The issue opened for bidding on 24 March 2026 and it will close on 27 March 2026. The price band of the IPO is fixed between Rs 201 and 212 per share. An investor can bid for a minimum of 70 equity shares and in multiples thereof.

The IPO consists entirely of a fresh issue of equity shares worth up to Rs 440 crore. The objectives for the fresh issue include Rs 400 crore for funding working capital requirements and the remaining amount for general corporate purposes.

The promoters are Jagdish Kumar Suri, Rahul Suri, and Ramnika Suri. The promoters and promoter group hold an aggregate of 8,15,80,500 equity shares, aggregating to 98.53% of the pre-offer issued and paid-up equity share capital. Their post-IPO shareholding is expected to be around 78.78%.

Amir Chand Jagdish Kumar (Exports) is a processor and exporter of basmati rice and other FMCG products, with fully integrated operations across the rice value chain, including procurement, processing, and distribution. The company’s portfolio is led by basmati rice, complemented by other rice varieties and staple FMCG products such as aata, maida, sooji, besan, salt, and sugar, marketed under its flagship “Aeroplane” brand and over 40 sub-brands. It has a strong domestic and international presence, exporting to over 38 countries, supported by a wide distribution network of more than 400 distributors in India and overseas. The rice segment contributes the majority of revenue, with a dominant share in overall sales, while the company continues to focus on expanding its distribution reach, strengthening brand presence, and scaling operations.

Ahead of the IPO of Amir Chand Jagdish Kumar (Exports) on 23 March 2026, the company raised Rs 60 crore from anchor investors by allotting 28.30 lakh shares at Rs 212 each to 3 anchor investors.

For the six months ended 30 September 2025, the firm recorded a consolidated net profit of Rs 48.65 crore and sales of Rs 1,021.25 crore.