Amir Chand Jagdish Kumar IPO: Basmati Wale laaye IPO, Price Band ₹201-₹212! Invest karein ya wait?

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AuthorAnanya Iyer|Published at:
Amir Chand Jagdish Kumar IPO: Basmati Wale laaye IPO, Price Band ₹201-₹212! Invest karein ya wait?
Overview

Basmati rice exporting company Amir Chand Jagdish Kumar (Exports) Ltd. ne apna IPO laane ka announcement kar diya hai. Iska price band ₹201 se ₹212 rakha gaya hai, aur yeh ₹440 crore ka issue March 24 se investors ke liye khulega. Company yeh paisa working capital aur general expenses ke liye use karegi.

Amir Chand Jagdish Kumar (Exports) Ltd. ne apna IPO kholne ka plan bana liya hai, jiska price band ₹201 se lekar ₹212 tak set kiya gaya hai. Yeh poora ₹440 crore ka issue hai jo March 24 se March 27 tak investors ke liye khula rahega. Anchor book subscription March 23 ko shuru hogi.

Company ne pehle ₹550 crore ka plan banaya tha, lekin ab ise kam karke ₹440 crore kar diya hai. Poora amount fresh issue se aayega, matlb koi promoter selling ka chance nahi.

IPO se pehle, Haryana-based yeh company ek pre-IPO round mein ₹13 crore raise kar chuki hai, jisme share ₹172 mein diya gaya tha aur company ki valuation tab ₹1,877 crore thi. Iss IPO mein 50% hissa Qualified Institutional Buyers (QIBs) ke liye, 15% non-institutional investors ke liye, aur baaki 35% retail investors ke liye reserve hai. Agar aap retail investor hain, toh kam se kam 70 shares ka ek lot le sakte hain, jiski minimum investment lagbhag ₹14,840 hogi.

Financials ki baat karein toh, December 2024 ko khatam hue 9 mahine mein, company ne ₹1,421.3 crore ka revenue aur ₹48.77 crore ka profit after tax report kiya hai. Yeh company apne famous 'Aeroplane' brand se basmati rice export karti hai aur market mein KRBL Ltd., LT Foods, aur Sarveshwar Foods jaise bade players se compete karti hai. Export ke saath-saath, yeh FMCG products mein bhi enter kar chuki hai.

IPO se milne wale paise ko company primarily apna working capital badhane aur general corporate expenses ko manage karne ke liye use karegi. Is poore IPO ko manage karne ki zimmedari Emkay Global Financial Services aur Keynote Financial Services sambhal rahi hai. Shares ki listing BSE par hone ki ummeed hai, jo ki March 30 ke aas paas ho sakti hai.

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