EAAA India Alternatives IPO: Modest 2% GMP Signals Listing Gains

EAAA India Alternatives' Initial Public Offering (IPO) is now open, with subscription beginning on October 26, 2026, and concluding on October 28, 2026. The company has set a price band of Rs 1,585 to Rs 1,665 per equity share.

This Rs 1,200-crore offering is structured as a complete Offer For Sale (OFS). Consequently, all proceeds from the IPO will be distributed to the selling shareholder, Edelweiss Securities & Investments Pvt., rather than the company itself. Currently, the grey market premium (GMP) is hovering around 2%, indicating anticipated modest gains upon listing.

Investors are permitted to apply for a minimum of nine shares and in multiples thereof. For retail investors, the minimum investment required is Rs 14,985, based on the upper end of the price band. The company has a strong financial track record, with its income rising by 23% to Rs 964 crore in FY26 and profit increasing by 15% to Rs 265 crore in the same fiscal year.

EAAA India Alternatives, an alternative investment management platform, managed assets worth Rs 95,344.88 crore as of June 30, 2026. The IPO's allotment basis is expected on October 29, 2026, with shares tentatively scheduled to list on the NSE and BSE on November 2, 2026.