Gaja Alternative Asset Management IPO listing: listed at ₹185, +15.6% over the issue price
Gaja Alternative Asset Management listed on NSE, BSE on 26 Aug 2026 at ₹185 per share, +₹25 (+15.6%) against the upper price band of ₹160. The issue (price band ₹160, bidding 19 Aug 2026 to 21 Aug 2026) was subscribed 32.98x overall. The last grey-market premium we captured before listing was ₹17 on 25 Aug 2026 (daily average of 5 quotes), which implied a listing price of ₹177; the shares listed at ₹185, ₹8 above that.
Updated 6 Oct 2026, 19:02 IST. Dated dealer references.
Listing day facts
| Listing date | 26 Aug 2026 |
|---|---|
| Exchange | NSE, BSE |
| Listing price | ₹185 |
| Upper price band (issue price basis) | ₹160 |
| Gain or loss vs upper band | +₹25 per share (+15.6%) |
| Price band | ₹160 |
| Issue dates | 19 Aug 2026 to 21 Aug 2026 |
| Subscription (overall, at close) | 32.98x, as of 21 Aug 2026 |
| Lot size | 93 shares |
| Gain or loss per lot vs upper band | +₹2,325 |
Grey-market premium against the actual listing
The last grey-market premium we captured before listing was ₹17 on 25 Aug 2026 (daily average of 5 quotes), which implied a listing price of ₹177; the shares listed at ₹185, ₹8 above that.
| Date | GMP | Implied listing price | Actual listing vs implied | Quotes captured |
|---|---|---|---|---|
| 17 Aug 2026 | ₹9 | ₹169 | +₹16 (+9.5%) | 4 |
| 18 Aug 2026 | ₹11 | ₹171 | +₹14 (+8.2%) | 9 |
| 19 Aug 2026 | ₹26 | ₹186 | −₹1 (−0.5%) | 11 |
| 20 Aug 2026 | ₹20 | ₹180 | +₹5 (+2.8%) | 11 |
| 21 Aug 2026 | ₹17 | ₹177 | +₹8 (+4.5%) | 13 |
| 22 Aug 2026 | ₹18 | ₹178 | +₹7 (+3.9%) | 12 |
| 23 Aug 2026 | ₹17 | ₹177 | +₹8 (+4.5%) | 10 |
| 24 Aug 2026 | ₹16 | ₹176 | +₹9 (+5.1%) | 12 |
| 25 Aug 2026 | ₹17 | ₹177 | +₹8 (+4.5%) | 5 |
GMP is unofficial and unregulated; these are the quotes our desk feed captured, averaged by day. Only the price band and the exchange listing price are official.
Frequently asked questions
What was the Gaja Alternative Asset Management IPO listing price?
Gaja Alternative Asset Management listed on NSE, BSE on 26 Aug 2026 at ₹185 per share.
How did Gaja Alternative Asset Management list against the issue price?
The listing price of ₹185 was +₹25 per share (+15.6%) against the upper price band of ₹160.
What did the grey market indicate before Gaja Alternative Asset Management listed?
The last grey-market premium we captured before listing was ₹17 on 25 Aug 2026 (daily average of 5 quotes), which implied a listing price of ₹177; the shares listed at ₹185, ₹8 above that. GMP is unofficial and not a forecast.
Where do Gaja Alternative Asset Management shares trade now?
On NSE, BSE. Check the exchange for the current quote; BuyUnlistedShares tracks unlisted shares and does not quote listed prices.
Gaja Alternative Asset Management IPO overview · GMP history · Subscription status · Allotment status
Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.
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