Checked · GMP unchanged since
EAAA India Alternatives IPO GMP is ₹12 as of 28 Oct, 04:45 pm — expected profit +0.7% on the ₹1,665 upper band. The premium has ranged ₹0–₹121 since 21 Oct, changing 5 times.
GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a forecast, or investment advice.
Read from the company’s own red herring prospectus (the document). Holding shares of a listed parent does not by itself guarantee an allotment.
| ₹ crore | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | ₹492.58 | ₹670.26 | ₹869.54 |
| Net profit (PAT) | ₹175.16 | ₹229.78 | ₹265.2 |
| PAT margin | 35.6% | 34.3% | 30.5% |
| Total assets | ₹1,769.66 | ₹2,085.07 | ₹2,170.28 |
| # | Anchor investor | Shares | % of book | ₹ Cr |
|---|---|---|---|---|
| 1 | SBI MIDCAP FUND | 2,28,231 | 10.56% | 38.00 |
| 2 | ICICI PRUDENTIAL SMALLCAP FUND NIPPON LIFE INDIA TRUSTEE | 2,28,231 | 10.56% | 38.00 |
| 3 | LIMITED-HDFC FLEXI CAP FUND | 1,90,188 | 8.8% | 31.67 |
| 4 | CARNELIAN BHARAT AMRITKAAL FUND | 1,23,129 | 5.69% | 20.50 |
| 5 | LTD-A/C NIPPON INDIA SMALL CAP FUND KOTAK MAHINDRA | 1,14,120 | 5.28% | 19.00 |
| 6 | BANKING & FINANCIAL SERVICES FUND NIPPON LIFE INDIA TRUSTEE | 1,14,111 | 5.28% | 19.00 |
| 7 | BANDHAN INNOVATION FUND | 96,102 | 4.44% | 16.00 |
| 8 | HSBC MUTUAL FUND - HSBC FLEXI CAP FUND | 96,102 | 4.44% | 16.00 |
| 9 | ABAKKUS SMALL CAP FUND | 96,102 | 4.44% | 16.00 |
| 10 | INFINITY HYBRID LONG- SHORT FUND KOTAK MAHINDRA | 93,096 | 4.31% | 15.50 |
| 11 | ACM GLOBAL FUND VCC | 84,087 | 3.89% | 14.00 |
| 12 | HORNBILL ORCHID INDIA FUND | 84,087 | 3.89% | 14.00 |
| 13 | OPPORTUNITY FUND-SERIES 2 | 66,069 | 3.06% | 11.00 |
| 14 | GOVERNMENT PENSION FUND GLOBAL | 60,066 | 2.78% | 10.00 |
| 15 | UNIFI BCAD FUND 360 ONE EQUITY | 60,066 | 2.78% | 10.00 |
| 16 | DYNASIF EQUITY EX-TOP 100 LONG SHORT FUND NUVAMA ENHANCED | 60,066 | 2.78% | 10.00 |
| 17 | SELECTION FUND INDIAN EQUITY SCHRODER INTERNATIONAL | 55,288 | 2.56% | 9.21 |
| 18 | SUSTAINABLE ASIAN EQUITY BONITAS POOLED | 55,288 | 2.56% | 9.21 |
| 19 | DYNAMIC ASIAN EQUITY FUND | 39,491 | 1.83% | 6.58 |
| 20 | HDFC LARGE AND MID CAP FUND | 38,043 | 1.76% | 6.33 |
| 21 | TRUSTEE CO LTD A/C KOTAK SERVICES FUND | 30,033 | 1.39% | 5.00 |
| 22 | DYNAMIC GROWTH EQUITY (EDGE) FUND | 30,033 | 1.39% | 5.00 |
| 23 | TRUSTMF MULTI CAP FUND | 30,033 | 1.39% | 5.00 |
| 24 | VISTA AXIS VCC-QUANT FUND | 30,033 | 1.39% | 5.00 |
| 25 | BNP PARIBAS FINANCIAL MARKETS - ODI | 30,033 | 1.39% | 5.00 |
| 26 | GOLDMAN SACHS BANK EUROPE SE - ODI | 30,033 | 1.39% | 5.00 |
Ranked by size of allocation; every anchor in an issue pays the same price, so the ranking is the same whether read in shares, rupees or share of the book. Anchor investors are allotted shares one day before the issue opens, at a price fixed on that day, and are locked in afterwards (30 days for half the allocation, 90 days for the rest). Read straight from the company’s own Anchor Allocation intimation letter filed with the exchanges — names appear exactly as printed there. Percentages are the filer’s own and total the anchor portion, not the whole issue. View the filed letter
| Application | Shares | Amount at ₹1665 |
|---|---|---|
| Retail (min)1 lot | 9 | ₹14,985 |
| Retail (max)13 lots | 117 | ₹1,94,805 |
| sHNI (min)14 lots | 126 | ₹2,09,790 |
| bHNI (min)67 lots | 603 | ₹10,03,995 |
One lot is 9 shares, so a single application at the ₹1665 cut-off costs ₹14,985. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For EAAA India Alternatives Limited, the registrar is MUFG Intime India Private Limited.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: MUFG Intime. Your bank will also show the blocked amount released if shares were not allotted.
The last grey market premium reported for the EAAA India Alternatives Limited IPO is ₹12, as of 28 Oct, 4:45 pm. Against the ₹1,665 upper band that is +0.7%. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.
Adding the ₹12 premium to the ₹1,665 upper band gives an implied price of ₹1,677. That is only what unregulated grey-market dealers are quoting today; the listing price is discovered on the exchange in the pre-open session on listing day and routinely differs from it.
No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.
The premium is checked about every 20 minutes between 8 am and 10 pm IST, every day while the issue is live, from a third-party grey-market reporter. The history table adds a row only when the premium changes, with the date and time it changed, how much it moved and the listing price it implies.
The EAAA India Alternatives Limited IPO was subscribed 5.25× overall as of 29 Oct, 3:37 am: QIB 13.13×, non-institutional 4.58× and retail 1.03×. Figures are the consolidated book across NSE and BSE, as NSE publishes it.
The retail portion was subscribed 1.03× as of 29 Oct, 3:37 am. Retail means individual investors applying for up to ₹2,00,000.
NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that book about every 5 minutes during bidding hours and shows QIB, NII and retail demand, plus one row per day so the build-up over the issue can be compared.
Overall subscription at the last reading of each bidding day: day 1 (26 October 2026): 0.11×, day 2 (27 October 2026): 0.33×, day 3 (28 October 2026): 5.25×, day 4 (29 October 2026): 5.25×. The day-wise table on this page breaks each day into QIB, non-institutional and retail.
Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment follows the basis of allotment the registrar finalises with the stock exchange — for small investors, a lottery for the minimum application.
26 anchor investors were allotted shares worth ₹360 crore at ₹1,665 a share the day before bidding opened, according to the anchor allocation letter the company filed with the exchange. The largest allocations went to SBI MIDCAP FUND (₹38 crore), ICICI PRUDENTIAL SMALLCAP FUND NIPPON LIFE INDIA TRUSTEE (₹38 crore), LIMITED-HDFC FLEXI CAP FUND (₹31.67 crore). Every anchor investor is listed on this page.
Allotment for the EAAA India Alternatives Limited IPO is scheduled for 29 October 2026, the trading day after bidding closes on 28 October 2026. Under SEBI's T+3 timeline, refunds and demat credit are due on 30 October 2026 and the shares list on 2 November 2026. Dates are tentative until the registrar and exchange confirm them.
Check it on the registrar's IPO allotment page: MUFG Intime India Private Limited publishes the result once it finalises the basis of allotment with the stock exchange. Choose the issue and enter your PAN, application number or DP ID / client ID. BSE and NSE also show allotment status on their websites, using the registrar's data. If no shares are allotted, your bank releases the blocked amount. alphave does not publish allotment results.
The registrar to the EAAA India Alternatives Limited IPO is MUFG Intime India Private Limited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.
The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.
Bidding for the EAAA India Alternatives Limited IPO opens on 26 October 2026 and closes on 28 October 2026. Brokers may stop taking bids somewhat earlier.
Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 26 October 2026 and 28 October 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹1,665); a UPI mandate must be approved before the issue's UPI cut-off on the closing day.
28 October 2026 is the last day of bidding. Allotment is scheduled for 29 October 2026, refunds and demat credit for 30 October 2026, and listing for 2 November 2026 — tentative until confirmed.
The EAAA India Alternatives Limited IPO price band is ₹1,585 to ₹1,665 per share. Retail investors can bid at the cut-off price, which is the upper end of the band; QIB and non-institutional bids name a price within it.
One lot is 9 shares, so a single application at the ₹1,665 cut-off costs ₹14,985. Retail investors can apply for up to 13 lots within the ₹2,00,000 retail limit.
₹14,985 — one lot of 9 shares at ₹1,665. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.
EAAA India Alternatives Limited is a mainboard issue listing on NSE. Axis Capital Limited is a lead manager to the issue.
The issue size is ₹1,200 crore.
No. EAAA India Alternatives Limited's red herring prospectus reserves no part of the issue for shareholders or employees; applications go through the standard investor categories.
EAAA India Alternatives Limited reported revenue of ₹869.54 crore in FY2026, as restated in its offer document. The table on this page shows each reported year.
Yes, in its latest reported period: EAAA India Alternatives Limited reported a profit after tax of ₹265.2 crore in FY2026, as restated in its offer document. Earlier years are in the table above.
From the restated financial statements in the company's draft and final offer documents, filed with SEBI and the stock exchanges. alphave reports them as filed, in ₹ crore, and does not publish a valuation or a view on the issue.
The EAAA India Alternatives Limited IPO's offer document is linked on this page as filed. SEBI and the stock exchanges also publish it, and the lead managers host it.
The Draft Red Herring Prospectus is the document a company files before an IPO — with SEBI for a mainboard issue, with the stock exchange for an SME issue. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the updated version filed before the issue opens, with the issue dates; the price band is announced separately, at least two working days before bidding opens.
Our historical growth rates may not be indicative of our future growth and if we do not manage our growth effectively, our financial performance could be adversely affected Valuation methodologies for certain assets can be subject to significant subjectivity, and the values of assets may never be realized We do not have any directly comparable Indian listed peers, which may affect investor perception and valuation of our business The page lists all 8 disclosed risk factors.
Subscription figures are the exchange's category-wise book (NSE's consolidated NSE and BSE figure, or BSE's own for a BSE-only issue), read about every 5 minutes during bidding hours and held at the final tally after close. GMP is an unofficial grey-market indicator checked about every 20 minutes between 8 am and 10 pm IST from a third-party reporter; the history keeps a row for each change. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue details and the offer document filed with SEBI and the stock exchanges. Financials are the restated figures in the offer document, and the shareholding pattern is as disclosed there; allotment results come from the registrar, whose page this page links to. Anchor investor allocations, where shown, are from the anchor allocation filed with the exchange.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹12 on a ₹1,665 upper band means the grey market is dealing at ₹1,677.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.