Amir Chand Jagdish Kumar Share Price Listing: Shares of Amir Chand Jagdish Kumar (Exports) Ltd closed the debut session (Thursday, April 2) deep in the red. Amir Chand Jagdish Kumar share price closed with a loss of 10 per cent at Rs 180. On the BSE, Amir Chand Jagdish Kumar shares fell 17 per cent to end at 175.50.
Amir Chand Jagdish Kumar (Exports) commanded a market capitalisation of Rs 1,817.33 crore at the close, according to BSE data.
Amir Chand Jagdish Kumar (Exports) is a basmati rice exporter.
Amir Chand Jagdish Kumar Share Price Listing
Earlier at 10 AM, Amir Chand Jagdish Kumar shares were listed with a discount of 8 per cent against the issue price of Rs 212. The stock began trading at Rs 195, a decline of 8.02 per cent on the BSE. On the NSE, it started trading at Rs 200, a drop of 5.66 per cent.
Amir Chand Jagdish Kumar Share Price: IPO Details
Amir Chand Jagdish Kumar's Rs 440 crore IPO had received 3.23 times subscription on the final day of the offering on March 27. The company had fixed a price range of Rs 201-212 per share.
The Haryana-based company's IPO has a fresh issue of equity shares, with no Offer For Sale (OFS) component.
The company, which is known for its "Aeroplane" basmati rice brand, plans to utilise the net proceeds from the issue to fund its working capital requirements and for general corporate purposes.
The offer size has been reduced to Rs 440 crore, compared with the Rs 550 crore issue size proposed in the Draft Red Herring Prospectus (DRHP) filed in June 2025.
Amir Chand Jagdish Kumar (Exports) Ltd is a processor and exporter of basmati rice in India. The company markets its products under the flagship brand "Aeroplane".
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It competes with the likes of other large basmati rice companies, including KRBL Ltd, LT Foods, and Sarveshwar Foods, and various other unorganised processors. Apart from its core basmati rice business, the company has diversified into FMCG products, offering staples and other essential kitchen items.
