Minimum Investment
About Company
Company Name: Gaja Alternative Asset Management Limited
Industry / Sector: Asset Management / Financial Services
Founded Year: April 1999
Promoters: Gopal Jain, Ranjit Jayant Shah, Imran Jafar, Chitra Jain, Mona Ranjit Shah
Gaja Alternative Asset Management Limited is an independent, home-grown alternative asset management company with over two decades of experience in managing and advising India-focused funds, including Category I and Category II AIFs, as well as offshore funds investing in India. The Company focuses on alternative investments across sectors such as education, energy and environment, financial services, consumer and digital technology, with a differentiated investment approach focused on the mid-market segment.
IPO Basic Details
| Company Name | Gaja Alternative Asset Management Limited |
| IPO Type | Mainboard IPO |
| Price Band | ₹152 – ₹160 |
| Lot Size | 93 Shares |
| Total Issue Size | 3,43,75,000 Equity Shares (₹550 Cr) |
IPO Strengths & Risks
Strengths
- Well-established with over 20 years of experience
- Proven track record of consistent performance across Gaja Capital Funds
- Focus on the high-growth alternative asset management industry in India
- Differentiated invest-and-collaborate approach focused on value creation
- Strong alignment of interests with investors through significant Sponsor Commitment
- Experienced promoters and management team with deep industry expertise
- Long-standing relationships with a diverse global investor base
- Robust financial growth and strong balance sheet
Risks
- Concentrated revenue from a few funds
- Dependence on key personnel for investment decisions
- Exposure to market and economic cycles
- Regulatory changes in the alternative investment fund sector
- Competitive asset management industry
IPO Important Dates
| IPO Open Date | 19 Aug 2026 |
| IPO Close Date | 21 Aug 2026 |
| Basis of Allotment | 24 Aug 2026 |
| Refund Initiation | |
| Demat Credit Date | 25 Aug 2026 |
| Listing Date | 26 Aug 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance Amount
Investor Reservation
| QIB Quota | Not more than 50% of the Net Offer |
| Retail Quota | Not less than 35% of the Net Offer |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 93 | ₹14,880 |
| Retail Maximum | 13 Lots | 1,209 | ₹1,93,440 |
| S-HNI Minimum | 14 Lots | 1,302 | ₹2,08,320 |
| S-HNI Maximum | 67 Lots | 6,231 | ₹9,96,960 |
| B-HNI Minimum | 68 Lots | 6,324 | ₹10,11,840 |
Key Performance Indicators (KPI)
| ROE | 16.47% |
| ROCE | Not Available |
| RoNW | - |
| PAT Margin | 51.94% |
| EBITDA Margin | 45.66% |
| EPS | ₹7.26 (Pre-IPO) |
| NAV per share | - |
| Debt to Equity | 0.07 |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| FY2026 | ₹706.49 Cr | ₹157.80 Cr | ₹81.96 Cr | ₹72.05 Cr | ₹606.52 Cr | ₹41.56 Cr |
| FY2025 | ₹451.87 Cr | ₹123.31 Cr | ₹61.95 Cr | ₹60.81 Cr | ₹388.97 Cr | ₹4.00 Cr |
| FY2024 | ₹388.60 Cr | ₹103.96 Cr | ₹44.74 Cr | ₹49.25 Cr | ₹331.88 Cr | ₹3.51 Cr |
Grey Market Premium
| GMP Price | Not Available |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | Not Available |
| Estimated Listing Price | Not Available |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: MUFG Intime India Pvt. Ltd.
Registrar Website: https://www.mufgintime.com
IPO Lead Manager(s)
Company Information
Address: 302, 3rd Floor, Kanchenjunga Building, 18, Barakhamba Road, Connaught Place, Central Delhi, New Delhi - 110001
Website: https://www.gajacapital.com
Email: compliance@gajacapital.com
Phone: +91 91368 89894
IPO Documents
Frequently Asked Questions (FAQ)
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