Amir Chand Jagdish Kumar (Exports) IPO

IPO Details		RHP:
Bidding Date Mar 24, 2026	IPO Price Range ₹201 to ₹212 per share	IPO Size ₹440 Cr
Listing Exchange BSE, NSE	Listing Date Apr 2, 2026	Lot Size 70 Shares

Minimum Investment
₹14840/70shares

Amir Chand Jagdish Kumar (Exports) IPO Timeline

Open DateMar 24, 2026

Close DateMar 27, 2026

Allotment FinalisationMar 30, 2026

Demat TransferApr 1, 2026

Refund InitiationApr 1, 2026

ListingApr 2, 2026

About Amir Chand Jagdish Kumar (Exports) IPO

Amir Chand Jagdish Kumar (Exports) Limited is engaged in the processing, marketing, and export of basmati rice and related food products. The company operates an integrated business model covering procurement of paddy, milling, processing, storage, packaging, branding, and distribution. The company markets its products under its flagship brand “Aeroplane” along with multiple sub-brands and has a presence in both domestic and international markets. It exports its products to over 37 countries, with a significant share of revenue derived from overseas markets. In addition to rice, the company has diversified into FMCG products such as wheat flour, semolina, gram flour, sugar, and salt, which are primarily sold in the domestic market. The company operates manufacturing and processing facilities in Punjab and Haryana, along with a packaging unit in New Delhi, supported by a network of procurement agents and distribution partners.

Amir Chand Jagdish Kumar (Exports) IPO Subscription Status

Date	QIB	NII	Retail	Total
TBA	0	0	0	0
TBA	0	0	0	0

Amir Chand Jagdish Kumar (Exports) IPO Financial Status

Particulars (in Rs. Crores)	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
Total Borrowing	739.74	784.06	777.62	667.53

Amir Chand Jagdish Kumar (Exports) IPO SWOT Analysis

Strengths

Integrated Operations: The company has presence across the entire paddy value chain from procurement to distribution, supporting quality control and operational efficiency.
Established Brand Portfolio: Products marketed under “Aeroplane” brand and multiple sub-brands with presence in domestic and export markets.
Strong Procurement Network: Sourcing supported by a wide network of agents in key basmati-growing regions.
Global Market Presence: Exports to multiple countries, particularly in the Middle East and other international markets.
Diversified Product Offering: Expansion into FMCG staples alongside core basmati rice business.

Weaknesses

Dependence on Basmati Rice: Majority of revenue is derived from rice products, exposing the company to commodity-specific risks.
Raw Material Price & Supply Risk: Availability and pricing of basmati paddy are subject to seasonality and agricultural conditions.
Working Capital Intensive Operations: Ageing of rice and inventory holding leads to higher working capital requirements.
Export Concentration Risk: Significant reliance on export markets exposes the business to geopolitical and policy changes.
Competitive Industry: Operates in a competitive market with multiple organized and unorganized players.