IPO calendar stays muted with just 2 issues opening this wee...
05 Apr 2026
The subscription for the initial public offerings (IPOs) of Powerica, Sai Parenteral and Amir Chand Jagdish Kumar will close on Friday, March 27. As per the latest GMP trends, investors can expect potential gains of upto 4% when the IPOs debut next week.
Subscriptions for the IPOs generally pick up on the last day of bidding, hence investors will be closely monitoring the grey market premiums for these three IPOs.
Investors looking to bid on any of these three IPOs should review the detailed background before making an informed decision.
As per the latest BSE data on March 27, among the three IPOs, Amir Chand Jagdish Kumar has received a good response from the investors with an overall subscription of 1.47 times. Whereas, IPOs of Powerica and Sai Parenteral have so far received a tepid investor response with low subscription numbers of 0.03 and 0.41, respectively.
Despite current volatile market conditions, these IPOs remain in focus for grey market traders who estimate the possible listing price based on the grey market premium.
Here's everything you need to know about the IPOs of Amir Chand Jagdish Kumar, Powerica and Sai Parenteral, including the latest grey market premium, price band, offer size, allotment date, listing details and more.
Amir Chand Jagdish Kumar IPO: All You Need To Know
According to InvestorGain, the latest GMP for the Amir Chand Jagdish Kumar (Exports) IPO was Rs 8 on March 27. This means the company's unlisted shares were trading at Rs 220 apiece in the grey market, with an expected listing gain of 3.77%.
The Amir Chand Jagdish Kumar (Exports) IPO is a book-build issue of Rs 440 crore.. The IPO was subscribed 1.47 times on the second day of bidding on March 25. It received bids for 2,77,21,680 shares against 1,89,05,270 shares offered.
The Amir Chand Jagdish Kumar (Exports) IPO is a book build issue of Rs 440 crore. It comprises a fresh issue of 2.08 crore shares. The IPO price band is set at Rs 201 to Rs 212 per share.
To participate in the IPO, retail investors must bid for a single lot of 70 shares, which requires an investment of Rs 14,840.
What is the allotment date for Amir Chand Jagdish Kumar IPO?
The allotment status for Amir Chand Jagdish Kumar IPO is likely to be finalised on Monday, March 30. Investors can check their allotment status on the websites of BSE, NSE and the registrar, KFin Technologies Limited.
What is the listing date for Amir Chand Jagdish Kumar shares?
Shares of Amir Chand Jagdish Kumar (Exports) are scheduled to list on the BSE and NSE on Thursday, April 2.
Amir Chand Jagdish Kumar (Exports) processes and exports basmati rice, notably under its flagship brand "Aeroplane". Other brands include La-Taste, Alibaba, and World Cup.
Key Details
Allotment Status Date: March 30, 2026
Refund Initiation: April 1, 2026
Listing Date: April 2, 2026
Price Band: ₹201 - ₹212 per share
Lot Size: 70 shares
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Powerica IPO: All You Need To Know
According to InvestorGain, the latest GMP for the Powerica IPO was Rs 1 per share on March 26. It indicates that the unlisted shares were trading at Rs 396 apiece in the private market, at a premium of 0.25% over the upper limit of the IPO price band.
The Powerica IPO was subscribed 0.03 times on the second day of bidding on March 25. The IPO received bids for 5,22,995 shares against 2,05,55,171 shares offered.
The Powerica IPO is a book build issue of Rs 1,100 crore. It comprises a fresh issue of 1.77 crore shares worth Rs 700 crore and an offer-for-sale (OFS) of 1.01 crore shares amounting to Rs 400 crore. The IPO price band is fixed at Rs 375 to Rs 395 per share.
To participate in the IPO, retail investors must bid for a single lot of 37 shares, which requires an investment of Rs 14,615.
The share allotment status is expected to be finalised on Monday, March 30. Shares of Powerica will be listed on the BSE and NSE on Thursday, April 2.
Powerica is a power solutions provider specialising in manufacturing and servicing diesel generator sets. It was established in 1984.
Key Details
Allotment Status Date: March 30, 2026
Refund Initiation: April 1, 2026
Listing Date: April 2, 2026
Price Band: ₹375 - ₹395 per share
Lot Size: 37 shares
Sai Parenteral IPO: All You Need To Know
The GMP for the Sai Parenteral IPO was Rs 0 on March 27, indicating a flat listing.
The Sai Parenteral IPO was subscribed 0.41 times on the second day of bidding on March 25. The IPO received bids for 30,82,788 shares against 75,22,486 shares offered.
The Sai Parenteral IPO is a book build issue of Rs 408.79 crore. It comprises a fresh issue of 73 lakh shares worth Rs 285 crore and an OFS of 32 lakh shares amounting to Rs 123.79 crore. The IPO price band is set at Rs 372 to Rs 392 per share.
Retail investors can participate in the IPO by bidding for a single lot size of 38 shares, requiring an investment of Rs 14,896.
The share allotment status is expected to be finalised on Monday, March 30. The company's shares are scheduled to list on the BSE and NSE on Thursday, April 2.
Sai Parenterals operates as a diversified pharmaceutical formulations firm, with capabilities spanning research, development and manufacturing.
Key Details
Allotment Status Date: March 30, 2026
Refund Initiation: April 1, 2026
Listing Date: April 2, 2026
Price Band: ₹372 - ₹392 per share
Lot Size: 38 shares
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Note: GMP does not represent official data and is based on speculation.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.
