Amir Chand Jagdish Kumar (Exports) Limited is engaged in the processing and export of basmati rice along with a range of FMCG food products in India. The company operates a fully integrated business model across the basmati rice value chain, which includes procurement of paddy, storage, milling and processing, packaging, marketing, and sales.
The company’s product portfolio is broadly divided into two key segments:
- Rice Segment: Includes basmati rice and other specialty varieties such as kolam rice, sona masuri, idli rice, and ponni rice.
- FMCG Segment: Includes staple food products such as aata, maida, sooji, besan, salt, and sugar.
These products are marketed under the company’s flagship “AEROPLANE” brand, supported by more than 40 sub-brands, including Aeroplane La-Taste, Aeroplane Classic, Ali Baba, World Cup, and Jet.
As of March 12, 2026, the company owns 100 trademarks (70 in India and 30 across 26 countries) and 22 registered copyrights in India.
The company sells rice products in both domestic and international markets, while its FMCG products are primarily distributed in India. Domestic revenue has shown strong growth, recording a CAGR of approximately 24.93% between FY2022 and FY2024.
As of February 28, 2026, the company exports its products to more than 38 countries across four continents, reflecting its growing global presence.
The company operates two rice processing units in Amritsar (Punjab) and Safidon (Haryana), and one packaging facility in New Delhi, supporting its integrated operations.
As of February 28, 2026, Amir Chand Jagdish Kumar (Exports) Limited employed 225 permanent employees, supporting its manufacturing, operations, and export activities.
Amir Chand Jagdish Kumar IPO – Details
| IPO Opening Date | 24 March 2026 |
| IPO Closing Date | 27 March 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: [] Shares Worth ₹440.00 Crore Fresh Issue: [] Shares Worth ₹440.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹[] – ₹[] per share |
| Market Lot | – |
| Min Order | – |
| Listing At | BSE, NSE |
| Register | Kfin Technologies Ltd. |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Amir Chand Jagdish Kumar IPO – Date Schedule
| IPO Open Date | 24 March 2026 |
| IPO Close Date | 27 March 2026 |
| Basis of Allotment | 30 March 2026 |
| Initiation of Refund | 01 April 2026 |
| Credit of Shares to Demat Account | 01 April 2026 |
| IPO Listing Date | 02 April 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 27, 2026 |
Amir Chand Jagdish Kumar IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | – | – | ₹ |
| Retail (Max) | – | – | ₹ |
| S-HNI (Min) | – | – | ₹ |
| S-HNI (Max) | – | – | ₹ |
| B-HNI (Min) | – | – | ₹ |
Competitive Strength
- One of India’s leading producers and exporters of basmati rice.
- Strong procurement capabilities and location advantage.
- Integrated operations with well-established quality control system and modern equipment.
- Wide distribution network in India enabling us to efficiently penetrate major markets.
- Strong international presence.
- Healthy financial performance.
- Experienced management team.
Company Promoters
- Jagdish Kumar Suri
- Rahul Suri
- Ramnika Suri
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹1,317.86 Cr | ₹1,294.62 Cr | ₹17.50 Cr | ₹667.53 Cr |
| 31 March 2024 | ₹1,551.42 Cr | ₹1,512.10 Cr | ₹30.41 Cr | ₹777.62 Cr |
| 31 March 2025 | ₹2,004.03 Cr | ₹1,923.80 Cr | ₹60.82 Cr | ₹784.06 Cr |
| 30 September 2025 | ₹1,024.30 Cr | ₹961.27 Cr | ₹48.65 Cr | ₹739.74 Cr |
Key Performance Indicator
| KPI | Values (Sep 30, 2025) |
|---|---|
| ROE | 11.87% |
| ROCE | 9.16% |
| Debt/Equity | 1.68 |
| RoNW | 11.87% |
| PAT Margin | 4.76% |
| EBITDA Margin | 10.36% |
| Pre IPO | Post IPO | |
| EPS (₹) | 7.35 | – |
| P/E (x) | – | – |
Object Of The Issue
| Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|
| Funding the working capital requirements of the Company. | ₹400.00 |
| General corporate purposes. |
Amir Chand Jagdish Kumar IPO Peer Comparison
| S. No. | Face Value (₹) | Company Name | P/E Ratio |
|---|---|---|---|
| 1 | 1 | LT Foods Limited | 21.67 |
| 2 | 1 | KRBL Limited | 15.04 |
| 3 | 2 | Chaman Lal Setia Exports Limited | 12.18 |
| 4 | 2 | GRM Overseas Limited | 15.34 |
| 5 | 1 | Sarveshwar Foods Limited | 11.79 |
✅Strengths
- Integrated logistics services across air, ocean, road, warehousing, and customs.
- Strong global network through international logistics alliances.
- Partnerships with major airlines ensure strong cargo connectivity.
- A technology-driven logistics platform improving efficiency and tracking.
- Cold storage facility for pharma and temperature-sensitive cargo.
⚠️Risks
- High dependence on airline cargo capacity and pricing.
- Highly competitive logistics industry.
- Business affected by global trade and economic conditions.
- Regulatory and compliance risks in logistics operations.
- Operational disruptions like flight delays or port congestion.
Amir Chand Jagdish Kumar IPO Promoter Holding
| Pre Issue Share Holding | 99.44% |
| Post Issue Share Holding | – |
Amir Chand Jagdish Kumar IPO Prospectus
Company Contact Information
| Amir Chand Jagdish Kumar Ltd. 2735, Shop No. 9, Mohan Lal Palace, Naya Bazar New Delhi, 110006 Phone: +91 8595912447 Email: info@aeroplanerice.com Website: https://www.aeroplanerice.com/ |
Amir Chand Jagdish Kumar IPO Registrar
| Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: acjkel.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
Amir Chand Jagdish Kumar IPO Lead Manager(s)
| 1. Keynote Financial Services Limited 2. Emkay Global Financial Services Limited |
Amir Chand Jagdish Kumar IPO FAQs
| What is the Amir Chand Jagdish Kumar IPO? Amir Chand Jagdish Kumar IPO is a main-board IPO. The issue is priced at ₹[] to ₹[] per equity share. The IPO is to be listed on the BSE & NSE. |
| When will the Amir Chand Jagdish Kumar IPO open? The IPO is to open on 24 March 2026 for QIB, NII, and Retail Investors. |
| What is Amir Chand Jagdish Kumar IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Amir Chand Jagdish Kumar IPO Size? Amir Chand Jagdish Kumar IPO size is ₹[] Crore. |
| What is the Amir Chand Jagdish Kumar IPO Minimum and Maximum Lot Size for Retail? The minimum bid is [] Shares with ₹[], while the maximum bid is [] Shares with ₹[]. |
| What is the Amir Chand Jagdish Kumar IPO Allotment Date? Amir Chand Jagdish Kumar IPO allotment date is 30 March 2026. |
| What is the Amir Chand Jagdish Kumar IPO Listing Date? Amir Chand Jagdish Kumar IPO listing date is 02 April 2026. The IPO is to be listed on the BSE and the NSE. |
