Market capitalisation is the post-issue share count in the offer document’s capital structure (14,10,10,230 shares) multiplied by the upper end of the price band, ₹160. It is arithmetic on those two filed figures, not a valuation.
Post-issue pattern as filed with the NSE. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.
Gaja Alternative Asset Management IPO Lot Size & Minimum Investment by investor category
Application
Shares
Amount at ₹160
Retail (min)1 lot
93
₹14,880
Retail (max)13 lots
1,209
₹1,93,440
sHNI (min)14 lots
1,302
₹2,08,320
bHNI (min)68 lots
6,324
₹10,11,840
One lot is 93 shares, so a single application at the ₹160 cut-off costs ₹14,880. 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.
Gaja Alternative Asset Management IPO Strengths & Risks as disclosed in the DRHP
▲ Strengths (7)
The company has a well-established alternative asset management (AMC) business with 20 years of experience.
The company has a differentiated business model focused on driving enterprise value through active engagement with portfolio companies.
The company has a proven track record of delivering consistent performance across its Gaja Capital Funds.
The company has a strong balance sheet with low leverage levels and significant internal accruals.
The company has access to a diversified global investor base, which aids in raising capital and sourcing investment opportunities.
The company has a team of experienced professionals with domain knowledge in alternative asset management and private equity.
The company has a calibrated growth in its employee base and management of expenses, resulting in operating efficiency.
▼ Risk factors (7)
The company's total income is dependent on the performance of the funds managed and advised by it.
The timing and receipt of Carried Interest from the funds managed and advised by the company are unpredictable and will contribute to the volatility of its cash flows.
Valuation methodologies for certain assets of the funds managed and advised by the company can be susceptible to significant subjectivity.
The company's inability to raise sufficient capital from Limited Partners or their inability to honor capital calls could adversely affect its results of operations, financial condition and cash flows.
The company, along with the funds managed and advised by it, is subject to securities regulation and any failure to comply with these regulations could subject it to penalties or sanctions.
The company is subject to risks inherent to operations in foreign jurisdictions through its subsidiaries in Cayman Islands and Mauritius.
The company may be unable to manage its growth or to successfully implement its business strategies.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Gaja Alternative Asset Management Limited, the registrar is MUFG Intime India Private Limited — allotment is finalised in the days between the issue closing on 21 Aug 2026 and listing on 26 Aug 2026.
By MUFG Intime; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Tue, 25 Aug, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Wed, 26 Aug, 2026
NSE · trading from 10:00 am IST
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.
Gaja Alternative Asset Management IPO Price Band & Lot Size FAQs
What is the price band of Gaja Alternative Asset Management IPO?
The Gaja Alternative Asset Management Limited IPO price band is ₹160 to ₹160 per share. Applications are made at the cut-off price, which is the upper end of the band.
What is the lot size of Gaja Alternative Asset Management IPO?
One lot is 93 shares, so a single application at the ₹160 cut-off costs ₹14,880. Retail investors can apply for up to 13 lots within the ₹2,00,000 retail limit.
What is the minimum investment in Gaja Alternative Asset Management IPO?
₹14,880 — one lot of 93 shares at ₹160. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.
Is Gaja Alternative Asset Management IPO a mainboard or SME issue, and on which exchange?
Gaja Alternative Asset Management Limited is a mainboard issue listing on NSE. The lead managers are JM Financial Limited, IIFL Capital Services Limited.
What is the issue size of Gaja Alternative Asset Management IPO?
The issue size is ₹550 crore, of which ₹450 crore is a fresh issue and ₹100 crore an offer for sale by existing shareholders.
Gaja Alternative Asset Management 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 Gaja Alternative Asset Management IPO ASBA and UPI, as SEBI sets them
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.
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.
If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (21 Aug 2026).
One application per PAN. A second application under the same PAN is rejected, and both may be.
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 ₹18 on a ₹160 upper band means the grey market is dealing at ₹178.
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.