BY THE NUMBERS.
WHERE IT LANDED.
HOW FULL THE BUS GOT.
TICKET CLASSES.
HOW THE ISSUE IS BUILT.
The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.
ON THE DASHBOARD.
THE RUNNING RECORD.
WHO ELSE RUNS THIS LINE.
Notes: All the financial information for listed industry peers mentioned above is on a consolidated basis. P/E ratio is calculated as closing share price as on August 11, 2026, divided by the diluted EPS for year ended March 31, 2026. Diluted EPS refers to the diluted EPS sourced from the financial statements of the respective peer group companies for the Financial Year ended March 31, 2026. NAV of Equity share for the financial periods presented above have been adjusted with the impact of bonus issue and split of shares. RoNW is computed as consolidated profit after tax for the year as a percentage of closing Net Worth of the Financial Year ended March 31, 2026. Face Value per share and EPS have been adjusted with split of shares.
WHAT THE MONEY IS FOR.
WHO GETS WHICH SEATS.
Gaja Alternative Asset Management Limited is an alternative investment management company focused on managing and advising private equity and alternative investment funds in India. Operating under the "Gaja Capital" brand, the company has established itself as a recognized player in India's alternative asset management industry, with a focus on identifying and supporting high-growth businesses. 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.
ON THE ROSTER.
COMMON QUESTIONS.
What is the Gaja Alternative Asset Management IPO price band?+
The indicative price band is ₹160 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).
What is the lot size of the Gaja Alternative Asset Management IPO?+
One lot is 93 shares. At the upper band of ₹160, one lot works out to ₹14,880.
How many lots can a retail investor apply for in the Gaja Alternative Asset Management IPO?+
A retail application runs from 1 lot (93 shares, ₹14,880) up to 13 lots (1,209 shares, ₹1,93,440) — the most that fits under SEBI's ₹2 lakh retail ceiling.
What is the minimum HNI application in the Gaja Alternative Asset Management IPO?+
A small-HNI (sHNI) application starts at 14 lots — 1,302 shares, ₹2,08,320. A big-HNI (bHNI) application starts at 68 lots — 6,324 shares, ₹10,11,840, above the ₹10 lakh boundary.
When does the Gaja Alternative Asset Management IPO open and close?+
The issue opened on 19 Aug 2026 and closed on 21 Aug 2026. Dates can move — the registrar and the exchange notices are the record.
When is the Gaja Alternative Asset Management IPO allotment?+
Allotment is scheduled for 24 Aug 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.
When did Gaja Alternative Asset Management list?+
Listing took place on 26 Aug 2026 on NSE, BSE.
Where will Gaja Alternative Asset Management be listed?+
Gaja Alternative Asset Management is listed on NSE, BSE. It is a mainboard issue.
How large is the Gaja Alternative Asset Management IPO?+
The issue size is ₹550.00 Cr — a fresh issue of ₹450 cr and an offer for sale of ₹100 cr. Figures are indicative and subject to the RHP.
What is the difference between the fresh issue and the offer for sale in the Gaja Alternative Asset Management IPO?+
Money raised through the fresh issue goes to the company, which spends it on the purposes set out in the offer document. Money raised through the offer for sale goes to the shareholders who are selling, not to the company. That is a fact about how the issue is structured, not a view on it.
How was the Gaja Alternative Asset Management IPO subscribed?+
The issue was subscribed 32.98× overall. By category: qib 45.87×, nii 65.63×, small hni 44.85×, big hni 76.03×, retail 11.61×. Subscription figures are as reported by the exchanges.
At what price did Gaja Alternative Asset Management list?+
Gaja Alternative Asset Management listed at ₹185, +15.62% against the issue price.
Who is the registrar for the Gaja Alternative Asset Management IPO?+
The registrar to the issue is MUFG Intime India Pvt.Ltd. (022-49186000), gajaalternative.ipo@in.mpms.mufg.com.
Where can I check the Gaja Alternative Asset Management IPO allotment status?+
Allotment status is published by the registrar on its own official portal: https://in.mpms.mufg.com/Initial_Offer/public-issues.html. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.