ReferIndia News Amir Chand Jagdish Kumar's IPO Flies High with 3.23x Subscription

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Amir Chand Jagdish Kumar's IPO Flies High with 3.23x Subscription

Published on: March 27, 2026, 7:24 p.m. | Source: Devdiscourse

The IPO of basmati rice exporter Amir Chand Jagdish Kumar (Exports) Ltd was oversubscribed by 3.23 times on its final day, with strong interest from non-institutional investors. The company plans to use funds raised to support working capital needs and general corporate purposes, while competing in a tightly contested market.

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