← All IPOs

Gaja Alternative Asset Management IPO Shareholding Pattern

MainboardListed
GAJA · · NSE

Updated · GMP, subscription and listing data refresh through the day.

Gaja Alternative Asset Management IPO Details

RegistrarMUFG Intime India Private Limited
Lead managersJM Financial Limited, IIFL Capital Services Limited
Offer documentDraft (DRHP)
Fresh issue₹450 Cr
Offer for sale₹100 Cr
Market cap at the offer₹2,256 Cr

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.

Gaja Alternative Asset Management Financials ₹ in crore

Revenue CAGR+19.0%2024 → 2026 · 2 yrs
Profit CAGR+35.3%2024 → 2026 · 2 yrs
Total assets CAGR+34.8%2024 → 2026 · 2 yrs
00%5025%10050%15075%200100%202420252026
₹ crore202420252026
Revenue₹95.64₹122₹135.53
Expenses———
Net profit (PAT)₹44.74₹61.95₹81.96
PAT margin46.8%50.8%60.5%
Total assets₹388.6₹451.87₹706.49

Gaja Alternative Asset Management Shareholding before & after the IPO

Before the IPO
Pre-issue · RHP capital structure
71.03%
Promoter
After the IPO
Post-issue · as filed 25-AUG-2026
54.23%
Promoter
Promoter & promoter groupafter the IPO
Holding54.23%
Shares7,64,70,184
Through the IPO-16.80% · exiting

The founding owners and their group entities.

Breakdown as filed
Individuals / HUF54.23%7,64,70,184

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

ApplicationSharesAmount at ₹160
Retail (min)1 lot93₹14,880
Retail (max)13 lots1,209₹1,93,440
sHNI (min)14 lots1,302₹2,08,320
bHNI (min)68 lots6,324₹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.

How to check Gaja Alternative Asset Management IPO allotment status

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.

RegistrarMUFG Intime India Private Limited
You will needPAN, application number or demat ID
Issue closes21 Aug 2026
Listing date26 Aug 2026
Issue opens
Wed, 19 Aug, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Fri, 21 Aug, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Mon, 24 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 Shareholding Pattern FAQs

What is the promoter holding in Gaja Alternative Asset Management after the IPO?

The promoter and promoter group hold 54.23% after the issue, down from 71.03% before it, as disclosed in the offer document and filed with the exchange.

What is the pre-IPO shareholding of Gaja Alternative Asset Management?

Before the issue the promoter and promoter group hold 71.03% of Gaja Alternative Asset Management Limited. An unlisted company has no public shareholders; the public holding is created by the shares sold in this IPO.

Where does the shareholding pattern come from?

The pre-issue register is the capital structure disclosed in the offer document; the post-issue pattern is the company's shareholding-pattern filing with NSE or BSE once it is published, and the offer document's disclosed post-issue register until then.

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

  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. 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).
  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 ₹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.