The Safety Controls & Devices Limited IPO is an upcoming book‑built issue set to hit…
Amir Chand IPO: Date, Price Band, Issue Size & Details
The Amir Chand Jagdish Kumar IPO is expected to be a book-building public issue where the company plans to raise around ₹550 crore through a fresh issue of equity shares. The IPO will be listed on BSE and NSE after completion of the allotment process.
Amir Chand Jagdish Kumar (Exports) Ltd is a basmati rice processor and exporter in India. The company sells rice and FMCG products under several brands, including its flagship “Aeroplane” basmati rice brand.
The company plans to use most of the IPO funds for working capital requirements, while the remaining amount will be used for general corporate purposes.
Amir Chand IPO Key Details
| Details | Information |
|---|---|
| IPO Type | Book Building Issue |
| Face Value | ₹10 per equity share |
| Issue Size | Around ₹550 crore |
| Fresh Issue | ₹550 crore |
| Offer for Sale | No OFS |
| Listing Exchange | BSE & NSE |
The IPO consists entirely of a fresh issue, meaning the funds raised will go directly to the company to support its operations and expansion plans.
Amir Chand IPO Important Dates
| Event | Date |
|---|---|
| IPO Open Date | To be announced |
| IPO Close Date | To be announced |
| Allotment Date | To be announced |
| Refund Initiation | To be announced |
| Shares Credited to Demat | To be announced |
| Listing Date | To be announced |
The exact dates for the IPO subscription, allotment, and listing will be announced closer to the launch of the issue.
Company Financial Highlights
| Year | Revenue | Profit |
|---|---|---|
| 2023 | ₹1,317.86 crore | ₹17.50 crore |
| 2024 | ₹1,551.42 crore | ₹30.41 crore |
The company has shown steady growth in revenue and profit, indicating expansion in its basmati rice and FMCG business segments.
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