Amir Chand Jagdish Kumar IPO heads for listing today with just 2% GMP. What to expect?
Amir Chand Jagdish Kumar's stock market debut on April 2 shows subdued grey market signals, with a marginal premium indicating limited listing gains. The Rs 440 crore IPO, priced at Rs 212, saw moderate overall subscription driven by high-net-worth investors, while retail interest was tepid. Concerns over thin margins and aggressive valuation may impact its debut.