Amir Chand Jagdish Kumar IPO
Open MainLineCurrent GMP
₹3 (+1.42%)
Price Band
₹ 201 – 212
Lot Size
70
Issue Size
₹440 Cr
Minimum Investment
₹14840 (70 Shares)
Listing Date
02 April 2026
Subscription
3.23x
About the Company
Incorporated in 2003, Amir Chand Jagdish Kumar (Exports) Limited is an Indian company engaged in the processing and export of basmati rice and other FMCG products. The company operates a fully integrated business model across the basmati rice value chain, which includes procurement, storage, processing, marketing, and distribution.
Product Segments
The company’s product portfolio is divided into two primary segments:
- Rice Segment
This segment includes basmati rice as well as other specialty rice varieties such as:- Kolam rice
- Sona Masuri rice
- Idli rice
- Ponni rice
- FMCG Segment
The FMCG portfolio includes staple food products such as:- Aata (wheat flour)
- Maida
- Sooji (semolina)
- Besan (gram flour)
- Salt
- Sugar
These products are primarily marketed under the company’s flagship registered trademark “Aeroplane”, along with over 40 sub-brands, including:
- Aeroplane La-Taste
- Aeroplane Classic
- Ali Baba
- World Cup
- Jet
Intellectual Property
As of March 12, 2026, the company has:
- 100 registered trademarks
- 70 in India
- 30 across 26 countries, mainly in Europe, Asia, and Africa
- 22 copyrights registered in India
Market Presence
- Rice products are sold in both domestic and international markets.
- FMCG products are primarily distributed within India.
The company’s domestic revenue grew at a CAGR of approximately 24.93% between Fiscal 2022 and Fiscal 2024, reflecting strong growth in its domestic operations.
Global Reach
As of February 28, 2026, the company exported its products to more than 38 countries across four continents, demonstrating a significant international presence.
Manufacturing Facilities
The company operates two manufacturing and processing units and one packaging facility in India:
- Unit I: Amritsar, Punjab
- Unit II: Safidon, Haryana
- Unit III (Packaging Facility): New Delhi
Workforce
As of February 28, 2026, the company had 225 permanent employees supporting its operations.
Promoters
- Jagdish Kumar Suri
- Rahul Suri
- Ramnika Suri
Promoters Holding
Holding Pre Issue
99.44%
Holding Post Issue
78.78%
Objects of the Issue
The Company Amir Chand Jagdish Kumar IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding working capital requirement of our Company
- General corporate purposes
Address / Contact Info
Amir Chand Jagdish Kumar (Exports) Ltd.
2735, Shop No. 9,
Mohan Lal Palace,Naya Bazar
New Delhi, New Delhi, 110006
Phone: +91 8595912447
Email: info@aeroplanerice.com
Website: http://www.aeroplanerice.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 24 March 2026
IPO Close Date
Friday, 27 March 2026
Basis of Allotment
Monday, 30 March 2026
Initiation of Refunds
Wednesday, 01 April 2026
Credit of Shares to Demat
Wednesday, 01 April 2026
Listing Date
Thursday, 02 April 2026 — NSE & BSE
Important Dates
Open Date
24 March 2026
Close Date
27 March 2026
Basis Of Allotment
30 March 2026
Listing Date
02 April 2026
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 1526.42 | 1549.03 | 1283.53 | 1089.06 |
| Revenue | 1024.3 | 2004.03 | 1551.42 | 1317.86 |
| Profit After Tax | 48.65 | 60.82 | 30.41 | 17.5 |
| Net Worth | 440.89 | 379.18 | 311.48 | 280.84 |
| Reserve & Surplus | 0 | 0 | 0 | 0 |
| Total Borrowings | 739.74 | 784.06 | 777.62 | 667.53 |
EPS Pre
7.35%
EPS Post
9.40%
P/E Pre
28.86
P/E (Post Issue)
22.56x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 11.87 | 17.61 | 10.27 | 6.43 |
| ROCE % | 9.16 | 14.36 | 10.41 | 7.82 |
| Debt / Equity | 1.68 | 2.07 | 2.5 | 2.38 |
| RoNW % | 11.87 | 17.61 | 10.27 | 6.43 |
| PbW | 0 | 0 | 0 | 0 |
| Pat Margin % | 4.76 | 3.04 | 1.96 | 1.33 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 7959995 | 42.1 | 0 |
| Non-Institutional | 3283583 | 17.37 | 0 |
| BNII | 2189056 | 11.58 | 0 |
| SNII | 1094527 | 5.79 | 0 |
| Retail Investors | 7661692 | 40.53 | 0 |
| Total | 18905270 | 100 | 0 |
Subscription Status ( Fri, 27 Mar 26 01:50 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 7959995 | 8868090 | 1.11x |
| Non-Institutional | 3283583 | 41720280 | 12.71x |
| BNII | 2189056 | 33288850 | 15.21x |
| SNII | 1094527 | 8431430 | 7.7x |
| Retail Investors | 7661692 | 10452190 | 1.36x |
| Total | 18905270 | 61040560 | 3.23x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Amir Chand Jagdish Kumar (Exports) Ltd | 10 | 0.00 | 7.46 | 7.46 | 17.61 | 46.29 |
| LT Foods Limited | 1 | 21.67 | 17.43 | 17.43 | 16.81 | 21.38 |
| KRBL Limited | 1 | 15.04 | 20.80 | 20.80 | 9.43 | 27.20 |
| Chaman Lal Setia Exports Ltd | 2 | 12.18 | 20.68 | 20.68 | 14.22 | 19.46 |
| GRM Overseas Ltd | 2 | 15.34 | 10.21 | 8.87 | 16.09 | 15.18 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 70 | 14,840.00 |
| Retail (Max) | 13 | 910 | 192,920.00 |
| S-HNI (Min) | 14 | 980 | 207,760.00 |
| S-HNI (Max) | 67 | 4,690 | 994,280.00 |
| B-HNI (Min) | 68 | 4,760 | 1,009,120.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- Emkay Global Financial Services Ltd
- Keynote Financial Services Ltd
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Amir Chand Jagdish Kumar IPO is a Book-building IPO worth ₹440 crores. The price band is ₹201 to 212 per share. The IPO opens on Tue, Mar 24, 2026 and closes on Fri, Mar 27, 2026. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The Amir Chand Jagdish Kumar IPO opens on Tue, Mar 24, 2026 and closes on Fri, Mar 27, 2026
Amir Chand Jagdish Kumar IPO Price Band is ₹201 to 212.
Amir Chand Jagdish Kumar IPO lot size is 70, and the minimum amount required for application is ₹14840.
The minimum investment for Amir Chand Jagdish Kumar IPO is approximately ₹14840 based on the upper price band.
To apply for the Amir Chand Jagdish Kumar IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Mar 27, 2026. After submission, funds are blocked until the basis of allotment of Amir Chand Jagdish Kumar IPO is finalised.
Amir Chand Jagdish Kumar IPO issue size is ₹440 crores.
Amir Chand Jagdish Kumar IPO allotment date is Sat, Jun 27, 2026.
The registrar for Amir Chand Jagdish Kumar IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Amir Chand Jagdish Kumar IPO through their official website or helpline.
The Amir Chand Jagdish Kumar IPO GMP (Grey Market Premium) is ₹3 as of Thu, Apr 2, 2026. Based on the upper price band of ₹212 per share, the estimated Amir Chand Jagdish Kumar IPO listing price is ₹215, indicating a potential listing gain of approximately 31% over the issue price.