, sooji, besan, salt, and sugar, marketed under the flagship registered brand “AEROPLANE”. The company has over 40 sub-brands, including “Aeroplane La-Taste,” “Aeroplane Classic,” “Ali Baba,” “World Cup,” and “Jet,” and has registered 100 trademarks (70 in India and 30 internationally across 26 countries), along with 22 copyrights in India.
The company’s 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, ACJK exported to over 37 countries across four continents and operated two manufacturing and processing facilities in India:
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Unit I – Amritsar, Punjab
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Unit II – Safidon, Haryana
Additionally, the company operates one packaging facility in New Delhi (Unit III).
The company employs 225 permanent employees, combining experienced management and skilled workforce to maintain high standards of quality and operational excellence. ACJK’s strategic focus on integrated operations, global market reach, and strong branding positions it as a key player in India’s basmati rice and FMCG industry, with consistent growth and strong investor appeal.
Amir Chand Jagdish Kumar Revised Financials
Amir Chand Jagdish Kumar IPO – Financial Overview
| Period Ended | Assets (₹ Cr) | Total Income (₹ Cr) | Profit After Tax (₹ Cr) | EBITDA (₹ Cr) | Net Worth (₹ Cr) | Total Borrowing (₹ Cr) |
|---|---|---|---|---|---|---|
| 30 Sep 2025 | 1,526.42 | 1,024.30 | 48.65 | 105.76 | 440.89 | 739.74 |
| 31 Mar 2025 | 1,549.03 | 2,004.03 | 60.82 | 163.65 | 379.18 | 784.06 |
| 31 Mar 2024 | 1,283.53 | 1,551.42 | 30.41 | 109.66 | 311.48 | 777.62 |
| 31 Mar 2023 | 1,089.06 | 1,317.86 | 17.50 | 79.69 | 280.84 | 667.53 |
Amir Chand Jagdish Kumar (Exports) Ltd – Objects of Issue
- Funding Working Capital Requirements – The company intends to use ₹500 crore from the IPO proceeds to support its day-to-day operational needs, including procurement of raw materials, inventory management, and other essential working capital requirements that ensure smooth business operations.
- General Corporate Purposes – The remaining IPO proceeds will be used for general corporate purposes, providing the company with flexibility to manage strategic initiatives, fund growth opportunities, and strengthen its market position.
*Note: The above allocations are based on the Draft Red Herring Prospectus (DRHP). The actual utilization and final amounts will be disclosed in the Prospectus. Investors should refer to the official RHP / Prospectus before making investment decisions.*
Amir Chand Jagdish Kumar (Exports) Ltd Strengths
- Strong Brand & Market Position – The company markets rice and FMCG products under its flagship “Aeroplane” brand with more than 40 sub‑brands, enjoying premium positioning and broad recall in both domestic and international markets.
- Wide Distribution Network – A well‑established and extensive distribution network across India and abroad enables efficient market penetration, enhancing visibility and reach across key sales channels.
- Integrated Operations & Quality Control – The company operates a vertically integrated value chain from procurement to packaging with ISO 22000 and HACCP compliance, ensuring consistent quality and cost efficiencies.
- Strong International Presence – With exports to over 37 countries and significant global distribution, the company has established robust relationships in key export markets, strengthening its competitive edge internationally.
- Experienced Promoters & Management – Promoters and senior leadership bring decades of deep industry experience in basmati rice processing, marketing, and export, driving operational excellence and strategic growth.
Amir Chand Jagdish Kumar (Exports) Ltd – Key Risks
- Dependence on Raw Material Supply – The company’s business relies heavily on procuring basmati paddy. Fluctuations in availability or cost can negatively impact operations and profitability.
- Working Capital Intensive Operations – Due to seasonal procurement and long ageing cycles of basmati rice, the business requires significant working capital. Any shortfall in funds or financing may affect operations.
- No Long‑Term Material Contracts – The company depends on procurement agents without long‑term supply agreements. Delays or failure in timely procurement of quality raw materials can disrupt production.
- Export Policy and Trade Risks – A large part of revenue comes from exports. Changes in trade policies, tariffs, or restrictions in India or importing countries can adversely affect export demand and margins.
- Quality Compliance Requirements – Failure to meet strict quality standards required by customers and regulators could lead to cancellation of orders and damage market reputation.
- Intense Competition – The basmati rice and packaged foods market is highly competitive with both organised and unorganised players, affecting pricing power and market share.
- Foreign Exchange Fluctuation – With significant export revenue, adverse movements in foreign currency exchange rates can affect earnings and profitability.
*Note: These risks are based on the Draft Red Herring Prospectus (DRHP) and industry‑relevant factors for the proposed IPO. Investors should read the official RHP / Prospectus carefully before investing.*
Company Information
Founded in: 2003
MD / CEO: Jagdish Kumar Suri
Address: 2735, Shop No. 9, Mohan Lal Palace, Naya Bazar, Central Delhi, Delhi – 110006, India
IPO Quick Info
24 Mar 2026
27 Mar 2026
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Frequently Asked Questions
The flagship brand is Aeroplane, with more than 40 sub-brands, including “Aeroplane La-Taste,” “Aeroplane Classic,” “Ali Baba,” “World Cup,” and “Jet.”