Gaja Alternative Asset Management IPO listed +15.6%
Gaja Alternative Asset Management IPO price band is ₹152 to ₹160 per share with a lot size of 93 shares, so one lot costs ₹14,880 at the upper band. Bidding opened on 19 August 2026 and closed on 21 August 2026. The issue was subscribed 15.63 times overall as of 21-Aug-2026 19:00:47 IST. It listed on 26 August 2026 at ₹185.00 against an issue price of ₹160.00, and closed day one at ₹168.67 (+5.4%).
IPO data from NSE. Last updated 09:37 IST, 4 Oct 2026. Source and method
Price band
₹152 to ₹160
Final price ₹160.00
Lot size
93
shares per lot
1 lot at upper band
₹14,880
Mainboard
Listing gain (open)
+15.6%
+₹25.00
Gaja Alternative Asset Management IPO dates
- 19 Aug 2026Bidding opens
- 21 Aug 2026Bidding closes
- 26 Aug 2026Listing on exchange
Dates as published by NSE.
Issue details
- Company
- Gaja Alternative Asset Management
- NSE symbol
- GAJA
- Board
- Mainboard
- Issue type
- 100% Book Building
- Price band
- ₹152 to ₹160
- Face value
- Rs. 5
- Industry
- Asset Management Company
- Registrar
- MUFG Intime India Private Limited
- Lead manager
- JM Financial Limited and IIFL Capital Services Limited
- ISIN
- INE18UN01038
Offer structure as filed: Initial Public Offer comprising of Fresh Issue aggregating up to Rs. 4,500 million and Offer for Sale aggregating up to Rs. 1,000 million. (Including Anchor Investor portion of 1,03,12,500 Equity Shares)
Lot size and minimum investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail, minimum | 1 | 93 | ₹14,880 |
| Retail, maximum | 13 | 1,209 | ₹1,93,440 |
| Small HNI (sNII), minimum | 14 | 1,302 | ₹2,08,320 |
| Small HNI (sNII), maximum | 67 | 6,231 | ₹9,96,960 |
| Big HNI (bNII), minimum | 68 | 6,324 | ₹10,11,840 |
Gaja Alternative Asset Management IPO subscription status
Category-wise bids on NSE, as of 21-Aug-2026 19:00:47 IST. Fetched 07:05 IST, 4 Oct 2026.
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIBQualified Institutional Buyers(QIBs) | 72,36,840 | 15,01,27,110 | 20.74x | |
| NIINon Institutional Investors | 54,27,632 | 16,02,17,331 | 29.52x | |
| bNIINon Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 36,18,422 | 11,68,22,694 | 32.29x | |
| sNIINon Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | 18,09,210 | 4,33,94,637 | 23.99x | |
| RetailRetail Individual Investors(RIIs) | 1,26,64,474 | 8,55,96,921 | 6.76x | |
| Total | 2,53,28,946 | 39,59,41,362 | 15.63x |
Day by day (our snapshots)
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Sun, 4 Oct 2026 | 20.74x | 29.52x | 6.76x | 15.63x |
Gaja Alternative Asset Management listing day result
| Listing day (26 Aug 2026) | Price | Vs issue price ₹160.00 |
|---|---|---|
| Open (listing price) | ₹185.00 | +15.62% |
| High | ₹191.65 | +19.78% |
| Low | ₹165.40 | +3.38% |
| Close | ₹168.67 | +5.42% |
| Latest close (1 Oct 2026) | ₹135.27 | -15.46% |
NSE end of day data, series EQ. Volume on listing day: 6,47,73,158 shares, 34.2% delivered.
Gaja Alternative Asset Management IPO allotment status
The registrar for this issue is MUFG Intime India (formerly Link Intime). Check allotment on its official page by choosing "Gaja Alternative Asset Management" and entering your PAN, application number or DP/client ID.
- MUFG Intime India (formerly Link Intime) allotment status
- NSE application status
- BSE application status
Official pages ask for a captcha; we only link to them. Shares are credited to your demat account and blocked money is released for unallotted bids as per the schedule in the prospectus.
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Frequently asked questions
What is the price band of Gaja Alternative Asset Management IPO?
Gaja Alternative Asset Management IPO price band is ₹152 to ₹160 per share and the final issue price is ₹160.00, as published by NSE.
What is the lot size and minimum investment?
One lot is 93 shares, which costs ₹14,880 at the upper price band of ₹160.00.
When does Gaja Alternative Asset Management IPO open and close?
Bidding opened on 19 August 2026 and closed on 21 August 2026. Listing date: 26 August 2026.
How many times is Gaja Alternative Asset Management IPO subscribed?
It was subscribed 15.63 times overall as of 21-Aug-2026 19:00:47 IST, according to NSE.
What was the listing gain of Gaja Alternative Asset Management IPO?
It opened at ₹185.00 on 26 August 2026, +15.6% against the issue price of ₹160.00, and closed the day at ₹168.67 (+5.4%).
How do I check Gaja Alternative Asset Management IPO allotment status?
Use the MUFG Intime India (formerly Link Intime) allotment page or the NSE and BSE application status pages, linked above.
Information only, not investment advice. IPO dates, price band, lot size and subscription are taken from NSE's public IPO pages; listing prices from NSE's end of day bhavcopy. GMP (grey market premium) is an unregulated, informal indicator that can change quickly and is no guide to the actual listing price. Read the red herring prospectus and consult a SEBI registered adviser before investing.