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Listed
Other Agricultural Products
Amir Chand Jagdish Kumar (Exports) Limited IPO
₹440 Cr · Fresh Issue · Other Agricultural Products
Price Band
₹201 – ₹212
GMP (Grey Market)
—
No GMP data yet
Issue Size
₹440 Cr
Fresh Issue
Market Cap
₹2195.29 Cr
At upper band
P/E Ratio
36.1x
P/S: 1.1x
Listing Date
02 Apr 2026
BSE & NSE
IPO Timeline
✓
Opens
24 Mar 2026
✓
Closes
27 Mar 2026
✓
Allotment
30 Mar 2026
✓
Refund
31 Mar 2026
✓
Listing
02 Apr 2026
IPO India Hub Recommendation: Subscribe
We recommend subscribing to the issue as the company shows solid export revenues and diversified product lines. However, investors should watch commodity price swings, which could pressure earnings.
Our Analysis — Key Points
✓ Strength
Strong revenue base from exports business
The company generates over ₹2,000 crore in revenue, making it one of the larger players in the agricultural export segment. Its export focus gives it access to foreign markets and foreign exchange earnings, which can smooth domestic demand cycles.
✓ Strength
Wide product range serving farmers nationwide
It offers a broad portfolio of processed and value‑added agricultural products, allowing it to serve different farmer needs and capture higher margins. This diversification reduces reliance on any single crop and supports steady cash flow.
⚠ Risk
Exposure to commodity price volatility risk
The business is highly sensitive to fluctuations in global commodity prices, which can quickly erode margins. A sudden drop in world prices or adverse trade policies could depress earnings and affect the IPO price.
$ Valuation
Valuation reflects premium earnings multiple today
At the top of the price band, the implied market cap is about ₹2,195 crore, giving a price‑to‑earnings multiple of roughly 36.1× and a price‑to‑sales ratio of about 1.1×. These multiples are higher than many peers, suggesting the stock is priced for growth.
Top Analyst Reviews
| Analyst / Firm | Rating | Known For | Review |
|---|---|---|---|
| IPO India Hub Our independent review |
Original analysis based on DRHP & public financials | This page | |
| Dilip Davda Chittorgarh.com |
India's most followed independent IPO analyst | Search on Chittorgarh → | |
| Capital Market (CM Rating) CapitalMarket.com |
Widely-cited "New Issue Monitor" reports | Search on CapitalMarket → | |
| ICICI Securities ICICIdirect Research |
SEBI-registered broker research desk | Visit ICICIdirect → | |
| IPO Guru Analyst Leaderboard ipoguru.in |
Ranks 49 analysts by real IPO outcome accuracy | View leaderboard → |
External links go to each platform's IPO section — search for "Amir Chand Jagdish Kumar (Exports) Limited" to find the specific review. IPO India Hub does not represent the accuracy of third-party ratings.
Company Snapshot
Revenue
₹2001.65 Cr
Net Profit
₹60.82 Cr
Industry
Other Agricultural Products
Issue Type
Fresh Issue
Promoters
JAGDISH KUMAR SURI, RAHUL SURI AND RAMNIKA SURI
Lead Managers
Emkay Global and Keynote Financial Services
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