Amir Chand IPO: Allotment Status Live, ₹3 Grey Market Premium

IPO

Overview

The allotment status for the Amir Chand Jagdish Kumar IPO is now available. The ₹772 crore public issue, priced at ₹210-₹212 per share, was subscribed 3.23 times. A modest grey market premium of ₹3 per share was observed ahead of allotment. Investors can verify their share allocation on the BSE, NSE, or through registrar Kfin Technologies. Listing is anticipated for April 2, 2026.

Subscription Details

Investor demand for the Amir Chand Jagdish Kumar IPO was strong, with non-institutional investors (NIIs) subscribing their portion 12.71 times. The ₹772 crore issue also saw robust participation from retail investors (1.36 times) and qualified institutional buyers (QIBs) (1.11 times), bringing the overall subscription to 3.23 times.

Grey Market Insights

Ahead of allotment, the company's unlisted shares traded at a grey market premium (GMP) of ₹3 per share, roughly 1.42% above the ₹212 upper price band. While this suggests positive sentiment, GMP is an unregulated indicator and should not be the sole basis for investment decisions.

Listing Day Expectations

With allotment concluding, investors await the listing of Amir Chand Jagdish Kumar's shares on the BSE and NSE, scheduled for Thursday, April 2, 2026. Current grey market trends point to a potentially favourable debut, though market volatility could still influence the listing.

How to Check Your Allotment

Investors can confirm their share allocation by visiting the official websites of the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), which have dedicated sections for IPO status checks. Kfin Technologies, the issue's registrar, also provides a direct portal for verifying allotment details.

Disclaimer:This content is for informational purposes only and does not constitute financial or investment advice. Readers should consult a SEBI-registered advisor before making decisions. Investments are subject to market risks, and past performance does not guarantee future results. The publisher and authors are not liable for any losses. Accuracy and completeness are not guaranteed, and views expressed may not reflect the publication’s editorial stance.