Amir Chand Jagdish Kumar (Exports) Limited IPO Day 5: GMP ₹0, Subscription 1.5x
The Amir Chand Jagdish Kumar (Exports) Limited IPO, listed on the mainboard of the NSE, has concluded its subscription period today, March 27, 2026. As we reach the final day of the IPO, let’s take a comprehensive look at the subscription figures and Grey Market Premium (GMP) to understand investor sentiment.
Subscription Status
On Day 5, the overall subscription for the Amir Chand Jagdish Kumar (Exports) Limited IPO stood at a respectable 1.47 times. Examining the category-wise breakdown reveals interesting dynamics. The Retail Investor portion was subscribed 0.56 times, indicating moderate interest from individual investors. The Non-Institutional Investor (NII) category saw a significant surge, subscribed 5.24 times, suggesting strong conviction from high-net-worth individuals. The Qualified Institutional Buyer (QIB) segment was subscribed 0.78 times. While the overall subscription is oversubscribed, the lower subscription in the Retail and QIB categories warrants attention.
| 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 remained unchanged at ₹0 on Day 5. Yesterday’s GMP was also ₹0. 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 around the issue price itself, ₹212. The lack of a positive GMP might be a deterrent for some investors looking for immediate listing gains.
Should You Apply?
Based on the subscription data and the current GMP, investors face a balanced scenario. The strong oversubscription in the NII category is a positive sign, reflecting confidence from a segment of sophisticated investors. However, the modest subscription from Retail and QIB investors, coupled with a ₹0 GMP, suggests that significant listing gains might not be immediate. Investors should conduct their own due diligence, consider the company’s fundamentals, and consult with SEBI registered investment advisors before making any investment decisions. For more detailed information on the IPO, View Full Amir Chand Jagdish Kumar (Exports) Limited IPO Details.