Amir Chand Jagdish Kumar IPO 

Amir Chand Jagdish Kumar (Exports) Ltd. has received SEBI’s approval for its Initial Public Offer (IPO) on October 8, 2025. Following this clearance, the company is expected to move ahead with the IPO launch, subject to market conditions and other necessary approvals. The SEBI approval remains valid for 12 months.

The IPO will be a Book-Build Issue of Rs. 550 crore, comprising entirely a fresh issue with no Offer for Sale (OFS) component. The company plans to list its equity shares on both NSE and BSE.

The Book Running Lead Manager is yet to be announced, while Kfin Technologies Ltd. will act as the Registrar to the Issue. IPO price band, lot size, and subscription dates will be declared in due course.

🕗 Last Update: 14 October 2025, 6.00 AM

IPO Key Dates

Anchor Investor on  
IPO opens on  2025
IPO Closes on  2025
Allotment on  2025
Credit of shares on  2025
Tentative Listing on  2025

 

 Subscription updates

The promoters  
Jagdish Kumar Suri, Rahul Suri and Ramnika Suri are the company promoters..

The promoters hold 99.44 % shares in the pre-IPO capital of the company.

 

Objects of  IPO

Objects of the Issue ₹ in crores
Funding working capital requirements of the Company 500
General Corporate Purposes  

 

 

.

Business :

Incorporated in 2003, Amir Chand Jagdish Kumar (Exports) Ltd. is a leading processor and exporter of basmati rice and FMCG products with fully integrated operations — from procurement to global marketing.

Its product range spans two key categories — Rice (basmati and specialty varieties like Kolam, Sona Masuri, Idli, and Ponni rice) and FMCG (aata, maida, sooji, besan, salt, and sugar). Products are marketed under the popular “AEROPLANE” brand, supported by over 40 sub-brands such as Aeroplane La-Taste, Aeroplane Classic, Ali Baba, World Cup, and Jet.

The company owns 100 trademarks (70 in India and 30 across 26 countries) and 22 copyrights. It exports to 37+ countries across four continents and operates two processing units in Amritsar and Safidon, plus a packaging facility in New Delhi.

Revenue from domestic operations grew at a CAGR of 24.93% from FY2022 to FY2024, backed by a workforce of 225 employees as of May 2025.

IPO Details

Opens On  2025
Closes on  2025
Face Value Rs.10
Issue Price Band Rs.?
Lot Size  Shares
Sale Type Fresh & OFS
Total Issue Size  shares
Total Issue Size Rs. 550 Cr
Employee Discount Rs. 0
Shareholder Discount Rs. 0
Listing At BSE, NSE

How are the shares offered?

Investor Category Shares Offered
QIB Shares Offered Not less than 50% of the Net Offer
Retail Shares Offered Not more than 15% of the Net Offer
NII Shares Offered Not more than 35% of the Net Offer

How Shares can be applid?

Application Lots Shares Amount
Retail (Min)      
Retail (Max)      
S-HNI (Min)      
S-HNI (Max)      
B-HNI (Min)      

How to check Allotment Status

Allotment of this IPO will be announced on ? 2025 and the link to check allotment is given below:
https://ipostatus.kfintech.com/

Registered Office of the company
Amir Chand Jagdish Kumar (Exports) Ltd.
2735, Shop No. 9,
Mohan Lal Palace,
Naya Bazar
New Delhi, New Delhi, 110006

Email: info@aeroplanerice.com
The Lead Managers
Emkay Global Financial Services Ltd.  
Keynote Financial Services Ltd
Registrar to IPO
Kfin Technologies ltd

Financial Snapshot

Period Ended 31-Dec-24 31-Mar-24 31-Mar-23 31-Mar-22
Assets 1,575.93 1,283.53 1,089.06 1,131.96
Total Income 1,423.28 1,551.42 1,317.86 1,230.29
Profit After Tax 48.78 30.41 17.5 17.16
EBITDA 123.58 109.66 79.69 68.06
Net Worth 367.3 311.48 280.84 263.34
Total Borrowing 818.7 777.62 667.53 724.63
Amount in ₹ Crore

 

 

Key Performance Indicators

KPI Values
ROE 10.27%
ROCE 10.41%
Debt/Equity 2.5
RoNW 10.27%
PAT Margin 1.96%
EBITDA Margin 7.08%

Peer Comparison

IPO Concise Review by Paresh Gordhandas, CA & Research Analyst

Chanakya has strong following because of its IPO reviews. We shall update our review for this IPO, once the price band and latest results are available.

 

Amir Chand Jagdish Kumar (Exports) IPO dates

Amir Chand Jagdish Kumar (Exports) IPO price & Lot

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