Market Pulse
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
Reconnecting…
Home/IPO/Gaja Alternative Asset Management IPO
Updated: 26-Aug 9:34
Gaja Alternative Asset Management

Gaja Alternative Asset Management IPO

ListedIPO

Listing at: BSE, NSE • Sector: Pending Review • 302, 3rd Floor, Kanchenjunga Building,18, Barakhamba Road,Connaught Place, Central Delhi,New Delhi, New Delhi, 110001

Allotment status Not declared yet

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

Live GMP Today
₹18.5 (11.56%)
Rating:3/5
Est. Listing Price
₹178.5
Est. Gain: +11.6%
Est. Profit / Lot
₹1,721
Per Retail Application
Price Band
₹152 - ₹160
Face Value: ₹5
Min. Retail Inv.
₹14,880
Lot: 93 Shares
Total Subscription
32.98x
Anchor: Yes

Gaja Alternative Asset Management IPO GMP History

Genuine daily snapshots retained by the WeeStox backend

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

GMP dateIPO priceGMPPremiumEst. profit / lotSubscriptionMovement
01 Sept 2026₹160+₹18.511.56%+₹1,720.532.98xFlat
29 Aug 2026₹160+₹18.511.56%+₹1,720.532.98x↓ Down
25 Aug 2026₹160+₹1911.88%+₹1,76732.98x↑ Up
24 Aug 2026₹160+₹1610.00%+₹1,48832.98x↓ Down
23 Aug 2026₹160+₹17.2510.78%+₹1,604.2532.98x↑ Up
14 Aug 2026₹160₹00.00%+₹0-Flat

Explore the complete GMP movement

Open the chart and all available daily records.

Gaja Alternative Asset Management IPO Details

IPO Date18 Aug 2026 to 20 Aug 2026
Listing AtBSE, NSE
Face Value₹5 per share
Price Band₹152 - ₹160
Lot Size93 Shares
Total Issue Size₹550.00 Cr(₹1,255.57 Cr)
Fresh Issue281.00L shares (₹450 Cr)
Offer for Sale (OFS)₹100 Cr (approx 2.74 Cr shares)
Issue TypeBook Built Issue IPO

Gaja Alternative Asset Management IPO Timetable

IPO Open Date18 Aug 2026
IPO Close Date20 Aug 2026
Basis of Allotment23 Aug 2026
Initiation of Refunds24 Aug 2026
Credit of Shares to Demat24 Aug 2026
Listing Date25 Aug 2026
Cut-off time for UPI Mandate5 PM on 20 Aug 2026
Employee Discount₹20.00/share (Up to 52,083 shares)

Gaja Alternative Asset Management IPO Reservation

CategoryReservationShares Offered
QIB Shares Offered50.00%1,71,87,500
− Anchor Investor Shares Offered30.00%1,03,12,500
− QIB (Ex. Anchor) Shares Offered20.00%68,75,000
NII (HNI) Shares Offered15.00%51,56,250
− bNII > ₹10L Shares Offered10.00%34,37,500
− sNII < ₹10L Shares Offered5.00%17,18,750
Retail Shares Offered35.00%1,20,31,250

Gaja Alternative Asset Management Anchor Details

Anchor Bid Date17 Aug 2026
Anchor Shares Offered1,03,12,500 Shares
Total Anchor Portion₹165 Cr
Lock-in 50% End Date21 Sept 2026 (30 Days)
Lock-in Rem. 50% Date20 Nov 2026 (90 Days)

Gaja Alternative Asset Management IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)Reserved Applications
Retail (Min)1 Lot Shares₹14,880–
Retail (Max)13 Lots Shares₹1,93,440–
S-HNI (Min)14 Lots Shares₹2,08,320–
S-HNI (Max)67 Lots Shares₹9,96,960–
B-HNI (Min)68 Lots Shares₹10,11,840–

Gaja Alternative Asset Management Promoter Holding

Pre-Issue HoldingDisclosed in RHP
Post-Issue HoldingTo be calculated

Gaja Alternative Asset Management IPO Live Subscription Status

Bidding demand breakdown by shares, institutional demand in ₹ Cr, applications & HNI funding cost
Overall Demand:32.98x
Investor CategoryShares OfferedShares BiddedSubscription Times
QIB (Ex Anchor)68,75,00031,53,82,71645.87x
NII51,56,25033,84,15,37565.63x
bNII (> ₹10L)34,37,50026,13,36,13876.03x
sNII (< ₹10L)17,18,7507,70,79,23744.85x
Retail1,20,31,25013,97,36,12711.61x
Total2,40,62,50079,35,34,21832.98x

Gaja Alternative Asset Management Limited Financial Information (Restated Consolidated in ₹ Crores)

Period EndedAssetsTotal IncomeProfit After TaxEBITDANet WorthTotal Borrowing
30 Mar 2026₹706.49 Cr₹157.80 Cr₹81.96 Cr₹72.05 Cr₹606.52 Cr₹41.56 Cr
30 Mar 2025₹451.87 Cr₹123.31 Cr₹61.95 Cr₹60.81 Cr₹388.97 Cr₹4.00 Cr
30 Mar 2024₹388.60 Cr₹103.96 Cr₹44.74 Cr₹49.25 Cr₹331.88 Cr₹3.51 Cr

Gaja Alternative Asset Management Key Valuation & Financial KPIs

ROE16.47%
ROCE–
Debt / Equity0.07x
P/E (Post IPO)27.54
EBITDA Margin–
Market Cap₹2378.4 Cr

About Gaja Alternative Asset Management Limited

Gaja Alternative Asset Management IPO is a book build issue of ₹550.00 crores. The issue is a combination of fresh issue of 2.81 crore shares aggregating to ₹450.00 crores and offer for sale of 62.50 lakh shares aggregating to ₹100.00 crores.Gaja Alternative Asset Management IPO bidding started from Aug 19, 2026 and ended on Aug 21, 2026. The allotment for Gaja Alternative Asset Management IPO was finalized on Aug 24, 2026. The shares got listed on NSE and BSE on Aug 26, 2026.Gaja Alternative Asset Management IPO is set final issue price at ₹160 per share. The lot size for an application is 93 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,880 (93 shares) (based on upper price).JM Financial Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.Refer to Gaja Alternative Asset Management IPO RHP for detailed Information.

Incorporated in April 1999, Gaja Alternative Asset Management Limited is an independent, home-grown alternative asset management company with over two decades of experience in managing and advising India-focused funds, including Category I and Category II AIFs, as well as offshore funds investing in India. The Company focuses on alternative investments across sectors such as education, energy and environment, financial services, consumer and digital technology, with a differentiated investment approach focused on the mid-market segment. Gaja Alternative Asset Management has built a strong track record through multiple fund cycles, with the Gaja Capital Funds comprising Fund II, Fund III and Fund IV, supported by long-standing relationships with investors across more than 20 countries. The Company had committed approximately ₹274 crore as Sponsor Commitment, representing 6.41% of the total size of the Gaja Capital Funds as of March 31, 2026. The Company generates income through management fees, carried interest and gains from sponsor commitments, with a focus on capturing the economic value generated by the funds managed and advised by it. Gaja Capital follows an invest-and-collaborate approach, working closely with portfolio companies across areas such as product, sales, human resources and financial management. As of March 31, 2026, the Company had 37 personnel, including 23 permanent and 14 contractual employees. • Well-established alternative asset management company with over 20 years of experience. • Proven track record of consistent performance across Gaja Capital Funds. • Focus on the high-growth alternative asset management industry in India. • Differentiated invest-and-collaborate approach focused on value creation. • Strong alignment of interests with investors through significant Sponsor Commitment. • Experienced promoters and management team with deep industry expertise. • Long-standing relationships with a diverse global investor base. • Robust financial growth and strong balance sheet.

Shariah Compliance Screening (AAOIFI Standard 21)

Business ActivityRequires ReviewImpermissible Revenue ≤ 5%
Debt-to-Assets RatioN/AThreshold ≤ 33% of Assets
Purification GuidanceStandard 0.5%Donate interest dividend fraction
Auditor Notes: Sector information not available — cannot screen business activity

Gaja Alternative Asset Management IPO Documents & Reports

Official prospectus, reports and regulatory filings
Document TitleAuthority / HostStatusAction
Red Herring Prospectus (RHP)
Complete offer document filed with ROC & SEBI
SEBI / ROCAvailable View RHP
Draft Red Herring Prospectus (DRHP)
Initial regulatory draft submitted for public comments
SEBI FilingsFiled View DRHP
Anchor Investor Allocation Report
Allotment list to institutional bidders
BSE / NSE CircularDisclosedNot Applicable
IPO Allotment Status & Basis of Allotment
Registrar query portal via PAN / Application No.
MUFG Intime India Pvt.Ltd.Live Portal Check Allotment
Corporate Website & Investor Relations
Official portal and financial reports
Issuer PortalActive Visit Portal

Gaja Alternative Asset Management IPO Registrar & Lead Managers

Registrar of the Issue
MUFG Intime India Pvt.Ltd.
022-49186000
Book Running Lead Managers (BRLM)
  • JM Financial Ltd.
  • IIFL Capital Services Ltd.
Registered Office

302, 3rd Floor, Kanchenjunga Building,18, Barakhamba Road,Connaught Place, Central Delhi,New Delhi, New Delhi, 110001