Amir Chand Jagdish Kumar IPO Day 1 Subscription Status at 0.48x

Authored By HDFC SKY | Published at: Mar 24, 2026 03:08 PM IST

Amir Chand Jagdish Kumar IPO subscribed 0.48x on Day 1 so far, with strong NII demand offsetting muted retail participation.

Amir Chand Jagdish Kumar IPO Subscription Day 1 at 0.48x

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Mumbai, March 24: Amir Chand Jagdish Kumar (Exports) IPO, aggregating ₹440.00 crore, opened for subscription today and will close on March 27, 2026. The issue is entirely a fresh issue of 2.08 crore shares.

The price band has been set at ₹201 to ₹212 per share, with investors required to bid in lots of 70 shares.

Amir Chand Jagdish Kumar IPO Day 1 Subscription Status

As of 12:39 PM on March 24, 2026, the IPO was subscribed 0.48 times, with demand largely driven by non-institutional investors.

Category-wise Amir Chand Jagdish Kumar IPO Subscription Status

Category	Subscription (times)
QIB (Ex Anchor)	0.18
NII (HNI)	1.93
Retail	0.15
Total	0.48

Amir Chand Jagdish Kumar Day’s Wise Subscription Summary

Date	QIB (Ex Anchor)	NII	Retail	Total
March 24 (Day 1)	0.18	1.93	0.15	0.48

Amir Chand Jagdish Kumar IPO Timeline

Event	Date
Issue Open Date	March 24 2026
Issue Close Date	March 27 2026
Basis of Allotment	March 30 2026
Initiation of Refunds	April 1 2026
Credit of Shares	April 1 2026
Listing Date	April 2 2026

Brief Overview Of The IPO

Amir Chand Jagdish Kumar (Exports) IPO is a book-built issue of ₹440.00 crore, comprising entirely a fresh issue of 2.08 crore shares.

The price band is fixed at ₹201 to ₹212 per share. Retail investors can participate with a minimum application of 70 shares, amounting to ₹14,840 at the upper band.

For non-institutional investors, the minimum bid starts at 14 lots or 980 shares for sNII, while bNII participation requires at least 68 lots or 4,760 shares.

The company operates in the branded basmati rice segment, marketing products under established labels in domestic and export markets.

Source: https://www.nseindia.com/market-data/issue-information?symbol=AMIRCHAND&series=EQ&type=Active

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Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations.
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