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  1. Amir Chand Jagdish Kumar share price: Stock lists at 6% discount on NSE; here's how much investors lost

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Amir Chand Jagdish Kumar share price: Stock lists at 6% discount on NSE; here's how much investors lost

Kamal Joshi

2 min read | Updated on April 02, 2026, 10:05 IST

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SUMMARY

Amir Chand Jagdish Kumar share price: The ₹440 crore initial public offering was only a fresh issuance of 2.08 crore shares, with no offer for sale (OFS) component. The money raised will be utilised for funding working capital requirements and corporate general purposes.

Amir Chand Jagdish Kumar IPO had a price band of ₹201 to ₹212 per share. | Image: aeroplanerice.com

Amir Chand Jagdish Kumar IPO had a price band of ₹201 to ₹212 per share. | Image: aeroplanerice.com

Amir Chand Jagdish Kumar share price: Shares of basmati rice exporter Amir Chand Jagdish Kumar (Exports) Limited were listed at ₹200 apiece on the National Stock Exchange (NSE) on Thursday, April 2.
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This reflects a discount of 5.66% against the IPO issue price of ₹212 per share.

On the BSE, the stock started trading at ₹195, down 8.02% from the issue price.

Amir Chand Jagdish Kumar share price: How much investors made per lot

A lot consisted of 70 shares. Investors who received Amir Chand Jagdish Kumar IPO allotment saw their investment value drop to ₹14,000 per lot.

The ₹440 crore initial public offering was only a fresh issuance of 2.08 crore shares, with no offer for sale (OFS) component. The money raised will be utilised for funding working capital requirements and corporate general purposes.

The initial public offering was subscribed 3.23 times, with bids for 6,10,40,560 shares as against 1,89,05,270 shares on offer, according to the NSE data.

CategoryReservedNo of Shares Bid ForNo of Times
Qualified Institutional Buyers79,59,99588,68,0901.11
Non-Institutional Investors32,83,5834,17,20,28012.71
Retail Investors76,61,6921,04,52,1901.36
Total1,89,05,2706,10,40,5603.23

Amir Chand Jagdish Kumar (Exports) Ltd processes and exports of basmati rice and other fast-moving consumer goods, or FMCG, products in India. It runs fully integrated operations across the basmati rice value chain, including procurement, processing, storage, marketing and sales.

Before the IPO, the firm allocated shares worth ₹60 crore to anchor investors, including Chanakya Opportunities Fund I, Rajasthan Global Securities Pvt Ltd and Lords Multigrowth Fund.

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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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