Amir Chand Jagdish Kumar IPO Lists at ₹200 After 3.05x Subscription
By HDFC SKY | Published at: Apr 2, 2026 03:50 PM IST
Amir Chand Jagdish Kumar IPO lists at ₹200 on BSE, NSE after 3.05x subscription
Mumbai, April 2: Amir Chand Jagdish Kumar (Exports) Limited made its market debut on Thursday, listing on the BSE and NSE at ₹200 per share, below its issue price of ₹212.
The ₹440 crore IPO, open between March 24 and March 27, 2026, had closed with robust overall participation. Yet, the listing suggests that enthusiasm was not uniform across investor classes.
Amir Chand Jagdish Kumar IPO Subscription Status
The issue was subscribed 3.05 times as of March 27, 2026.
Category-wise Amir Chand Jagdish Kumar IPO Subscription Status
| Category | Subscription (times) |
| QIB | 1.11x |
| NII (HNI) | 13.35x |
| Retail | 1.41x |
| Total | 3.05x |
Non-institutional investors drove the subscription, with demand in the HNI segment rising sharply. Retail participation was steady, crossing full subscription. Institutional interest, however, remained relatively measured.
Amir Chand Jagdish Kumar Day’s Wise Subscription Summary
| Day | Total Subscription |
| Day 1 | Measured start |
| Day 2 | Noticeable build-up |
| Day 3 | 3.05x |
The final day saw a clear surge, largely led by high-net-worth bids.
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
The IPO was entirely a fresh issue aggregating ₹440 crore. The price band was set between ₹201 and ₹212 per share, with the final price fixed at ₹212. The lot size was 70 shares.
Amir Chand Jagdish Kumar (Exports) operates in the agro-processing and export segment, primarily dealing in basmati rice under established brands.
Despite a subscription of over three times, the stock listed at ₹200, indicating that while demand was strong on paper, listing-day sentiment remained more balanced.
Source:
- https://www.nseindia.com/get-quote/equity/AMIRCHAND/Amir-Chand-Jagdish-Kumar-(Exports)-Limited
- https://www.nseindia.com/market-data/all-upcoming-issues-ipo
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