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Amir Chand Jagdish Kumar IPO IPO Subscription Status

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The Amir Chand Jagdish Kumar IPO IPO closed on 27 March 2026 with an overall subscription of 3.41x based on shares applied. QIB demand came in at 1.18x, NII at 13.40x, and retail at 1.44x.

Allotment will be finalised on 30 March 2026. The stock is scheduled to list on NSE and BSE on 2 April 2026.

Issue Price

Rs 172.00

GMP Today

Rs 5.00 (+2.91%)

Overall Subscription

3.41x

Issue Size

₹440.00 Cr

Allotment Date

30 Mar 2026

Listing Date

2 Apr 2026

Amir Chand Jagdish Kumar IPO IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 172.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 129.81 CrRs 152.53 Cr1.18x
FII-Rs 62.03 Cr-
DFI-Rs 32.75 L-
Mutual Funds-Rs 1.69 L-
Other-Rs 90.16 Cr-
NIIRs 53.55 CrRs 717.59 Cr13.40x
bNII (above Rs 10L)Rs 35.70 CrRs 572.57 Cr16.04x
Corporate-Rs 2.99 Cr-
Individual-Rs 540.49 Cr-
Other-Rs 29.09 Cr-
sNII (Rs 2L to Rs 10L)Rs 17.85 CrRs 145.02 Cr8.12x
Corporate-Rs 49.48 L-
Individual-Rs 134.78 Cr-
Other-Rs 9.75 Cr-
RetailRs 124.94 CrRs 179.78 Cr1.44x
Cut-off price-Rs 134.94 Cr-
Fixed price-Rs 44.84 Cr-
TotalRs 308.30 CrRs 1,049.90 Cr3.41x

Amir Chand Jagdish Kumar IPO IPO Subscription by Applications

Category-wise subscription based on applications received

CategoryApplications OfferedApplications ReceivedSubscription
QIB75,46,9781000.00x
FII-10-
DFI-4-
Mutual Funds-1-
Other-85-
NII3,17715,0424.73x
bNII (above Rs 10L)2,1186,5303.08x
Corporate-37-
Individual-6,138-
Other-355-
sNII (Rs 2L to Rs 10L)1,0598,5128.04x
Corporate-26-
Individual-7,908-
Other-578-
Retail1,03,7741,09,3991.05x
Cut-off price-82,520-
Fixed price-26,879-
Total76,53,9291,24,5410.02x

What Do These Subscription Numbers Mean?

A subscription of 3.41x means the IPO received bids for 3 times the number of shares available. For every 3 applications, only 1 can receive an allotment.

Here is what each category number tells you:

QIB at 1.18x: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.18x, it reflects serious institutional conviction.

NII at 13.40x: NII includes high net worth individuals applying above Rs 2 lakh. At 13.40x, allotment probability for NII applicants is very low. The bNII segment came in at 16.04x and sNII at 8.12x.

Retail at 1.44x: Retail investors applying up to Rs 2 lakh saw 1.44x subscription. Allotment in the retail category is done by lottery when oversubscription exceeds 1x. At 1.05x applications received, roughly 1 in 1 retail applicants can expect an allotment (~69%).

Amir Chand Jagdish Kumar IPO IPO Allotment Chances

Based on the final subscription data, here is a realistic view of allotment probability by category.

Retail Category: Retail subscription came in at 1.44x based on shares applied and 1.05x based on applications. In the retail category, SEBI mandates a minimum of one lot per applicant when possible. Allotment is done by lottery. At 1.05x applications received, approximately 1 in 1 retail applicants can expect an allotment. Applying from multiple accounts does not improve individual chances but increases household probability if each account is eligible.

NII Category: NII allotment is proportional, not by lottery. At 13.40x, an NII applicant applying for the minimum NII lot can expect a very small proportional allotment. Larger NII applications receive proportionally more shares but the effective return per rupee invested is diluted significantly at this oversubscription level.

QIB Category: QIB allotment is discretionary and handled by the book running lead managers. Retail investors do not participate in this category.

Check the Amir Chand Jagdish Kumar IPO IPO Allotment Status page from 30 March 2026 for your allotment result.

Amir Chand Jagdish Kumar IPO IPO GMP After Subscription

GMP for Amir Chand Jagdish Kumar IPO stands at Rs 5.00 today, giving an estimated listing price of Rs 177.00 per share.

A subscription of 3.41x combined with a GMP of 2.91% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the Amir Chand Jagdish Kumar IPO IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

Amir Chand Jagdish Kumar IPO IPO Day-wise Subscription

DayQIBNIIRetailOverall
Day 1 - 24 Mar 20260.61x4.86x0.39x1.26x
Day 2 - 25 Mar 20260.82x5.52x0.59x1.55x
Day 3 - 26 Mar 20261.18x13.40x1.44x3.41x

Amir Chand Jagdish Kumar IPO IPO Key Dates

EventDate
IPO Open Date24 March 2026
IPO Close Date27 March 2026
Allotment Date30 March 2026
Refund Initiation31 March 2026
Share Credit to Demat31 March 2026
Listing Date2 April 2026
Minimum InvestmentRs 0.00
Lot Size- shares

About Amir Chand Jagdish Kumar IPO

No company information available

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors

High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.

Retail - Retail Individual Investors

Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.

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Amir Chand Jagdish Kumar IPO IPO Subscription FAQs

What is the current subscription status of Amir Chand Jagdish Kumar IPO?

Amir Chand Jagdish Kumar IPO IPO closed on 27 March 2026 with an overall subscription of 3.41x based on shares applied. QIB subscribed 1.18x, NII 13.40x, and retail 1.44x.

What are the allotment chances for retail investors?

At 1.05x applications received in the retail category, approximately 1 in 1 retail applicants can expect an allotment. Allotment is done by lottery in the retail category when oversubscribed.

When will Amir Chand Jagdish Kumar IPO allotment be finalised?

Allotment will be finalised on 30 March 2026. You can check your allotment status on the Amir Chand Jagdish Kumar IPO IPO Allotment Status page from that date.

What happens after subscription closes?

After the subscription closes, the registrar processes all applications and finalises allotment on 30 March 2026. Refunds for unsuccessful applications are typically initiated before listing. Shares are credited to demat accounts before the listing date on 2 April 2026.

Can I apply after subscription closes?

No. The subscription window closed on 27 March 2026. All applications must be submitted during the open period. Late applications are rejected automatically.

What is the difference between QIB, NII, and Retail subscription?

QIB includes institutional investors such as mutual funds, FIIs, and banks. NII includes high net worth individuals applying above Rs 2 lakh. Retail includes individual investors applying up to Rs 2 lakh. Each category has separate reservation and different allotment rules.

How does subscription affect allotment chances?

Higher oversubscription means fewer applicants receive allotment. In the retail category, allotment is by lottery. In the NII category, allotment is proportional. At 3.41x overall subscription, competition for shares is moderate.

What is the issue size and lot size for Amir Chand Jagdish Kumar IPO?

Issue size is ₹440.00 Cr. Lot size is N/A shares. Minimum investment at the issue price of Rs 172.00 is Rs 0.00 per lot.

For allotment results from 30 March 2026, visit the Amir Chand Jagdish Kumar IPO IPO Allotment Status page. For listing day updates on 2 April 2026, download the IPOwiz App.

Reviewed by Dinesh Agrawal

15+ years in Indian capital markets and IPO research. Subscription data verified before publish.