Gaja Alternative Asset Management IPO allotment: Status, subscription and listing date

Mumbai | 24 August 2026 

The basis of allotment for Gaja Alternative Asset Management Limited’s mainboard IPO was finalised on 24 August 2026, three days after the issue closed for bidding. Investors can now check their allotment status on the registrar’s website and on the BSE and NSE portals. 

What was the Gaja Alternative Asset Management IPO size and price band? 

Gaja Alternative Asset Management Limited raised ₹550 crore through a fresh issue of ₹450 crore and an offer for sale of ₹100 crore. The price band was set at ₹152 to ₹160 per share, with a face value of ₹5. 

The issue opened on 19 August 2026 and closed on 21 August 2026. The lot size was 93 shares, taking the minimum retail investment to ₹14,880 at the upper price band. IIFL Securities Limited and JM Financial Limited acted as book-running lead managers, and MUFG Intime India Private Limited, formerly Linkintime India Private Limited, is the registrar. 

What was the final subscription for the Gaja Alternative Asset Management IPO? 

The IPO was subscribed 32.98 times in total. Qualified institutional buyers led demand, followed by non-institutional investors and retail investors. 

How to check Gaja Alternative Asset Management IPO allotment status? 

Investors can check allotment status through the registrar, MUFG Intime India Private Limited, or through BSE and NSE. 

On MUFG Intime India: 

1. Visit the MUFG Intime India IPO allotment status page at in.mpms.mufg.com/Initial_Offer/public-issues.html. 
2. Select Gaja Alternative Asset Management Limited from the list. 
3. Choose PAN, application number or DP/client ID as the identification option and enter the details. 
4. Enter the captcha, if prompted. 
5. Click on submit. 
6. The allotment status will be displayed on the screen. 

On BSE: 

1. Visit the BSE website at bseindia.com/investors/appli_check.aspx. 
2. Select “Equity” under issue type. 
3. Select Gaja Alternative Asset Management Limited from the issue name. 
4. Enter the PAN or application number. 
5. Enter the captcha displayed on the screen. 
6. Click on “Search”. 
7. The allotment status will be displayed. 

On NSE: 

1. Visit the NSE website at nseindia.com/invest/check-trades-bids-verify-ipo-bids. 
2. Select Gaja Alternative Asset Management Limited from the list of issues. 
3. Enter PAN No or Application No. 
4. Enter the captcha, if prompted. 
5. Submit the details. 
6. The application status will be displayed. 

What is the GMP for the Gaja Alternative Asset Management IPO, and when does it list? 

The grey market premium stood at ₹16.25 as of 24 August 2026, 11.35am. Against the upper price band of ₹160, this puts the estimated listing price at ₹176.25, a gain of about 10.16% over the issue price. GMP is an unofficial, informal indicator and does not guarantee the actual listing price or future performance of the stock. 

Refunds for unsuccessful applicants begin on 25 August 2026, and shares are expected to credit to demat accounts around the same date. Listing on BSE and NSE is expected on 26 August 2026. 

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