Gaja Capital IPO: Rs 550 Cr Issue, Price Band Rs 152-160
Traders at a stock exchange monitor screens displaying real-time financial data.
Key Highlights
Gaja Capital IPO opens Aug 19, aiming to raise Rs 550 Cr with shares priced at Rs 152-160. Details on allocation, listing, and fund utilization.
Gaja Capital’s (IPO) is set to raise Rs 550 crore, with its price band fixed at Rs 152-160 per share.
The IPO opens for subscription on August 19 and closes on August 21. Anchor investors can place bids starting August 18.
Key IPO Figures
- Total IPO Size: Rs 550 crore
- : Rs 152-160 per share
- : Rs 450 crore
- (OFS): Rs 100 crore
- Minimum Bid: 93 shares
- Projected (upper end): Rs 2,256 crore
The issue components include a fresh issuance of shares amounting to Rs 450 crore and an Offer for Sale of up to Rs 100 crore from existing shareholders, including promoters.
Investor Allocation Breakdown
- (QIBs): 50%
- Non-Institutional Investors (NIIs): 15%
- Investors: 35%
Gaja Capital’s equity shares are scheduled for listing on both the and on August 26.
Utilizing the Proceeds
- Debt repayment
- Establishing new funds
- General corporate expenditures
Established in 2004, Gaja Capital operates as a private equity and alternative asset management firm, focusing on providing growth capital to entrepreneurs.
The firm invests across various sectors, including education, consumer goods, and financial services. It transitioned to a public limited company in early 2025, becoming Gaja Alternative Asset Management Ltd.
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