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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 5 sources · 7 days · First seen · Last updated
Gaja Alternative Asset Management IPO
Overview
Gaja Alternative Asset Management launched a ₹550 crore initial public offering (IPO) between August 19 and August 21, 2026. The offering included a ₹450 crore fresh issue and a ₹100 crore offer for sale, with a price band set between ₹152 and ₹160 per share.
During the subscription period, the issue saw strong interest, particularly from retail and non-institutional investors. By the second day of bidding, the issue had reached 86 percent subscription.
Following the subscription period, the company’s shares debuted on the BSE and NSE on August 26, 2026. The shares listed at approximately ₹185, representing a premium of roughly 15.6% to 16% over the upper IPO price. The total offering saw significant demand, with total bids reaching approximately 31.33 times the available shares.
Entities
NSE · Gaja Alternative Asset Management · BSE · Invesco Mutual Fund · SBI Securities
Timeline
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20 days ago
[BUSINESS] 4 sourcesGaja Capital shares debut with 16% premium over IPO priceGaja Alternative Asset Management shares debuted on the BSE and NSE at approximately ₹185, a 16% premium over its ₹160 IPO price, following a highly subscribed ₹550 crore offering.
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27 days ago
[BUSINESS] 2 sourcesGaja Alternative Asset Management IPO opens for subscriptionGaja Alternative Asset Management's ₹550 crore IPO is 86% subscribed as of its second day, with retail investors leading demand and a potential 14-15% listing gain indicated by grey market trends.
Sources
gamedaycole.com · hindi.business-standard.com · legaleraonline.com · news.abplive.com · news18.com