The stock has now plunged around 43% from its IPO price and is trading nearly 40% below its listing level. It listed at ₹195 on the BSE, down 8.02% from the issue price, and further declined 17.22% to close at ₹175.50 — its lower price band on the day. On the NSE, the stock opened at ₹200, reflecting a 5.66% discount, and later slipped 15.09% to settle at ₹180, also at its lower circuit limit. Amir Chand Jagdish Kumar IPO, valued at ₹440 crore, was oversubscribed by 3.23 times on its final day, March 27. Also Read | Amir Chand Jagdish Kumar IPO listing tomorrow.

Source: Mint April 09, 2026 10:47 UTC