| Price | 201 to 212 |
|---|---|
| GMP Rumors | â‚ą8 |
| Lot size | 70 |
| Issue size | â‚ą440 Cr |
| Allotment | 30-03-2026 |
| Listing | 02-04-2026 |
| Suggestion | Avoid |
| Allotment Status | Kfintech |
| Video |
BSE List Price : â‚ą
NSE List Price : â‚ą
| Category | Times |
|---|---|
| QIBs | 0.82x |
| HNIs | 5.53x |
| Retail | 0.6x |
| Total : 1.55x | |
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 70 | â‚ą14,840 |
| Retail Maximum | 13 | 910 | â‚ą192,920 |
| S-HNI Minimum | 14 | 980 | â‚ą207,760 |
| S-HNI Maximum | 67 | 4,690 | â‚ą994,280 |
| B-HNI Minimum | 68 | 4,760 | â‚ą1,009,120 |
Established in 2003, Amir Chand Jagdish Kumar has grown into a prominent processor and exporter of basmati rice along with FMCG products in India. The company handles the complete value chain of basmati rice, including procurement, storage, processing, marketing, and distribution. Its operations are divided into two main segments:
Rice Segment – covering products such as basmati rice, kolam rice, sona masuri, idli rice, and ponni rice.
FMCG Segment – comprising packaged food items like aata, maida, sooji, besan, salt, and sugar.
According to the draft documents, Amir Chand Jagdish Kumar (Exports) Limited owns a total of 100 trademarks, of which 70 are registered in India and 30 across 26 international markets spanning Europe, Asia, and Africa. The company markets its rice products both in domestic and global markets, whereas its FMCG products are sold within India. Currently, its products are exported to over 37 countries. The company operates two units, with Unit I situated in Amritsar, Punjab, and Unit II located in Safidon.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | â‚ą1317.86 | â‚ą1294.62 | â‚ą17.50 | â‚ą1089.06 |
| 2024 | â‚ą1551.42 | â‚ą1512.10 | â‚ą30.41 | â‚ą1283.53 |
| 2025 | â‚ą2004.03 | â‚ą1923.80 | â‚ą60.82 | â‚ą1549.03 |
| Sep 2025 | â‚ą1024.30 | â‚ą961.27 | â‚ą48.65 | â‚ą1526.42 |
Jagdish Kumar Suri
Rahul Suri
Ramnika Suri
Strong Brand Presence in Basmati Rice: The Company has established a robust market reputation through its flagship brand “Aeroplane,” introduced more than 40 years ago. Backed by a portfolio of over 40 sub-brands tailored to different customer segments, it enjoys a strong and recognizable standing in India’s organized basmati rice market.
Wide Pan-India Distribution Network: The Company operates an extensive sales and distribution network across the country, largely driven by its B2C business model. Its products are made available through general trade, modern retail, and e-commerce platforms, supported by a well-established distributor network that enables broad market reach.
Working Capital Intensive Operations: The Company purchases significant volumes of basmati paddy during the peak harvest period (September–January), which demands considerable working capital. Any constraints in cash flow or difficulty in obtaining adequate financing could negatively affect its operations.
Reliance on Procurement Agents: The Company depends on licensed agents to source quality paddy and does not maintain long-term agreements with them. Any inability to obtain the required quantity or desired quality on favourable terms could disrupt its operations.
Funding working capital requirements of the Company.
General Corporate Purpose.
Amir Chand Jagdish Kumar (Exports) Ltd.
2735, Shop No. 9,
Mohan Lal Palace,
Naya Bazar
New Delhi, New Delhi, 110006
Phone: +91 8595912447
Email: info@aeroplanerice.com
Website: https://www.aeroplanerice.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: acjkel.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Avoid