Amir chand jagdish kumar ipo gmp: Amir Chand Jagdish Kumar Exports IPO GMP

The Amir Chand Jagdish Kumar Exports IPO is currently open for subscription, having entered its second day on March 25, 2026. This ₹440 crore book-building issue consists entirely of a fresh issue of 2.08 crore shares, with a price band set between ₹201 and ₹212 per share.

The lot size for an application is 46 shares, requiring a minimum investment of ₹14,840 for retail investors. As of today, the overall subscription status stands at 1.27 times, indicating a positive response from the market.

Breaking down the subscription figures, Qualified Institutional Buyers (QIBs) have subscribed 0.58 times, while Non-Institutional Investors (NIIs) have shown significant interest with a subscription rate of 4.82 times. Retail Individual Investors (RIIs) have subscribed 0.46 times.

The Grey Market Premium (GMP) for the IPO is ₹7 over the IPO price, reflecting investor sentiment towards the offering. The IPO is set to close on March 27, 2026, with the basis of allotment expected to be finalized by March 30, 2026.

Looking ahead, the tentative listing date on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) is April 2, 2026. The company plans to utilize ₹400 crore from the IPO proceeds towards funding working capital requirements.

Details remain unconfirmed regarding any further developments or potential changes in the subscription status as the closing date approaches. Investors are advised to stay updated on the latest information as the IPO progresses.