Gaja Alternative Asset Management plans a ₹450 crore IPO to fund investments and repay loans. The company’s promoter stake will decrease to fifty-four percent after the offering. Its business model relies on fund performance and is subject to regulatory changes. Revenue and net profit have shown growth in recent fiscal years. The firm’s valuation aligns with other listed asset management companies.
Gaja Alternative Asset Management IPO opens today: GMP at 19% — Should You Subscribe?
The three-day IPO will remain open until August 21, 2026, with the company offering shares in a price band of Rs 152–160 apiece.