Amir Chand sets IPO price band

Basmati rice exporter Amir Chand Jagdish Kumar (Exports) Ltd has fixed a price band of Rs 201-212 per share for its upcoming Initial Public Offering (IPO), valuing the company at Rs 2,200 crore.

In a public announcement on Thursday, the company said its Rs 440 crore maiden public offering (IPO) will open for subscription on March 24 and conclude on March 27. Bidding for investor bidding is scheduled to take place on March 23.