2 months ago
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Rice exporter and FMCG steadfast Amir Chand Jagdish Kumar (Exports) Ltd, has announced to unfastened its Initial Public Issue (IPO) connected March 24, 2026 to rise astir Rs 440 crore done caller contented of shares.
Price set has been fixed astatine ₹201 to ₹212 per equity stock of look worth of ₹10 each.
The institution proposes to utilise nett proceeds from caller contented of equity shares towards its moving superior requirements and wide firm purposes.
Bids tin beryllium made for a minimum of 70 equity shares of look worth of ₹10 each and successful multiples of 70 equity shares of look worth of ₹10 each thereafter.
The IPO volition adjacent connected Friday, March 27, 2026. The Anchor Investor bidding is scheduled connected March 23, 2026.
The institution runs 3 mills successful India, and presently operates astatine 50% of the capacity.
The institution is simply a processor and exporter of basmati atom and different FMCG products successful India and has the manufacturing facilties.
It has beingness crossed the basmati atom worth chain, with operations that see procurement, storage, processing, selling and sales.
In addition, it besides diversified into FMCG products, offering staples and indispensable room supplies specified arsenic aata, maida, sooji, besan, brackish and sweetener and marketplace their products nether our flagship registered and trademarked marque “AEROPLANE”, with much than 40 antithetic sub-brands for assorted products.
The institution sells atom products some successful the home arsenic good arsenic the planetary markets whereas FMCG products are sold successful the home marketplace only. As astatine February 28, 2026, institution exported its products to much than 38 countries crossed 4 continents.
As of February 28, 2026, ir operated three) manufacturing, processing and packaging facilities successful India strategically located successful the states of Punjab, Haryana and New Delhi.
The company’s gross from operations for the six-months play ended September 30, 2025 was ₹ 1,021 crore and its nett aft taxation was ₹48.7 crore.
