Amir Chand Jagdish Kumar (Exports) Limited₹4,400 million Initial Public Offering to open on March 24, 2026

Photocaptions: Aeroplane 1: Mr. Rahul Suri, Whole Time Director, Amir Chand Jagdish Kumar (Exports) Limited and Mr. Aryan Suri, Amir Chand Jagdish Kumar (Exports) Limited at the press conference to announce the IPO of Amir Chand Jagdish Kumar (Exports) Limited

Aeroplane 2: L To R: Mr. Yatin Kumar Singh, CEO, Emkay Global Financial Services Limited; Mr. Rajesh Swaroop, Investor Relations Head, Amir Chand Jagdish Kumar (Exports) Limited; Mr. Rahul Suri, Whole Time Director, Amir Chand Jagdish Kumar (Exports) Limited; Mr. Aryan Suri, Amir Chand Jagdish Kumar (Exports) Limited; and Mr. Rakesh Choudhari, Managing Director, Keynote Financial Services Limited at the press conference to announce the IPO of Amir Chand Jagdish Kumar (Exports) Limited

Aeroplane 3 – Mr. Rahul Suri, Whole Time Director, Amir Chand Jagdish Kumar (Exports) Limited at the press conference to announce the IPO of Amir Chand Jagdish Kumar (Exports) Limited

Amir Chand Jagdish Kumar (Exports) Limited
₹4,400 million Initial Public Offering to open on March 24, 2026

Price Band fixed at ₹201 to ₹212 per equity share of face value of ₹10 each (“Equity Share”)

Bid/Issue will open on Tuesday, March 24, 2026, and close on Friday, March 27, 2026. The Anchor Investor Bidding Date shall be Monday, March 23, 2026.

Bids can be made for a minimum of 70 Equity Shares of face value of ₹10 each and in multiples of 70 Equity Shares of face value of ₹10 each thereafter.

National, March 19, 2025 (GNI): Amir Chand Jagdish Kumar (Exports) Limited (the “Company”) shall open its Bid / Issue in relation to its initial public offer of Equity Shares on Tuesday, March 24, 2026 and close on Friday, March 27, 2026. The IPO is entirely a fresh issue of ₹4,400 million.

82,796,840 Equity Shares of face value of ₹ 10 each are outstanding as on date.

The Company proposes to utilise net proceeds from fresh issue of Equity Shares, estimated at ₹4,400 million towards its working capital requirements and general corporate purposes (collectively, the “Object of Issue”).

Emkay Global Financial Services Limited and Keynote Financial Services Limited are the are the book running lead managers to the Issue (“Book Running Lead Managers” or “BRLMs”). KFin Technologies Limited is the Registrar to the Issue.

The Equity Shares are being issued through the red herring prospectus of the Company dated March 12, 2026 (the “RHP”) filed with The Registrar of Companies, National Capital Territory of Delhi-II at Central Delhi (the “RoC”) and are proposed to be listed on BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”, collectively the “Stock Exchanges”).

About the Company:The Company is a processor and exporter of basmati rice and other FMCG products in India. As per Company commissioned CARE Report, they rank 3rd among their peers in terms of revenue, they are among the few Indian branded rice players that have ventured into FMCG staples. The Company believes it is one of the few Indian companies with fully integrated operations with a presence across the basmati rice value chain, with operations that include procurement, storage, processing, marketing and sales. In addition, they have also diversified into FMCG products, offering staples and essential kitchen supplies such as aata, maida, sooji, besan, salt and sugar, they market their products under our flagship registered and trademarked brand “AEROPLANE”, with more than 40 different sub-brands for various products, including, without limitation, “Aeroplane La-Taste”, “Aeroplane Classic”, “Ali baba”, “World Cup” and “Jet”. As on the date of the Red Herring Prospectus, it has registered a total of 100 trademarks, including 70 trademarks in India and 30 trademarks across 26 countries primarily in Europe, Asia and Africa, and 22 copyrights in India. The Company provides customers with a diverse range of brands across multiple price segments catering to various demographics.

The Company’s products can broadly be divided into the following two categories: (i) rice; and (ii) FMCG products. The products in rice segment comprise of basmati rice and other specialty rice, such as kolam rice, sona masuri, idli rice and ponni rice. Basmati rice products are further categorized into “premium”, “medium” “value” and “HORECA” segments, depending on the type and blend of grain, the respective brands under which such products are distributed, the target customers and the price range. Products in FMCG segment comprise of kitchen essential supplies, including wheat flour (atta), refined wheat flour (maida), gram flour (besan), instant phirni, idli rice flour, salt, semolina (sooji) and sugar.

The Company sells rice products both in the domestic as well as the international markets whereas FMCG products are sold in the domestic market only. As at February 28, 2026, Company exported its products to more than 38 countries across four continents. As of February 28, 2026, the Company operated three) manufacturing, processing and packaging facilities in India strategically located in the states of Punjab, Haryana and New Delhi.

The Company’s revenue from operations for the six-months period ended September 30, 2025 was ₹ 10,212.46 million and its profit after tax was ₹ 486.54 million. Its revenue from operations was ₹ 20,016.47 million for the year ended March 31, 2025 vis-à-vis ₹ 13,158.48 million for the year ended March 31, 2023. Its profit after tax was ₹ 608.22 million for the year ended March 31, 2025 vis-à-vis ₹ 174.96 million for the year ended March 31, 2023.

The Issue is being made through the book-building process, wherein not more than 50% of the Issue is allocated to qualified institutional buyers, and not less than 15% of the Issue is assigned to non-institutional bidders and not less than 35% of the Issue is assigned to retail individual bidders respectively. 
Disclaimer: Amir Chand Jagdish Kumar (Exports) Limited is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public issuance of its Equity Shares and has filed the RHP dated March 12, 2026 with the ROC, SEBI and the Stock Exchanges. The RHP is available on the websites of the Company at www.aeroplanerice.com, SEBI at www.sebi.gov.in, as well as on the websites of the BRLMs, i.e., Emkay Global Financial Services Limited and Keynote Financial Services Limited at www.emkayglobal.com and www.keynoteindia.net, respectively and websites of the BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com, respectively. Any potential investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, please see the section entitled “Risk Factors” on page 36 of the RHP. Potential investors should not rely on the Draft Red Herring Prospectus filed with SEBI and Stock Exchanges for making any investment decision but should only rely on the information included in the RHP filed by the Company with the RoC.

This announcement does not constitute an offer of the Equity Shares for sale in any jurisdiction, including the United States, and the Equity Shares may not be offered or sold in the United States absent registration under the US Securities Act of 1933 or an exemption from registration. Any public offering of the Equity Shares to be made in the United States will be made by means of a prospectus that may be obtained from the Company and that will contain detailed information about the Company and management, as well as financial statements. However, the Equity Shares are not being offered or sold in the United States.

Disclaimer Clause of Securities and Exchange Board of India (“SEBI”): SEBI only gives its observations on the offer documents, and this does not constitute approval of either the Issue or the specified securities stated in the offer document. The investors are advised to refer to page 416 of the RHP for the full text of the disclaimer clause of the SEBI.

Disclaimer clause of the BSE (Designated Stock Exchange): It is to be distinctly understood that the permission given by BSE should not in any way be deemed or construed that the RHP has been cleared or approved by the BSE nor does it certify the correctness or completeness of any of the contents of the RHP. The investors are advised to refer to page 419 of the RHP for the full text of disclaimer clause of BSE.

Disclaimer clause of the NSE: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the offer document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the offer document. The investors are advised to refer to pages 419 of the RHP for the full text of disclaimer clause of NSE.ends GNI