Gaja IPO Allotment Aug 24: High Demand Expected
Digital display showing stock market data and share allocation for Gaja Alternative Asset Management IPO.
Key Highlights
Gaja Alternative Asset Management IPO allotment is expected August 24, 2026, after a massive 32.98x oversubscription. Get details on listing and GMP.
Gaja Alternative Asset Management’s allotment is expected on August 24, 2026, following a significant oversubscription of 32.98 times overall by Day 3. This high demand suggests lower chances for many investors to secure shares.
Snapshot
The IPO saw robust demand across investor categories:
- Overall subscription: 32.98 times
- (QIB): 45.87 times
- Non-Institutional Investors (): 65.63 times
- Individual Investors: 11.61 times
Shares are set to list on August 26, 2026, at 10 AM.
- Listing exchanges: and
and Timeline
The Grey Market Premium (GMP) for the IPO stood at ₹16.5 on August 21, 2026.
- Estimated listing gain: 10.31% against the upper price band of ₹160.
- Shares credited to demat accounts: August 25, 2026
- Unallotted funds released: August 25, 2026
Company Profile
Gaja Alternative Asset Management operates as an alternative asset management firm, focusing on India-focused and offshore funds. The company primarily targets mid-sized companies.
It invests across key sectors, including education, energy, financial services, consumer, and digital technology.
Financial Performance
For the period ending March 31, 2026, Gaja Alternative Asset Management reported strong financials.
- Total income: ₹157.80 crore
- : ₹72.05 crore
- (PAT): ₹81.96 crore
Investors can verify their allotment status via the NSE IPO bid verification link, the BSE IPO allotment link, or the MUFG Intime India Pvt.Ltd. portal, which serves as the registrar to the issue.