
Gaja Alternative Asset Management IPO
GAJA
Last updated on 01/11/2026 | 07:00 IST
Gaja Alternative Asset Management IPO will open on 19 Aug '26 and close on 21 Aug '26, with the IPO allotment date scheduled for 24 Aug '26. The shares are scheduled to list on NSE with a tentative listing date fixed for 26 Aug '26. The price band is set at ₹152 to ₹160 per share with a minimum lot size of 93 shares. JM Financial Ltd. and IIFL Capital Services Ltd. are the book-running lead managers, while MUFG Intime India Pvt.Ltd. is the registrar of the issue; for detailed information, refer directly to the official Gaja Alternative Asset Management IPO RHP.
Free Demat with Zero AMC*
+ Free 1st Year AMC
Gaja Alternative Asset Management IPO Dates & Details
Open Date
19 Aug '26
Close Date
21 Aug '26
Allotment Date
24 Aug '26
Refund Date
25 Aug '26
Listing Date
26 Aug '26
Price Range
₹152 - ₹160
Min Investment
₹14,880
Lot Size
93
Listing at
NSE
IPO Document
Gaja Alternative Asset Management IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 1,26,64,473 crores |
| Non-Institutional Investors (NIIs) | 15% | 37,99,341.9 crores |
| Retail Individual Investors (RIIs) | 35% | 88,65,131.1 crores |
About Gaja Alternative Asset Management LTD IPO
Incorporated in April 1999, Gaja Alternative Asset Management Limited is an India-focused alternative asset management company with over two decades of experience in managing and advising Category I and Category II AIFs and offshore funds. The company invests across sectors such as education, energy and environment, financial services, consumer businesses, and digital technology, with a focus on mid-market opportunities.
Gaja Alternative Asset Management has built its track record through multiple investment cycles under the Gaja Capital Funds, including Fund II, Fund III and Fund IV. It has developed long-term relationships with investors across more than 20 countries. As of March 31, 2026, the company had committed around ?274 crore as Sponsor Commitment, representing 6.41% of the total size of the Gaja Capital Funds.
The company earns revenue mainly through management fees, carried interest and gains from its sponsor commitments. Its invest-and-collaborate approach involves working closely with portfolio companies on areas such as sales, product development, human resources and financial management. As of March 31, 2026, the company had 37 personnel, including 23 permanent and 14 contractual employees.
Gaja Alternative Asset Management IPO Strengths & Weaknesses
Over 20 years of experience in alternative asset management with a proven track record across multiple fund cycles.
Diversified sector focus and a mid-market investment strategy supporting value creation.
Invest-and-collaborate approach that helps portfolio companies improve operations and growth.
Strong relationships with investors across global markets.
Experienced management team with significant industry expertise.
Meaningful Sponsor Commitment that aligns the company’s interests with investors.
Dependence on fund performance, successful investments, and timely exits for revenue generation.
Concentration risk due to reliance on a limited number of funds and investment strategies.
Changes in AIF regulations could affect the company’s operations and business prospects.
Market volatility may impact fundraising, valuations, and investment returns.
Dependence on key promoters and senior management creates key-person risk.
Gaja Alternative Asset Management IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹5 per share |
| Total Issue Size | 2,53,28,946 shares (aggregating up to ₹14,880 crores) |
| Fresh Issue | 56,25,000 shares (aggregating up to ₹2,81,25,000 crores) |
| Offer for Sale | 12,50,000 shares of ₹5 (aggregating up to ₹62,50,000 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 100 shares |
Gaja Alternative Asset Management IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Gaja Alternative Asset Management ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Gaja Alternative Asset Management IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Gaja Alternative Asset Management IPO Contact & Registrar Details
Contact Details
Address
302, 3rd Floor, Kanchenjunga Building, 18, Barakhamba Road, Connaught Place, Central Delhi, New Delhi
Phone Number
Website
Registrar Details
Registrar Name
MUFG Intime India Pvt.Ltd.
Phone Number
Gaja Alternative Asset Management Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| JM Financial Ltd. | IIFL Capital Services Ltd. |


