Gaja Alternative Asset Management IPO Subscription Reaches 0.90 Times on Day 1

Generic user silhouette icon 5paisa Capital Ltd - 2 min read

Last Updated: 19th August 2026 - 05:23 pm

Gaja Alternative Asset Management IPO was subscribed 0.90 times by 5:24 PM on Day 1, August 19, 2026. The public issue received bids for 2,16,77,370 shares against 2,40,62,500 shares available for subscription. The Retail Individual Investors category recorded the highest subscription at 1.27 times, followed by Non-Institutional Investors (NIIs) at 1.12 times. Qualified Institutional Buyers (QIBs) subscribed 0.10 times.

Subscription Status of Gaja Alternative Asset Management IPO

Date QIB NII Retail Total
Day 1 (August 19) 0.10 1.12 1.27 0.90

Here are the subscription details for Gaja Alternative Asset Management IPO Day 3, as of 5:24 PM:

Investor Category Subscription (times) Shares Offered Shares bid for Total
Anchor 1 1,03,12,500    1,03,12,500  165.00
QIB 0.10 68,75,000            6,60,300 10.565
NII 1.12 51,56,250             57,67,674         92.283
Retail 1.27 1,20,31,250  1,52,49,396    243.990
Total 0.90 2,40,62,500

2,16,77,370           

346.838

Key Highlights – Day 1

  • Overall subscription stood at 0.90 times on Day 1 (August 19, 2026).
  • Qualified Institutional Buyers (QIBs) subscribed 0.10 times.
  • Non-Institutional Investors (NIIs) subscribed 1.12 times.
  • Retail Individual Investors subscribed 1.27 times, recording the highest subscription among investor categories.

About Gaja Alternative Asset Management Limited

Incorporated in April 1999, 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.

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