amir-chand-jagdish-kumar

MainboardUpcoming
Issue Price
0-0
Subscription
-
Issue Size
440.00
Lot Size
0
Open
Mar 24, 2026
Close
Mar 27, 2026
Allotment
Mar 30, 2026
Listing
Apr 2, 2026

1. amir-chand-jagdish-kumar (Mainboard) IPO Details

Amir Chand Jagdish Kumar (Exports) IPO is a Mainboard book-built issue of ₹550.00 crores. The issue consists entirely of a fresh issue of shares, with no offer for sale (OFS) component from the promoters.

The company received SEBI approval (observations) in October 2025, and the official bidding dates are expected to be announced soon. The shares will be listed on both NSE and BSE.

The price band and lot size are yet to be officially announced. The company may also consider a pre-IPO placement of up to ₹50 crores; if this occurs, the fresh issue size will be reduced accordingly.

2. About amir-chand-jagdish-kumar (Mainboard)

Incorporated in 2003 and headquartered in New Delhi with major operations in Haryana, the company is one of India's top five producers and exporters of basmati rice. It is widely recognized for its flagship brand, "AEROPLANE".

Business Verticals

  • Rice Processing: Fully integrated operations from paddy procurement and storage to aging, processing, and packaging.

  • FMCG Staples: Beyond rice, the company has diversified into wheat flour (atta), gram flour (besan), salt, sugar, and other kitchen essentials.

  • International Trade: A dominant player in exports, particularly in the Middle East (Saudi Arabia, UAE, Kuwait, Iraq), serving over 37 countries across four continents.

  • Domestic Distribution: Operates a pan-India network with over 425 distributors.

Track Record

  • Revenue Growth: Total income increased from ₹1,344.67 Cr (FY24) to ₹1,719.83 Cr (FY25), a growth of approximately 28%.

  • Profitability: Net profit (PAT) rose significantly from ₹22.06 Cr (FY24) to ₹37.86 Cr (FY25).

  • Operational Scale: Maintains three manufacturing facilities in Punjab, Haryana, and Delhi with a combined capacity of over 5.5 lakh MT.

  • Brand Power: Markets its products under the "Aeroplane" brand and 40+ sub-brands like La-Taste, Alibaba, and World Cup.


Amir Chand Jagdish Kumar (Exports) Ltd IPO GMP

As of March 13, 2026, the Grey Market Premium (GMP) is currently ₹0 as the price band has not yet been declared.

Note: GMP typically surfaces once the company announces the official price band and subscription dates. Given its competition with listed peers like KRBL and LT Foods, the market will likely track the "Aeroplane" brand's valuation closely.

Amir Chand Jagdish Kumar (Exports) Ltd IPO Allotment Status

The allotment dates will be finalized once the issue period is announced.

Check Allotment Status To check your status online (once active), visit: [Check Allotment Status Here]

You can verify your status via:

  • Registrar's website (KFin Technologies Limited)

  • NSE/BSE official portals

  • Using your PAN number or Application ID


Strengths

  • Legacy Brand: The "Aeroplane" brand has over 40 years of market presence and high consumer recall in the premium rice segment.

  • Integrated Value Chain: Total control over the procurement-to-packaging process ensures consistent quality, which is critical for export markets.

  • Strategic Location: Processing units are located in the heart of the basmati-growing belts of Punjab and Haryana, reducing logistics costs.

  • Global Footprint: Strong established relationships with major international buyers, especially government supply entities in the Middle East.

Weakness

  • High Working Capital: The business requires massive cash flow to procure seasonal paddy and hold inventory for the mandatory 6–12 month aging process.

  • Export Sensitivity: Highly vulnerable to changes in government policies regarding Minimum Export Price (MEP) or export bans on rice.

  • Intense Competition: Faces stiff competition from large listed players (KRBL, LT Foods) and a vast unorganized sector.

  • Regulatory Risks: Some packaging units are located in non-conforming zones in Delhi, which may require relocation or lead to regulatory hurdles.

How the Company Will Use IPO Money

The fresh issue proceeds (₹550 Cr) will be primarily utilized for:

  • Working Capital: ₹500.00 crores (approx. 90% of the issue) will fund the procurement and aging of paddy.

  • General Corporate Purposes: The remaining funds will be used for general operational and growth initiatives.

Lead Manager & Registrar

  • Lead Managers: Emkay Global Financial Services Ltd and Keynote Financial Services Ltd.

  • Registrar: KFin Technologies Limited Phone: +91 40 6716 2222 Email: acjkel.ipo@kfintech.com

D
SEO Expert & Founder

DIPAK DANGODARA

I am a Digital Marketing professional with over 2+ years of experience, specializing in SEO and organic growth strategies. Over the years, I have worked with multiple businesses across different industries, helping them improve online visibility, traffic, and search rankings through data-driven and result-oriented SEO practices.

As the founder and owner of this website, I have launched my 2nd digital platform focused on the Indian stock market IPO segment. This platform provides detailed and reliable information on upcoming and ongoing IPOs in India, including IPO issue details, subscription status, live Grey Market Premium (GMP), and IPO allotment status, helping investors stay informed with accurate and timely IPO insights.