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Gaja Alternative IPO

Open 19 Aug 2026 · Close 21 Aug 2026 · Listing

Price Band₹152.00–₹152.00
Live GMPNO GMP
SubscriptionNO DATA
Issue Size₹550.00 Cr

At a glance

Updated 2026-08-31 23:53:32

Gaja Alternative is an IPO with an issue size of ₹550.00 crore, proposed for listing on NSE EMERGE. The offer opens on 19 Aug 2026 and closes on 21 Aug 2026.

Issue details

Listing atNSE EMERGE
Issue size₹550.00 Cr
Price band₹152.00–₹152.00

Grey market

GMP page ↗
Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens19 Aug 2026
Closes21 Aug 2026

Subscription demand

Full bidding ↗
QIB45.87×
sHNI44.85×
bHNI76.03×
NII / HNI76.03×
Retail11.62×

Lot size

InvestorLotsSharesAmount
Retail (Min)193₹14,880
Retail (Max)131209₹193,440
S-HNI (Min)141302₹208,320
S-HNI (Max)676231₹996,960
B-HNI (Min)686324₹1,011,840

Company

Use of proceeds

ObjectAmount
Investing towards Sponsor Commitments to certain existing funds, new funds and for repayment of the Bridge Loan Amount₹372.00 Cr
General Corporate Purposes

Financial performance

Year-wise operating scale, profitability and balance-sheet context.
Full financials ↗
Assets339.82₹ Cr · -12.6% vs prior year
Net Worth289.20₹ Cr · -13.4% vs prior year

FY26

Assets706.49
Net Worth606.52
Total Debt41.56
RevenueAnnualised basis135.51
EBITDAAnnualised basis72.05
PATAnnualised basis81.96
EBITDA Margin (%)53.17

FY25

Assets451.87
Net Worth393.46
Total Debt4.00
RevenueAnnualised basis122.00
EBITDAAnnualised basis60.81
PATAnnualised basis61.95
EBITDA Margin (%)49.84

FY24

Assets388.60
Net Worth333.95
Total Debt3.52
RevenueAnnualised basis95.64
EBITDAAnnualised basis[●]
PATAnnualised basis44.74
EBITDA Margin (%)[●]

FY23

Assets339.82
Net Worth289.20
Total Debt4.23
RevenueAnnualised basis55.81
EBITDAAnnualised basis[●]
PATAnnualised basis41.26
EBITDA Margin (%)[●]

Peer comparison

CompanyEPSP/ERoNWNAV
Gaja Alternative Asset Management IPO27.54 x
Turtlemint Fintech IPO-
Onemi Technology IPO10.84 x
Aye Finance IPO24.64 x

Registrar & lead managers

Lead managers

  • Location

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-31 23:53:32.
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