Gaja Alternative Asset Management Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹18(11.25%)
Premium (ELP)
Following its successful public offering, Gaja Alternative Asset Management Limited's made its market debut on Aug 26, 2026 and is now actively traded on the NSE, BSEplatform. The IPO mobilized 3,43,75,000 Shares in total capital, including 2,81,25,000 Shares in primary equity infusion and ₹100.00 Cr in secondary share sales.
The offering was structured with a price band of ₹152 to ₹160 and minimum investment lots of 93 shares. Investor participation during the subscription window from Aug 19, 2026 to Aug 21, 2026 demonstrated market confidence in the company's prospects.
The allotment process concluded on Aug 24, 2026, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2004, Gaja Alternative Asset Management, operating under the brand name "Gaja Capital," is a leading private equity and alternative asset management firm in India. The company serves as an investment manager to India-focused funds, including Category I and II Alternative Investment Funds (AIFs), and acts as an advisor to offshore funds providing capital to Indian companies. Gaja Capital invests across diverse sectors such as electrical, electronics, and engineering (EEE), financial services, consumer goods, and digital technology. As of September 30, 2025, the firm employed 38 personnel, including both permanent and contractual staff.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Established Alternative Asset Management Platform: Gaja Capital is an established alternative asset management company providing investment management and advisory services to India-focused funds.
- Proven Track Record: The company has extensive experience managing and advising Gaja Capital Funds, supporting its strong position in the alternative asset management industry.
- Exposure to High-Growth Industry: The company operates in India's growing alternative asset management sector, providing opportunities to expand and invest across multiple industries.
- Dependence on Fund Performance: The company's income depends on the performance of the funds it manages and advises. Lower fund performance could impact management fees, carried interest, and overall revenue.
- Historical Returns May Not Continue: Past returns from the company's funds may not be repeated in the future. Investment returns can also take longer depending on market conditions and fund investment cycles.
- Unpredictable Carried Interest: Carried interest depends on fund performance and may vary in timing and amount. This can lead to fluctuations in the company's cash flows and income.
- Mr. Gopal Jain
- Mr. Ranjit Jayant Shah
- Mr. Imran Jafar
- Ms. Chitra Jain
- Ms. Mona Ranjit Shah
Gaja Alternative Asset Management Limited
Link Intime India Private Limited