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AmirChandJagdishKumar IPO

Amir Chand Jagdish Kumar
Start Date24-03-2026
Application Timing10am-5pm
Price Range₹201 - ₹212
Min Qty70
Min. Investment₹14840
Listing Date02-04-2026
Close Date27-03-2026

About Amir Chand Jagdish Kumar

Amir Chand Jagdish Kumar (Exports) Limited, incorporated in 2003, is engaged in the processing and export of basmati rice and other FMCG food products. The company operates a fully integrated business model across the basmati rice value chain, including procurement, storage, processing, branding, marketing, and sales. The company’s product portfolio is divided into two major segments: rice products and FMCG staple foods. The rice segment includes basmati rice and specialty varieties such as kolam rice, sona masuri, idli rice, and ponni rice. The FMCG segment includes products such as aata, maida, sooji, besan, salt, and sugar. These products are marketed under the flagship brand “AEROPLANE” along with more than 40 sub-brands including Aeroplane La-Taste, Aeroplane Classic, Ali Baba, World Cup, and Jet. As of March 2026, the company holds 100 registered trademarks, including 70 in India and 30 across 26 countries. It exports rice products to over 38 countries across four continents while its FMCG products are primarily sold in the domestic market.

The company operates two manufacturing and processing units in Amritsar (Punjab) and Safidon (Haryana), along with a packaging facility in New Delhi. With a growing distribution network and brand presence, the company has achieved strong domestic revenue growth with a CAGR of around 24.93 percent between FY2022 and FY2024.

Why To Invest in Amir Chand Jagdish Kumar

Integrated Rice Export Business : The company operates across the entire basmati rice value chain from procurement to export, giving it strong control over quality and supply.

Strong Brand Portfolio : The flagship Aeroplane brand along with multiple sub-brands provides strong recognition in both domestic and international markets.

Global Export Presence : The company exports products to 38+ countries, creating diversified revenue streams and international demand.

Consistent Financial Growth : Revenue and profitability have improved in recent years with growing PAT and EBITDA margins.

Expansion of Working Capital : IPO proceeds will be used mainly for working capital requirements, which can support business expansion and higher sales volumes.

Financial Table
Period EndedPeriod Ended31 Mar 202531 Mar 202431 Mar 2023
Assets1,526.421,549.031,283.531,089.06
Total Income1,024.302,004.031,551.421,317.86
Profit After Tax 48.6560.8230.4117.50
EBITDA105.76163.65109.6679.69
NET Worth440.89379.18311.48280.84
Total Borrowing 739.74784.06777.62667.53
Strengths And Risks
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Strong Brand Recognition: The Aeroplane brand and its sub-brands have established visibility in the rice export and FMCG markets.
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Diversified Product Portfolio: The company offers multiple rice varieties and staple FMCG products, reducing dependence on a single product category.
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Global Export Network: Exports to more than 38 countries provide access to international demand for basmati rice.
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Integrated Operations: The company manages procurement, processing, packaging, and marketing, helping maintain product quality and efficiency.
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Growing Financial Performance: Profit after tax increased from Rs. 17.50 crore in FY2023 to Rs. 60.82 crore in FY2025, showing strong growth.
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High Debt Levels: The company has relatively high borrowings of Rs. 739.74 crore, which may impact financial flexibility.
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Commodity Price Fluctuation: Rice prices and agricultural supply conditions can affect margins and profitability.
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Export Market Dependence: Changes in international trade policies or global demand could impact export revenue.
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Competitive Industry: The rice export and FMCG sector in India is highly competitive with several established players.
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