Amir Chand Jagdish Kumar IPO
Amir Chand Jagdish Kumar (Exports) Limited
Minimum Investment
About Company
Company Name: Amir Chand Jagdish Kumar (Exports) Limited
Industry / Sector: Agro Processing / Basmati Rice & FMCG (Staple Foods)
Founded Year: 2003
Promoters: Jagdish Kumar Suri, Rahul Suri, Ramnika Suri
Amir Chand Jagdish Kumar (Exports) Limited is a processor and exporter of basmati rice and other FMCG products. It operates a fully integrated value chain including procurement, storage, processing, marketing, and sales. The company markets products under the flagship brand 'AEROPLANE' and over 40 sub-brands. It has two manufacturing facilities in Punjab and Haryana and one packaging unit in New Delhi. It exports to over 38 countries and focuses on quality basmati and non-basmati rice along with staple FMCG items like aata, maida, sooji, besan, salt, and sugar.
IPO Basic Details
| Company Name | Amir Chand Jagdish Kumar (Exports) Limited |
| IPO Type | Mainboard IPO |
| Price Band | ₹201 – ₹212 |
| Lot Size | 70 |
| Total Issue Size | ₹440 Cr (2,07,54,716 shares) |
IPO Strengths & Risks
Strengths
- Fully integrated operations across value chain
- Strong brand 'Aeroplane' with wide sub-brands
- Export presence in 38+ countries
- Modern manufacturing facilities
- High domestic revenue growth
Risks
- Commodity price volatility (rice)
- Intense competition in rice export & FMCG
- Export regulatory & geopolitical risks
- Working capital intensive
IPO Important Dates
| IPO Open Date | 24 Mar 2026 |
| IPO Close Date | 27 Mar 2026 |
| Basis of Allotment | 30 Mar 2026 |
| Refund Initiation | 01 Apr 2026 |
| Demat Credit Date | 01 Apr 2026 |
| Listing Date | 02 Apr 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Remaining amount
Investor Reservation
| QIB Quota | 50% (incl. Anchor) |
| Retail Quota | 35% |
| HNI Quota | 15% |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 lot | 70 | ₹14,840 |
| Retail Maximum | 13 lots | 910 | ₹1,92,920 |
| S-HNI Minimum | 14 lots | 980 | ₹2,07,760 |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | 67 lots | 4690 | ₹9,94,280 |
Key Performance Indicators (KPI)
| ROE | 17.61% (Mar 31, 2025) / 11.87% (Sep 30, 2025) |
| ROCE | 14.36% (Mar 31, 2025) / 9.16% (Sep 30, 2025) |
| RoNW | - |
| PAT Margin | 3.04% (Mar 31, 2025) / 4.76% (Sep 30, 2025) |
| EBITDA Margin | 8.18% (Mar 31, 2025) / 10.36% (Sep 30, 2025) |
| EPS | ₹7.35 (pre-IPO) |
| NAV per share | - |
| Debt to Equity | 2.07 (Mar 31, 2025) / 1.68 (Sep 30, 2025) |
| P/E Ratio | 28.86x (pre-IPO) / 22.56x (post-IPO) |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| 31 Mar 2023 | ₹1,089.06 Cr | ₹1,317.86 Cr | ₹17.50 Cr | ₹79.69 Cr | ₹280.84 Cr | ₹667.53 Cr |
| 31 Mar 2024 | ₹1,283.53 Cr | ₹1,551.42 Cr | ₹30.41 Cr | ₹109.66 Cr | ₹311.48 Cr | ₹777.62 Cr |
| 31 Mar 2025 | ₹1,549.03 Cr | ₹2,004.03 Cr | ₹60.82 Cr | ₹163.65 Cr | ₹379.18 Cr | ₹784.06 Cr |
| 30 Sep 2025 | ₹1,526.42 Cr | ₹1,024.30 Cr | ₹48.65 Cr | ₹105.76 Cr | ₹440.89 Cr | ₹739.74 Cr |
Grey Market Premium
| GMP Price | ₹7 (as per recent reports) |
| Kostak Rate | N/A |
| Subject to Sauda | N/A |
| Last Updated | Mar 2026 |
| Estimated Listing Price | ₹219 – ₹226 |
IPO Subscription Data
| Total Subscription | 3.41x (as of 27 Mar 2026, Day 3, 6:54:40 PM) |
| QIB (Ex Anchor) | 1.18x |
| HNI Subscription | 13.40x |
| Retail Subscription | 1.44x |
| Anchor | 1.00x (fully subscribed, ₹60.004 Cr) |
IPO Intermediaries
Registrar: Kfin Technologies Ltd.
Registrar Website: https://ipostatus.kfintech.com
IPO Lead Manager(s)
Company Information
Address: 2735, Shop No. 9, Mohan Lal Palace, Naya Bazar, New Delhi, Delhi 110006
Website: https://www.aeroplanerice.com
Email: info@aeroplanerice.com
Phone: +91 8595912447
IPO Documents
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