- Issue price
- ₹212per share
- Issue size
- ₹440 Cr2,07,54,716 shares
- Face value
- ₹10per equity share
- Lot size
- 70 sharesMin. ₹14,840 at the upper price
- Anchor biddingMon, 2026
- OpensTue, 2026
- ClosesFri, 2026
- AllotmentMon, 2026
- ListingThu, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue
- Fresh issue
- 2,07,54,716 shares (₹440 Cr)
- Offer for sale
- None
- Total issue
- 2,07,54,716 shares (₹440 Cr)
- Face value
- ₹10
- Listing at
- NSE, BSE
Source: ProspectusUpdated
Reservation
Share of the total issue- Retail55.0%
- Anchor21.4%
- Big NII15.7%
- Small NII7.9%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 72,64,151 | 55.00% | 35% |
| Non-institutional investors (NII) | 31,13,208 | 23.57% | 15% |
| Small NII (₹2–10 lakh) | 10,37,736 | 7.86% | — |
| Big NII (above ₹10 lakh) | 20,75,472 | 15.71% | — |
| Qualified institutional buyers (QIB) | 1,03,77,357 | 78.57% | 50% |
| Anchor investors | 28,30,380 | 21.43% | — |
Source: ProspectusUpdated
Lot size
Amounts at ₹212 per share| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail individual investors | 1 | 70 | ₹14,840 |
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2024-25, pre-issue- EPS (basic)
- ₹7.46
- EPS (diluted)
- ₹7.46
- P/E (FY 2024-25 at Cap Price)
- 28.42×
- RoNW
- 17.61%
- NAV per share (As at September 30, 2025)
- ₹53.68
- NAV per share (At Issue Price)
- ₹85.62
- Debt to equity
- 2.07
Source: ProspectusUpdated
Financials
Consolidated, restated · ₹ crore| Period ended | 30 Sep 20256 months | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 | 31 Mar 2023FY 2022-23 |
|---|---|---|---|---|
| Revenue from operations | 1,021.25 | 2,001.65 | 1,549.52 | 1,315.85 |
| Total income | 1,024.30 | 2,004.03 | 1,551.42 | 1,317.86 |
| EBITDA | 105.76 | 163.65 | 109.66 | 79.69 |
| Profit after tax | 48.65 | 60.82 | 30.41 | 17.50 |
| Net worth | 440.89 | 379.18 | 311.48 | 280.84 |
| Reserves and surplus | 358.10 | 297.14 | 306.04 | 275.40 |
| Total assets | 1,526.42 | 1,549.03 | 1,283.53 | 1,089.06 |
| Total borrowing | 739.74 | 784.06 | 777.62 | 667.53 |
FY 2024-25 vs FY 2023-24: revenue +29.2%, profit after tax +100.0%. Periods shorter than 12 months are shown as reported and are not annualised.
Source: ProspectusUpdated
About the company
The company processes and exports basmati rice and sells FMCG staples such as atta, maida, besan and sugar under the AEROPLANE brand. It operates three processing and packaging units in Punjab, Haryana and Delhi and sells to domestic and export markets, with exports to over 38 countries.
- Incorporated
- 2003
- Industry
- Food Processing
- CIN
- U15312DL2003PLC121979
- Website
- aeroplanerice.com
Source: ProspectusUpdated
Promoters and shareholders
| Name | Before issue | After issue |
|---|---|---|
| Jagdish Kumar Suri | 89.50% | — |
| Rahul Suri | 8.31% | — |
| Ramnika Suri | 0.36% | — |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Funding working capital requirements | 400.00 |
| General corporate purposes | 11.11 |
Source: ProspectusUpdated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Amir Chand Jagdish Kumar (Exports) LimitedIssuer | ₹7.46 | 28.42× | 17.61% | ₹46.22 |
| LT Foods Limited | ₹17.43 | 22.03× | 16.81% | ₹21.38 |
| KRBL Limited | ₹20.8 | 14.57× | 9.43% | ₹27.2 |
| Chaman Lal Setia Exports Limited | ₹20.68 | 11.04× | 14.22% | ₹19.46 |
| GRM Overseas Limited | ₹10.21 | 14.81× | 16.09% | ₹15.18 |
| Sarveshwar Foods Limited | ₹0.28 | 10.41× | 9.68% | ₹0.93 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Four decades of promoter experience in basmati rice processing.
- Integrated operations covering procurement, storage, processing, marketing and sales.
- Distribution network of 431 distributors in India and 53 outside India.
- Exports to more than 38 countries, mainly in the Middle East.
- Portfolio of 100 registered trademarks and the AEROPLANE brand with many sub-brands.
Risks
- Packaging unit in Delhi is in a non-conforming industrial area, which may force relocation or disrupt operations.
- Over 97% of revenue comes from rice, and raw material cost and supply depend on weather, crop disease and farmer choices.
- Business is working-capital intensive, with high inventory days and heavy reliance on short-term borrowings.
- Total borrowings were about ₹7,397 million as at September 30, 2025, against a small equity base.
- Some historical corporate secretarial records could not be traced, which may lead to penalties.
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹212) appear here after the shares list on NSE and BSE.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the Amir Chand Jagdish Kumar (Exports) IPO open and close?
According to the Prospectus, the issue opens on Tuesday, 24 March 2026 and closes on Friday, 27 March 2026.
What is the Amir Chand Jagdish Kumar (Exports) IPO price band?
The final issue price is ₹212 per share.
What is the lot size of the Amir Chand Jagdish Kumar (Exports) IPO?
One lot is 70 shares, which is ₹14,840 at ₹212 per share.
Where will Amir Chand Jagdish Kumar (Exports) shares list?
On NSE and BSE. The tentative listing date is Thursday, 2 April 2026.
Who is the registrar of the issue?
KFin Technologies Limited (SEBI registration INR000000221). Allotment status is checked on the registrar's website.
How do I check the Amir Chand Jagdish Kumar (Exports) IPO allotment status?
The basis of allotment is expected to be finalised on Monday, 30 March 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (KFin Technologies Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹400 Cr for funding working capital requirements, ₹11.11 Cr for general corporate purposes.
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Spotted something wrong?
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