← All IPOs

EAAA India Alternatives IPO Subscription Status

MainboardBidding closed
EDELALTS · · NSE

Checked · GMP unchanged since

EAAA India Alternatives IPO Details

RegistrarMUFG Intime India Private Limited
Lead managersAxis Capital Limited
Fresh issue—
Offer for sale—

EAAA India Alternatives Promoters & Reserved Quotas as the RHP states

PromotersEdelweiss Financial Services Limited, Edelweiss Securities and Investments Private Limited, Edel Finance Company Limited, and Edelweiss Global Wealth Management Limited
Listed parentEdelweiss Financial Services EDELWEISS
Shareholder quotaNone in the offer document
Employee quotaNone in the offer document

Read from the company’s own red herring prospectus (the document). Holding shares of a listed parent does not by itself guarantee an allotment.

EAAA India Alternatives Financials ₹ in crore

Revenue CAGR+32.9%2024 → 2026 · 2 yrs
Profit CAGR+23.0%2024 → 2026 · 2 yrs
Total assets CAGR+10.7%2024 → 2026 · 2 yrs
00%25013%50025%75038%100050%202420252026
₹ crore202420252026
Revenue₹492.58₹670.26₹869.54
Net profit (PAT)₹175.16₹229.78₹265.2
PAT margin35.6%34.3%30.5%
Total assets₹1,769.66₹2,085.07₹2,170.28

EAAA India Alternatives Anchor Investors largest allocation first

Anchor investors26named in the letter
Anchor book₹360.00 Crat ₹1,665 per share
Largest allocation10.56%SBI MIDCAP FUND
#Anchor investorShares% of book₹ Cr
1SBI MIDCAP FUND2,28,23110.56%38.00
2ICICI PRUDENTIAL SMALLCAP FUND NIPPON LIFE INDIA TRUSTEE2,28,23110.56%38.00
3LIMITED-HDFC FLEXI CAP FUND1,90,1888.8%31.67
4CARNELIAN BHARAT AMRITKAAL FUND1,23,1295.69%20.50
5LTD-A/C NIPPON INDIA SMALL CAP FUND KOTAK MAHINDRA1,14,1205.28%19.00
6BANKING & FINANCIAL SERVICES FUND NIPPON LIFE INDIA TRUSTEE1,14,1115.28%19.00
7BANDHAN INNOVATION FUND96,1024.44%16.00
8HSBC MUTUAL FUND - HSBC FLEXI CAP FUND96,1024.44%16.00
9ABAKKUS SMALL CAP FUND96,1024.44%16.00
10INFINITY HYBRID LONG- SHORT FUND KOTAK MAHINDRA93,0964.31%15.50
11ACM GLOBAL FUND VCC84,0873.89%14.00
12HORNBILL ORCHID INDIA FUND84,0873.89%14.00
13OPPORTUNITY FUND-SERIES 266,0693.06%11.00
14GOVERNMENT PENSION FUND GLOBAL60,0662.78%10.00
15UNIFI BCAD FUND 360 ONE EQUITY60,0662.78%10.00
16DYNASIF EQUITY EX-TOP 100 LONG SHORT FUND NUVAMA ENHANCED60,0662.78%10.00
17SELECTION FUND INDIAN EQUITY SCHRODER INTERNATIONAL55,2882.56%9.21
18SUSTAINABLE ASIAN EQUITY BONITAS POOLED55,2882.56%9.21
19DYNAMIC ASIAN EQUITY FUND39,4911.83%6.58
20HDFC LARGE AND MID CAP FUND38,0431.76%6.33
21TRUSTEE CO LTD A/C KOTAK SERVICES FUND30,0331.39%5.00
22DYNAMIC GROWTH EQUITY (EDGE) FUND30,0331.39%5.00
23TRUSTMF MULTI CAP FUND30,0331.39%5.00
24VISTA AXIS VCC-QUANT FUND30,0331.39%5.00
25BNP PARIBAS FINANCIAL MARKETS - ODI30,0331.39%5.00
26GOLDMAN SACHS BANK EUROPE SE - ODI30,0331.39%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

EAAA India Alternatives IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹1665
Retail (min)1 lot9₹14,985
Retail (max)13 lots117₹1,94,805
sHNI (min)14 lots126₹2,09,790
bHNI (min)67 lots603₹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.

EAAA India Alternatives IPO Strengths & Risks as disclosed in the offer document

▼ Risk factors (8)
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
Our clients may not honor their capital calls, which could adversely affect our ability to invest, and in turn affect our fund’s operations and performance. Further, we are exposed to concentration risks related to our clients, which could impact the performance and stability of our funds
We have experienced negative cash flows in the past and prolonged negative cash flow could adversely affect our financial condition and business operations
The timing and receipt of Variable Additional Return are unpredictable and contribute to volatility in our cash flows
We are subject to specific risks associated with our Private Credit vertical and if any of these risks were to materialize, it could adversely affect our revenue, results of operations and business prospects
We are subject to specific risks with respect to our Real Assets vertical and if any of these risks were to materialize, it could adversely affect our revenue, results of operations and business prospects

How to check EAAA India Alternatives IPO allotment status

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.

RegistrarMUFG Intime India Private Limited
You will needPAN, application number or demat ID
Issue closes28 Oct 2026
Issue opens
Mon, 26 Oct 2026
First day to bid
Issue closes
Wed, 28 Oct 2026
Last day to bid
Allotment finalisedTentative
Thu, 29 Oct 2026
By MUFG Intime; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Fri, 30 Oct 2026
Unallotted amounts released · allotted shares credited to demat

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.

EAAA India Alternatives IPO Subscription Status FAQs

How many times is EAAA India Alternatives IPO subscribed?

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.

What is the EAAA India Alternatives IPO retail subscription status?

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.

How do I check EAAA India Alternatives IPO subscription status?

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.

How was EAAA India Alternatives IPO subscribed day by day?

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.

What does 2× subscription mean?

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.

Who are the anchor investors in EAAA India Alternatives IPO?

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.

EAAA India Alternatives IPO Registrar where allotment and refund queries go

RegistrarMUFG Intime India Private Limited

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.

How to Apply for the EAAA India Alternatives IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
  3. If you applied through a broker, approve the UPI mandate in your payment app before the issue’s UPI cut-off on the closing day (28 Oct 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, MUFG Intime India Private Limited, not to the exchange or the broker.

What is GMP in an IPO?

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.

Data & compliance. For information and education only — not investment advice or a recommendation to apply for, subscribe to, or avoid any issue. GMP is an unofficial, unregulated datapoint reported by third parties. Always read the RHP. alphave does not process IPO applications. Published by Alphave.