Gaja Alternative Asset Management Limited
ListedMainboardFinancial Services & Investments · NSE / BSE
Incorporated in 2004, Gaja Alternative Asset Management, operating under the brand name "Gaja Capital," is a leading private equity and alternative asset management firm in India. The company serves as an investment manager to India-focused funds, including Category I and II Alternative Investment Funds (AIFs), and acts as an advisor to offshore funds providing capital to Indian companies. Gaja Capital invests across diverse sectors such as electrical, electronics, and engineering (EEE), financial services, consumer goods, and digital technology. As of September 30, 2025, the firm employed 38 personnel, including both permanent and contractual staff.
Price Band
₹152 – ₹160
Issue Size
₹3437.50 L Cr
Lot Size
93 shares
GMP
₹18.5
+11.6%
Est. Listing
₹178.5
at current GMP
Subscribed
32.98x
overall
Open
19 Aug 2026
Close
21 Aug 2026
Allotment
24 Aug 2026
Refund
25 Aug 2026
Demat Credit
26 Aug 2026
Listing
26 Aug 2026
Last updated about 1 month ago
Overall Subscription
32.98x
Total Demand
QIB Multiplier
45.87x
Institutions & Funds
NII / HNI
65.63x
High Net-Worth
Retail (RII)
11.62x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 6,875,000 | 315,382,716 | 45.87x |
| NIB | 5,156,250 | 338,420,583 | 65.63x |
| HNIs(10L +) | 3,437,500 | 261,336,138 | 76.03x |
| HNIs (2-10L) | 1,718,750 | 77,084,445 | 44.85x |
| RETAIL | 12,031,250 | 139,758,633 | 11.62x |
| Total | 29,218,750 | 1,131,982,515 | 32.98x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 129,368 | 1,344,461 | 10.39x |
| HNIs(10L +) | 2,640 | 40,783 | 15.45x |
| HNIs (2-10L) | 1,320 | 57,432 | 43.51x |
| Total Applications | 133,328 | 1,442,676 | 10.82x |
Day-Wise Subscription Progress
About Gaja Alternative Asset Management Limited Public Issue & Market Profile
Gaja Alternative Asset Management Limited is bringing an initial public offering (IPO) in the Financial Services & Investments sector with an aggregate issue size of ₹3,43,75,000 Crores. The shares are offered at a price band of ₹152 to ₹160 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2026-08-21, the basis of allotment is scheduled to be finalized on 2026-08-24. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is the issue size and price band for Gaja Alternative Asset Management Limited IPO?
The Gaja Alternative Asset Management Limited IPO aggregate issue size is ₹3,43,75,000 Crores with an equity price band set at ₹152 to ₹160 per equity share. The retail lot size is 93 shares requiring a minimum capital outlay of approx. ₹14,880.
How can I check Gaja Alternative Asset Management Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Gaja Alternative Asset Management Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2026-08-24.