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Amir Chand, Basmati Rice Exporter, Sets IPO Price Band for March 24 Launch
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Amir Chand IPO: Basmati Exporter Sets Price Band, Opens March 24
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CNBC TV18
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19-03-2026, 08:03
Amir Chand IPO: Basmati Exporter Sets Price Band, Opens March 24
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Basmati rice exporter Amir Chand Jagdish Kumar (Exports) Ltd. fixes IPO price band at ₹201-₹212 per share.
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The ₹440 crore IPO opens for subscription on March 24 and closes on March 27; anchor book opens March 23.
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The public offer is a fresh issue of equity shares worth ₹440 crore, with no offer-for-sale component.
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Net proceeds will fund working capital requirements and general corporate purposes.
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Company markets products under "Aeroplane" brand and competes with KRBL Ltd, LT Foods, and Sarveshwar Foods.
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