livemint_marketsabout 3 hours ago
NEUTRAL(90%)
hold
Published on the original source: 30 Mar 2026, 11:13 AM IST
Amir Chand Jagdish Kumar IPO allotment date likely today. GMP, steps to check share allotment status online
Read original sourceAI Analysis
The broader Indian market is experiencing a significant downturn, with Nifty and Sensex registering their longest weekly losing streak in over seven months. This weak sentiment could temper post-listing gains for new IPOs.
Trading Insight
For IPOs listing in a weak market, consider booking partial profits on listing day if there's a premium, or hold for long-term if the company fundamentals are strong, but be prepared for potential volatility.
Quick check: NIFTY neutral, SENSEX neutral.
Key Evidence
- •Amir Chand Jagdish Kumar IPO allotment date is likely today, 30 March 2026.
- •Allotment status can be checked through BSE, NSE, and IPO registrar Kfin Technologies.
- •The IPO was fully subscribed on Day 3, with a steady GMP of 3% ahead of listing (as per online context).
- •Risk flag: Overall market weakness and volatility (Nifty below 22,500, Sensex down over 1,100 pts).
- •Risk flag: Crude oil price surges amid geopolitical tensions (Iran War mentioned in context) could impact market sentiment further.
Sectors:Financial Services
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