Amir Chand Jagdish Kumar (Exports) Limited

Amir Chand Jagdish Kumar (Exports) Limited, incorporated in 2003, is an Indian processor and exporter of basmati rice and allied fast moving consumer goods. Its operations are integrated across the basmati value chain, from procurement and milling to packaging and distribution, and rice accounts for the large majority of its revenue. The company markets its products under the flagship "AEROPLANE" brand, supported by a wide range of sub-brands and an extensive trademark and copyright portfolio built up over two decades. The business runs two manufacturing and processing units, one in Amritsar (Punjab) and one in Safidon (Haryana), along with a packaging facility in New Delhi. Around 40 percent of its revenue comes from exports, and by early 2026 the company was shipping products to more than 38 countries across four continents. Its domestic revenue grew at a compound annual rate of roughly 25 percent between fiscal 2022 and fiscal 2024, and it employed a permanent workforce of a few hundred people as of February 2026. The company positions itself as a branded basmati player with a diversified product mix that spans premium rice varieties and everyday FMCG staples. Its model combines a north India procurement base close to the main basmati growing belts with a distribution reach across domestic general trade, modern trade and online channels alongside its overseas customer network. The initial public offering was an entirely fresh issue aimed largely at funding the working capital that its seasonal, procurement heavy operations require.

The company mobilised about 60 crore rupees from anchor investors ahead of the issue, allotting 28,30,380 shares at 212 rupees each. The anchor book included Rajasthan Global Securities, Lords Multigrowth Fund and Chanakya Opportunities Fund I.