SENSEX 77,264.51 NIFTY 50 24,175.65 USD/INR 95.37 GOLD ₹1,59,580/10g REPO RATE 5.25% CRR 3.00% PETROL (MUM) ₹111.21/L SILVER ₹2,43,892/kg
SENSEX 77,264.51 NIFTY 50 24,175.65 USD/INR 95.37 GOLD ₹1,59,580/10g REPO RATE 5.25% CRR 3.00% PETROL (MUM) ₹111.21/L SILVER ₹2,43,892/kg
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Gaja Alternative Asset Management IPO

GAJA · Finance - Asset Management · BSE,NSE

ListedMainboard

IPO Opportunity Score

63/100

Average Opportunity

Apply?

Selective Apply

Risk

Moderate

Est. listing gain

8–13%

Retail allotment odds

2.8%

HNI allotment odds

4.4%

Mixed signals — selective apply only if thesis fits your risk appetite. Prefer 1 lot to limit capital blocked.

Retail and HNI allotment odds are illustrative (often using total subscription as a proxy when category-wise data is unavailable).

🟠 Subscription heat: High Interest

Price band

₹152 – ₹160

GMP

+₹18.5 (+11.56%)

Est. listing

₹178.5

Issue size

₹550 Cr

Subscription

36.2x

Min. investment

₹14,880

GMP last updated: 26-Aug 9:34

About the company

Sector: FinanceSector m-cap: ₹2,234.31 CrISIN: INE18UN01038
The company serves as the investment manager for India-focused funds, including Category I and Category II Alternative Investment Funds (AIFs). It also provides advisory services to offshore investment funds that deploy capital into Indian businesses. Gaja Capital follows a diversified investment strategy, with exposure across multiple sectors such as education, financial services, consumer-focused businesses, and digital technology. Through its managed and advised funds, the company seeks to partner with businesses that demonstrate strong growth potential and long-term value creation opportunities. As of September 30, 2025, the company had a workforce of 38 employees, comprising both permanent and contractual personnel. Key Competitive Advantages • Established alternative asset management platform with a differentiated approach centered on enhancing enterprise value. • Strong track record of generating consistent investment performance across the Gaja Capital fund portfolio. • Well-positioned to benefit from the expanding alternative investment landscape in India, offering significant growth opportunities. • Collaborative investment philosophy focused on actively supporting and creating value within portfolio companies. • Alignment of interests with investors through meaningful participation and commitment to the funds managed by the company. "])self.__next_f.push([1,"28:T875,"])self.__next_f.push([1,"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.

Issue details

Face value₹5
Lot size93
Min. quantity93
Cut-off price₹160
Listing price₹185
ISININE18UN01038
Bidding hours (IST)10:00 – 17:00

Timeline

Pre-apply starts17 Aug 2026
Bidding opens19 Aug 2026
Bidding closes21 Aug 2026
Allotment starts24 Aug 2026
Allotment date25 Aug 2026
Refund initiation25 Aug 2026
Listing date26 Aug 2026
Mandate end2 Oct 2026

Registrar

MUFG Intime India Private Limited

Contact: Shanti Gopalkrishnan

Phone: +91 810 811 4949

gajaalternative.ipo@in.mpms.mufg.comVisit registrar website →

IPO data from Upstox; GMP from unofficial grey-market aggregators. GMP is not regulated and does not guarantee listing performance. Scorecard uses GMP + subscription heuristics — not investment advice.

About Gaja Alternative Asset Management IPO IPO

IPO detail with price band, GMP, scorecard, subscription heat, timeline and registrar links.

How it works

Review the opportunity score and documents (RHP/DRHP), then use allotment or GMP calculators.

Practical tips

Note allotment and listing dates on your calendar before you apply.

Important to know

GMP and scores are informational — not apply advice.

Frequently Asked Questions

What details are shown for Gaja Alternative Asset Management IPO?
Company summary, price band, timeline, lot size, and grey-market premium (GMP) when the data source provides them.
What is GMP and should I trust it?
GMP is an unofficial grey-market indication of listing sentiment. It can reverse quickly and is not a guarantee of listing gains.
Can I apply for the IPO on EnrichReturns?
No. Apply via ASBA through your bank or broker UPI flow as per the exchange process.
Where should I read official risk disclosures?
Always read the Red Herring Prospectus (RHP) and exchange filings. This page is informational, not investment advice.
How fresh is subscription and GMP data?
Figures depend on upstream feeds and may lag. Confirm live subscription on NSE/BSE and treat GMP as speculative.
Is SME different from mainboard?
Yes. SME IPOs have different lot sizes, eligibility, and liquidity profiles. Check the issue type before applying.