Amir Chand Jagdish Kumar IPO – Basmati Rice Leader Enters Public Markets
Amir Chand Jagdish Kumar (Exports) Ltd, a key player in India’s basmati rice export industry, is gearing up for a major milestone with its upcoming IPO to raise ₹550 crore. The company’s proposed Initial Public Offering has received approval from the Securities and Exchange Board of India (SEBI), marking a significant opportunity for investors looking at food and FMCG sectors.
IPO Highlights
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IPO Size: ₹550 crore via fresh issue of equity shares — no offer-for-sale component.
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Regulatory Nod: SEBI granted observations, enabling the company to proceed with the public issue.
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Pre-IPO Round: The company may raise up to ₹50 crore ahead of the IPO, which could reduce the final fresh issue size proportionately.
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Listing Plans: Shares are proposed to be listed on both BSE and NSE stock exchanges.
