By Admin 
Amir Chand IPO: In the coming days, investors are going to have many opportunities to invest money in the Indian domestic market. Many companies are coming up with their Initial Public Offering (IPO).
The name of Haryana’s Basmati rice exporting company Amir Chand Jagdish Kumar (Exports) Limited is also included in this list. The company is going to try to raise Rs 440 crore through its issue. Let us know about this company issue…
When will investors be able to place their bets?
Investors can place their bets in the company’s public issue from March 24. The IPO will remain open for investors till March 27. At the same time, the date of March 23 has been fixed for anchor investors.
IPO will be based on fresh issue
Amir Chand’s proposed IPO is being launched as a completely fresh equity issue. There will be no part of Offer for Sale (OFS) in this, that is, existing investors of the company will not be seen selling their shares.
The company had initially fixed the issue size at Rs 550 crore while filing the draft red herring prospectus in June 2025, but later it was reduced to Rs 440 crore. This proposal has been approved by SEBI in October 2025.
How will the capital raised be used?
Amir Chand has informed that a large part of the amount received from the proposed IPO will be used to meet the working capital needs of the company.
Apart from this, some funds will also be kept for general corporate purposes, so that the company can easily complete the tasks related to strengthening its day-to-day business and further expansion.
IPO manager and listing planning
Emkay Global Financial Services and Keynote Financial Services have been appointed as merchant bankers for this IPO. The company plans to complete the process of allotment of shares by March 30.
After this, preparations are being made to list the shares in the market. The company can be listed on both BSE and NSE exchanges.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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