Amir Chand Jagdish Kumar to launch Rs 440-cr IPO on March 24

• Basmati rice exporter Amir Chand Jagdish Kumar (Exports) Ltd will launch its Rs 440 crore IPO on March 24, closing on March 27.
• The public issue is a fresh issue of equity shares with no offer-for-sale component, aimed at funding working capital and general corporate purposes.
• The company, which markets products under the “Aeroplane” brand, received Sebi approval for the IPO in October 2025.
• Ahead of the IPO, the company raised Rs 13 crore in a pre-IPO round by allotting 7.55 lakh shares at Rs 172 per share.
• For the nine months ended December 31, 2024, the company reported revenue of Rs 1,421.3 crore and a profit after tax of Rs 48.77 crore.