The aroma of Basmati rice has now reached the stock market.
The IPO of Amir Chand Jagdish Kumar Exports Ltd.
has opened today, giving investors a new opportunity.
The company is known for exporting Basmati rice under its popular Aeroplane brand.
If you are planning to invest, here’s everything you need to know in simple terms.
IPO Details: Price, Dates and Investment
The company aims to raise ₹440 crore through this IPO.
The price band has been fixed between ₹201 and ₹212 per share.
Investors can apply from today, and the last date to bid is March 27.
Retail investors need to apply for at least one lot of 70 shares.
This means a minimum investment of ₹14,840.
If you want to invest more, you can apply in multiples of 70 shares.
Under this IPO, over 2.07 crore new shares are being issued.
Who Gets How Much Share?
The IPO is divided into different categories:
50% reserved for Qualified Institutional Buyers (QIBs)
35% reserved for retail investors
15% reserved for Non-Institutional Investors (NIIs)
The issue is being managed by Emkay Global Financial Services Limited, while KFin Technologies Limited is handling the registration process.
Company’s Financial Growth Looks Strong
As per the DRHP filed with Securities and Exchange Board of India (SEBI), the company has shown strong growth in profits.
2022–23: ₹17.50 crore profit
2023–24: ₹30.41 crore profit
2024–25: ₹60.82 crore profit
In just the first half of the current financial year (April–September 2025), the company has already earned ₹48.65 crore profit.
This steady growth may attract investor interest.
GMP: What Does It Indicate?
In the grey market, the IPO is currently trading at a premium of around ₹7.
This suggests a possible listing gain of about 3.30% over the upper price band.
However, GMP is unofficial and can change anytime.
Final Take
The IPO of Amir Chand Jagdish Kumar Exports Ltd.
looks interesting due to its strong financial growth and well-known brand.
However, like any investment, it is important to evaluate risks and market conditions before applying.
