Amir Chand Jagdish Kumar (Exports) IPO
Bookbuilding IPO | ₹440.00 Cr | Listing at BSE, NSE
Closed
IPO Open
Tue, Mar 24, 2026
IPO Close
Fri, Mar 27, 2026
Price Band
₹201.00 to ₹212.00
Market Cap (Pre-IPO)
₹2,195.29 Cr
IPO Details
| IPO Date | Mar 24, 2026 to Mar 27, 2026 |
| Listing Date | Tentative: Apr 02, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹201.00 to ₹212.00 |
| Lot Size | 70 Shares (Minimum: ₹14,840.00) |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | ₹440.00 Crores |
| Total Shares Offered | 20,754,716 shares |
| Fresh Issue | 20,754,716 shares |
| Offer For Sale | 20,754,716 shares |
Amir Chand Jagdish Kumar (Exports) IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Amir Chand Jagdish Kumar (Exports) IPO Lot Size
Investors can bid for a minimum of 70 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | ₹14,840 |
| Retail (Max) | 13 | 910 | ₹192,920 |
| S-HNI (Min) | 14 | 980 | ₹207,760 |
| S-HNI (Max) | 67 | 4,690 | ₹994,280 |
| B-HNI (Min) | 68 | 4,760 | ₹1,009,120 |
Amir Chand Jagdish Kumar (Exports) Financial Information (Restated Consolidated)
| 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 |
| Reserves and Surplus | - | - | - | - |
| Total Borrowing | 739.74 | 784.06 | 777.62 | 667.53 |
Amount in ₹ Cr
Key Performance Indicators
As of Tuesday, March 31, 2026| KPI | Values |
|---|---|
| ROE (Return on Equity) | 17.61% |
| ROCE (Return on Capital Employed) | 14.36% |
| Debt/Equity | 2.07 |
| RoNW (Return on Net Worth) | 17.61% |
| PAT Margin (Profit After Tax Margin) | 3.04% |
| EBITDA Margin | 8.18% |
| Price to Book Value | 4.58 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 7.35 | 9.40 |
| P/E (x) | 28.86 | 22.56 |
| Promoter Holding | 99.44% | 78.78% |
Company Promoters
- Jagdish Kumar Suri
- Rahul Suri and Ramnika Suri are the company promoters.
Company Overview
Amir Chand Jagdish Kumar (Exports) – Company Overview
- Incorporated in 2003, the company is engaged in the processing and export of basmati rice and FMCG food products, with fully integrated operations across procurement, processing, storage, marketing, and sales.
Product Segments
- Rice Segment: Basmati rice and specialty varieties like kolam, sona masuri, idli rice, and ponni rice.
- FMCG Segment: Staple products such as aata, maida, sooji, besan, salt, and sugar marketed under the flagship brand “AEROPLANE” and 40+ sub-brands.
- The company has a strong brand portfolio with 100 trademarks (70 in India, 30 across 26 countries) and 22 copyrights in India.
- It exports to 38+ countries across Europe, Asia, Africa, and other regions, while FMCG products are mainly sold in the domestic market.
- The company operates two manufacturing units (Amritsar & Safidon) and one packaging unit in New Delhi.
- As of February 28, 2026, the company had 225 permanent employees and has shown strong domestic growth with ~24.93% CAGR (FY22–FY24).
Use of Proceeds
| 1) | Funding working capital requirements of the Company | 500.00 |
| 2) | General Corporate Purposes |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Amir Chand Jagdish Kumar (Exports) IPO Peer Comparison
Amir Chand Jagdish Kumar (Exports) peer comparison with similar listed entities. (As on March 31, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Amir Chand Jagdish Kumar (Exports) Limited | 7.46 | 7.46 | 46.29 | - | 17.61 | - | Consolidated |
| Lt Foods Limited | 17.43 | 17.43 | 21.38 | 21.67 | 16.81 | 17.95 | Consolidated |
| Krbl Limited | 20.80 | 20.80 | 27.20 | 15.04 | 9.43 | 11.56 | Consolidated |
| Chaman Lal Setia Exports Limited | 20.68 | 20.68 | 19.46 | 12.18 | 14.22 | 13.21 | Standalone |
| Grm Overseas Limited | 10.21 | 8.87 | 15.18 | 15.34 | 16.09 | 10.40 | Consolidated |
| Sarveshwar Foods Limited | 0.28 | 0.27 | 0.93 | 11.79 | 9.68 | - | Consolidated |
Quick Info
| Sector | Consumer Food / Agri-Food Processing |
| Exchange | BSE, NSE |
| Market Cap (Pre-IPO) | ₹2,195.29 Cr |
Important Dates
| IPO Open | Mar 24, 2026 |
| IPO Close | Mar 27, 2026 |
| Allotment Date | Mar 30, 2026 |
| Credit to Demat | Apr 01, 2026 |
| Listing Date | Tentative: Apr 02, 2026 |
Lead Manager(s)
Emkay Global Financial Services Ltd.
Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
Description
- IPO Type: Book build issue aggregating to ₹440.00 crores.
- Issue Structure: Entirely a fresh issue of 2.08 crore shares totaling ₹440.00 crores.
- IPO Dates: The issue opens on March 24, 2026 and closes on March 27, 2026.
- Allotment Date: Expected to be finalized on March 30, 2026.
- Listing Details: Shares are proposed to be listed on BSE Limited and National Stock Exchange of India with a tentative listing date of April 2, 2026.
- Retail Investment Requirement: Minimum 1 lot (70 shares) amounting to approximately ₹14,840 at the upper price band.
- sNII Investment Requirement: Minimum 14 lots (980 shares) totaling around ₹2,07,760.
- bNII Investment Requirement: Minimum 68 lots (4,760 shares) totaling around ₹10,09,120.
- IPO Price Band: ₹201 to ₹212 per equity share.
- Lot Size: 70 shares per lot.
This IPO offers investors an opportunity to participate in a mainboard public issue, subject to market risks.