Exchanges
BSE, NSE
Industry
Asset Management Company
Issue
Book building

Gaja Alternative Asset Management IPO

₹168.67

+5.42% on listing

Listing-day close · NSE · 26 Aug 2026 · issue price ₹160

Gaja Alternative Asset Management’s ₹550 crore IPO was priced at ₹160 a share. It listed on the NSE on 26 Aug 2026 and closed its first day at ₹168.67, up 5.42% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹550 Cr
Fresh issue
₹450 Cr
Offer for sale
₹100 Cr
Lot size
93 shares
Minimum investment
₹14,880
Face value
₹5
Registrar
MUFG Intime India

Subscription

Gaja Alternative Asset Management IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—23.30×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,256 Cr
P/E (post-issue)
27.5
EPS (post-issue)
₹5.81
Price to book
3.0
ROE
16.47%
Debt to equity
0.07
PAT margin
51.94%
Promoter holding
71.03% → 54.23%

Financials as of 31 Mar 2026, from the offer documents.

Listing

Listing date
26 Aug 2026
Issue price
₹160
Open
₹185.00
High
₹191.65
Low
₹165.40
Close
₹168.67

Listing day on the NSE. The close was +5.42% on the issue price.

FAQs

When did the Gaja Alternative Asset Management IPO open and close?

It opened on 19 Aug 2026 and closed on 21 Aug 2026.

What was the Gaja Alternative Asset Management IPO price?

The price band was ₹152–160 a share. The final issue price was ₹160.

What is the lot size and minimum investment?

One lot is 93 shares, ₹14,880 at ₹160 a share. Retail investors apply in whole lots.

How much did Gaja Alternative Asset Management raise?

₹550 crore: ₹450 crore of new shares and ₹100 crore offered by existing shareholders.

How many times was the Gaja Alternative Asset Management IPO subscribed?

23.30 times overall.

How did Gaja Alternative Asset Management list?

It listed on the NSE on 26 Aug 2026 at ₹185.00 and closed the day at ₹168.67, up 5.42% on the ₹160 issue price.

Who is the registrar of the Gaja Alternative Asset Management IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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