Gaja Alternative Asset Management IPO 2026: Price Band, Dates, Lot Size & Key Details

Gaja Alternative Asset Management IPO 2026: Price Band, Dates, Lot Size & Key Details

Overview

Gaja Alternative Asset Management IPO 2026 is a mainboard book-building issue from an India-focused alternative asset management company. Incorporated in April 1999, the company is an independent, home-grown alternative asset manager with more than two decades of experience managing and advising India-focused funds, including Category I and Category II Alternative Investment Funds (AIFs) as well as offshore funds investing mainly in mid-sized Indian companies. The IPO opens for subscription on August 19, 2026, and closes on August 21, 2026, with shares proposed to be listed on both the BSE and the NSE.

Gaja Alternative Asset Management IPO: Key Details

Price Band and Lot Size

The price band for the Gaja Alternative Asset Management IPO has been fixed at ₹152 to ₹160 per equity share. The lot size is 93 shares, meaning retail investors must apply for a minimum of one lot. At the upper end of the price band, one lot works out to a minimum investment of ₹14,880. Retail investors can bid for a maximum of 13 lots (1,209 shares), which amounts to ₹1,93,440 at the upper price band.

Important Dates to Remember

• IPO Opens: Wednesday, August 19, 2026

• IPO Closes: Friday, August 21, 2026

• Basis of Allotment Finalisation: Monday, August 24, 2026

• Tentative Listing Date: Wednesday, August 26, 2026 (BSE and NSE)

Issue Structure

The IPO is structured as a book-built issue with a total size of ₹550 crore. This comprises a fresh issue of shares aggregating to ₹450 crore and an offer for sale (OFS) component of ₹100 crore from existing shareholders, including promoters. Funds raised through the fresh issue are typically earmarked for purposes disclosed in the Red Herring Prospectus (RHP), such as sponsor commitments to funds, general corporate purposes, and other business needs.

About the Business

The company operates as an alternative asset management and private equity firm, managing multiple funds with investors from more than 20 countries. It earns revenue through three primary channels: management fees on assets under management, carried interest representing a share of profits when a fund performs well, and gains on its own capital invested alongside fund investors. As of March 31, 2026, the company had committed approximately ₹274 crore of its own money as sponsor commitment, representing about 6.41% of the total size of its managed funds. The company follows an active, collaborative approach, working closely with portfolio companies on product strategy, sales, hiring, and finance.

Financial Snapshot

The company reported revenue of ₹157.80 crore in FY26, up from ₹123.31 crore in FY25. Profit for FY26 stood at ₹81.96 crore, compared with ₹61.95 crore in the previous fiscal year.

How to Apply

Investors can apply for the Gaja Alternative Asset Management IPO online through ASBA (via net banking) or UPI-based applications offered by most stockbrokers and banking apps. The process typically involves selecting the IPO from the broker or bank's IPO section, entering the desired number of lots and bid price within the band, and authorizing the payment via a UPI mandate or ASBA block on the linked bank account.

Points to Keep in Mind

• The price band and dates mentioned are as announced at the time of writing and are subject to change; always verify the latest details from the exchange or registrar website.

• Read the Red Herring Prospectus (RHP) or Draft Red Herring Prospectus (DRHP) carefully for complete information on the business, risk factors, and use of proceeds.

• IPO allotment is not guaranteed and depends on the overall subscription level across investor categories.

• Market conditions and grey market trends can change quickly and do not guarantee listing-day performance.

Frequently Asked Questions (FAQs)

Q1. When does the Gaja Alternative Asset Management IPO open and close?

The IPO opens for subscription on August 19, 2026, and closes on August 21, 2026.

Q2. What is the price band of the Gaja Alternative Asset Management IPO?

The price band is set at ₹152 to ₹160 per equity share.

Q3. What is the lot size for the Gaja Alternative Asset Management IPO?

The lot size is 93 shares per lot.

Q4. What is the minimum investment required for retail investors?

The minimum investment is ₹14,880, based on one lot at the upper price band of ₹160.

Q5. What is the maximum number of lots a retail investor can apply for?

Retail investors can apply for a maximum of 13 lots (1,209 shares), amounting to ₹1,93,440 at the upper price band.

Q6. What is the total issue size of the Gaja Alternative Asset Management IPO?

The total issue size is ₹550 crore, comprising a fresh issue of ₹450 crore and an offer for sale of ₹100 crore.

Q7. On which stock exchanges will the shares be listed?

The shares are proposed to be listed on both the BSE and the NSE.

Q8. When is the allotment date and listing date?

The basis of allotment is expected to be finalized on August 24, 2026, with the tentative listing date set for August 26, 2026.

Q9. Who is the registrar for the Gaja Alternative Asset Management IPO?

MUFG Intime India Pvt. Ltd. is the registrar for the issue.

Q10. How can I apply for the Gaja Alternative Asset Management IPO?

Investors can apply online through ASBA via net banking or through UPI-based applications offered by their stockbroker or bank.

Disclaimer:

This is written for educational and informational purposes only. Nothing here constitutes investment advice or a recommendation to buy or sell securities. All data is sourced from publicly available information. Investments in securities markets are subject to market risks — please read all offer documents carefully before investing.