CLOSED
NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%

Gaja IPO Allotment Aug 24: Subscribed 31x, GMP +19

By IPO DeskGaja IPO Allotment Aug 24: Subscribed 31x, GMP +19

Gaja Alternative IPO allotment on Aug 24, 2026, after 31.33x subscription. Grey Market Premium (GMP) at +19, indicating strong investor interest.

Gaja Alternative Asset Management’s IPO allotment is scheduled for August 24, 2026, after achieving a significant subscription rate of 31.33 times.

This robust demand was recorded by the third day of the subscription period, signalling strong investor interest in the offering.

Market Premium and Valuation

The Grey Market Premium (GMP) for the Gaja Alternative IPO currently stands at +19.

Based on this, the estimated listing price for Gaja Alternative shares is ₹179 apiece, a notable premium over the IPO price.

  • Premium over IPO price: 11.88%
  • IPO price: ₹160
  • GMP fluctuated between ₹0.00 and ₹30 over the past ten sessions.

Allotment and Listing Timeline

Investors can verify their allotment status on the official registrar portal, MUFG Intime India Private Ltd (Link Intime India Private Ltd).

The IPO was available for subscription from Wednesday, August 19, 2026, to Friday, August 21, 2026.

  • Refunds for non-allotted applicants commence: August 25, 2026
  • Shares credited to demat accounts of successful applicants: August 25, 2026
  • Official listing date on stock exchanges: August 26, 2026

Analysts note an upward trend in the GMP, which suggests a positive outlook for its listing on the BSE and NSE.

Home/business/Article