Amir Chand Jagdish Kumar (Exports) IPO Receives 1.19x Subscription

1 min read Updated on 24 Mar 2026, 05:20 PM

Reviewed by

Shraddha JScanX News Team

Overview

Amir Chand Jagdish Kumar (Exports) IPO achieved 1.19x overall subscription with mixed investor response. Non-Institutional Buyers dominated with bHNI at 5.65x and sHNI at 2.48x subscription, while retail (0.36x) and QIB (0.58x) segments showed subdued participation. The employee category recorded zero subscription during the offering period.

*this image is generated using AI for illustrative purposes only.

The initial public offering of Amir Chand Jagdish Kumar (Exports) has concluded with an overall subscription of 1.19 times, reflecting moderate investor response to the export-focused company's market debut.

Subscription Performance by Category

The IPO witnessed varied participation across different investor segments, with institutional and retail categories showing contrasting trends.

Category	Subscription Multiple
Non-Institutional Buyers (bHNI)	5.65x
Non-Institutional Buyers (sHNI)	2.48x
Qualified Institutional Buyers (QIB)	0.58x
Retail	0.36x
Employees	0.00x
Total Subscribed	1.19x

Category-wise Analysis

The subscription data reveals strong interest from high net worth individuals, with the big HNI category achieving the highest subscription at 5.65 times. The small HNI segment also showed positive response with 2.48 times subscription, indicating confidence among affluent individual investors.

However, the retail investor segment remained subdued with only 0.36 times subscription, suggesting limited appeal among smaller investors. The Qualified Institutional Buyers category also showed restrained participation at 0.58 times subscription.

Overall Market Response

The company's IPO performance indicates selective investor interest, with the overall subscription of 1.19 times representing modest demand. The strong response from HNI categories helped offset the weaker participation from retail and institutional segments, ultimately pushing the issue into oversubscription territory, albeit marginally.