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