Amir Chand Jagdish Kumar IPO subscription status
The mainboard issue, which closed on Friday, was subscribed 3.41 times over the three-day bidding period. The company offered a total of 1.89 crore shares.
Here’s how you can check the status on BSE:
Step 1: Visit the BSE ‘Status Application Check’ page https://www.bseindia.com/investors/appli_check.aspx
Step 2: Select Issue Type: Equity/Debt
Step 3: Put PAN/Application No. and enter checkbox ‘I’m not a robot’.
Step 4: Submit ‘Search’Its stock is expected to get listed on April 2.
About Amir Chand Jagdish Kumar IPO
The company set the price band at Rs 201– 212 per for the IPO, which was entirely a fresh issue aggregating up to Rs 440 crores.
The company raised Rs 60 crore through three anchor investors.
The company is offering a discount of Rs 37 per share to its employees. It has reserved 50% of the issue for qualified institutional buyers (QIBs), up to 35% for retail investors and 15% for non-institutional investors (NIIs).
Amir Chand Jagdish Kumar IPO GMP
In the grey market, the company’s shares are commanding a premium of around 1.2%, or roughly Rs 3 above the issue price of Rs 212, suggesting a likely listing price near Rs 215.
Amir Chand Jagdish Kumar IPO net proceeds
The company will utilise Rs 400 crore towards funding working capital requirements.
About Amir Chand Jagdish Kumar
ACJKEL is a processor and exporter of basmati rice and other FMCG products in India. ACJKEL is one of the few Indian players with fully integrated operations with a presence across the basmati rice value chain, which includes procurement, storage, processing, marketing and sales. The company has registered a total of 100 trademarks, including 70 in India and 30 across 26 countries – primarily in Europe, Asia & Africa and 22 copyrights in India.
Company financials
The company’s revenue from operations in H1FY26 stood at Rs 1,021 crore while its profit after tax (PAT) stood at Rs 49 crore. For FY25, revenue stood at Rs 2,002 crore, compared to Rs 1,550 crore in FY24 and Rs 1,316 crore in FY23. The PAT stood at Rs 61 crore in FY25, Rs 30 crore in FY24 and Rs 17 crore in FY23.
Lead managers for Amir Chand Jagdish Kumar IPO
The Book Running Lead Managers (BRLMs) are Emkay Global Financial Services and Keynote Financial Services while the registrar to the issue is KFin Technologies.
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