Amir Chand Jagdish Kumar Exports IPO
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Amir Chand Jagdish Kumar Exports IPO details
Schedule of Amir Chand Jagdish Kumar Exports
| Issue open date | 24 Mar 2026 |
| Issue close date | 27 Mar 2026 |
| UPI mandate deadline | 27 Mar 2026 (5 PM) |
| Allotment finalization | 30 Mar 2026 |
| Refund initiation | 01 Apr 2026 |
| Share credit | 01 Apr 2026 |
| Listing date | 02 Apr 2026 |
| Mandate end date | 12 Apr 2026 |
| Lock-in end date for anchor investors (50%) | 29 Apr 2026 |
| Lock-in end date for anchor investors (remaining) | 28 Jun 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Amir Chand Jagdish Kumar Exports
Amir Chand Jagdish Kumar (Exports) Limited is engaged in the processing, marketing, and export of rice, primarily basmati rice. The company sells its products in both domestic and international markets through a network of distributors and customers. Its rice portfolio includes basmati rice and other speciality rice varieties such as brown rice, kolam rice, sona masuri, idli rice, and ponni rice, which are marketed under several in-house brands, including the flagship “Aeroplane” brand and other sub-brands. In addition to rice, the company has expanded into FMCG products, offering kitchen staples such as wheat flour (atta), refined wheat flour (maida), gram flour (besan), semolina (sooji), salt, sugar, and similar food items. The company processes rice at its facilities in Punjab and Haryana and packages products in Delhi. It exports its products to multiple international markets, including countries in the Middle East, while also selling through distributors across India.
Financials of Amir Chand Jagdish Kumar Exports
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 440 |
| Fresh Issue – Proceeds go to the company | 440 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Funding working capital requirements of the Company | 400 (90.91%) |
| General corporate purposes | 40 (9.09%) |
Strengths
- Established basmati rice processor and exporter with sales across domestic and international markets.
- Strong brand portfolio led by the flagship “Aeroplane” brand, along with multiple sub-brands.
- Wide distribution network with 400+ distributors in India and 50+ overseas distributors.
- Diversified product portfolio including basmati rice varieties and FMCG staples like atta, maida, and besan.
- Integrated processing infrastructure with significant installed rice processing capacity.
Risks
- A significant portion of revenue comes from a limited number of customers and distributors.
- The business is working-capital-intensive due to the large seasonal procurement of paddy.
- Dependence on procurement agents for sourcing raw materials without long-term contracts.
- Reliance on distributors without long-term agreements may affect sales stability.
- Exposure to potential product liability claims, as the company does not carry product liability insurance.