Amir Chand Jagdish Kumar (Exports) Limited IPO Final Day: GMP ₹0, Subscription 1.5x
The Initial Public Offering (IPO) of Amir Chand Jagdish Kumar (Exports) Limited, listed on the NSE mainboard, concludes today, March 27, 2026. As the subscription window closes, the IPO has garnered a total subscription of 1.47 times. While the Qualified Institutional Buyers (QIBs) and Retail Individual Investors (RIIs) categories are yet to be fully subscribed, the Non-Institutional Investors (NIIs) segment has shown robust demand.
Subscription Status
On the closing day, the IPO has seen varied interest across different investor categories. The Retail Individual Investor (RII) segment is subscribed 0.56 times, indicating a lukewarm response from individual investors. The Qualified Institutional Buyer (QIB) portion stands at 0.78 times, suggesting that institutional investors are exercising caution. However, the Non-Institutional Investor (NII) category has significantly outperformed, with a subscription of 5.24 times. This strong demand from HNIs and other non-institutional investors suggests a potential belief in the company’s long-term prospects, despite the subdued interest from retail and institutional players. The overall subscription of 1.47 times means that for every share offered, 1.47 applications have been received by the end of Day 4.
| Category | Subscription | Progress |
|---|---|---|
| Retail | 0.56x | |
| NII / HNI | 5.24x | |
| QIB | 0.78x | |
| Total | 1.47x |
| Date | Retail | NII | QIB | Total |
|---|---|---|---|---|
| 01 Apr | 0.56x | 5.24x | 0.78x | 1.47x |
| 31 Mar | 0.56x | 5.24x | 0.78x | 1.47x |
| 30 Mar | 0.56x | 5.24x | 0.78x | 1.47x |
| 29 Mar | 0.56x | 5.24x | 0.78x | 1.47x |
| 28 Mar | 0.56x | 5.24x | 0.78x | 1.47x |
GMP Update
The Grey Market Premium (GMP) for Amir Chand Jagdish Kumar (Exports) Limited IPO remains unchanged at ₹0. Yesterday, the GMP was also reported at ₹0, and it has not seen any movement today. A GMP of ₹0 suggests that the market is currently not pricing in any premium over the issue price of ₹212. This implies that the expected listing price is likely to be at par with the issue price. Investors typically look at GMP as an indicator of market sentiment and potential listing gains. The current GMP of ₹0 indicates a neutral market sentiment for this IPO.
Should You Apply?
The decision to invest in the Amir Chand Jagdish Kumar (Exports) Limited IPO hinges on a careful evaluation of the subscription data and the GMP. While the NII subscription offers some positive signal, the undersubscription in the RII and QIB segments, coupled with a ₹0 GMP, warrants a cautious approach. A ₹0 GMP suggests that the market is not anticipating any immediate listing gains, and the expected listing price is at the issue price of ₹212. Investors should consider their risk appetite and investment horizon. It is advisable to consult with SEBI registered investment advisors for personalized guidance before making any investment decisions.
The IPO period for Amir Chand Jagdish Kumar (Exports) Limited was from March 24, 2026, to March 27, 2026, with an issue price of ₹212 per share and a lot size of 70 shares.
View Full Amir Chand Jagdish Kumar (Exports) Limited IPO Details