Amir Chand Jagdish Kumar (Exports) Limited ₹4,400 Million IPO to Open on March 24

Amir Chand Jagdish Kumar (Exports) Limited ₹4,400 Million IPO to Open on March 24

Ahmedabad: Amir Chand Jagdish Kumar (Exports) Limited (the “Company”) shall open its Bid / Issue in relation to its initial public offer of Equity Shares on Tuesday, March 24, 2026, and close on Friday, March 27, 2026. The IPO is entirely a fresh issue of ₹4,400 million, a press statement said.

82,796,840 Equity Shares of face value of ₹10 each are outstanding as on date. The price band is fixed at ₹201 to ₹212 per equity share of face value of ₹10 each (“Equity Share”). Bid/Issue will open on Tuesday, March 24, 2026, and close on Friday, March 27, 2026. The Anchor Investor Bidding Date shall be Monday, March 23, 2026. Bids can be made for a minimum of 70 Equity Shares of face value of ₹10 each and in multiples of 70 Equity Shares of face value of ₹10 each thereafter, the company said.

Object of Issue

The Company proposes to utilise net proceeds from the fresh issue of Equity Shares, estimated at ₹4,400 million, towards its working capital requirements and general corporate purposes (collectively, the “Object of Issue”).

Emkay Global Financial Services Limited and Keynote Financial Services Limited are the book running lead managers to the Issue (“Book Running Lead Managers” or “BRLMs”). KFin Technologies Limited is the Registrar to the Issue.

The Equity Shares are being issued through the red herring prospectus of the Company dated March 12, 2026 (the “RHP”), filed with the Registrar of Companies, National Capital Territory of Delhi-II at Central Delhi (the “RoC”), and are proposed to be listed on BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”, collectively the “Stock Exchanges”).

Investor Interest

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