Finance1 min read

EAAA India Alternatives IPO allotment likely today: Check GMP and how to check allotment

By · Published by Everything Blog

In short

Qualified institutional buyers led the demand by subscribing 13.80 times their allotted quota, while retail participation remained comparatively subdued at 1.08 times. Investors can verify their share allocation online through MUFG Intime India, BSE, or NSE portals using their PAN, DP ID, or application details. The asset manager enters the public markets backed by FY26 financial growth, where net profit climbed 15% to reach Rs 265 crore. Additionally, anchor investors committed Rs 360 crore at the upper price band of Rs 1,665 per share prior to the public bidding phase.

Key points

  • All proceeds generated from the initial public offering flow directly to the promoter rat…: All proceeds generated from the initial public offering flow directly to the promoter rather than entering company coffers.
  • Applicants can independently verify allotment results across the registrar, BSE, and NSE…: Applicants can independently verify allotment results across the registrar, BSE, and NSE platforms using their unique investor identifiers.
  • The platform supports its public entry on Rs 95,344.88 crore in managed assets split betw…: The platform supports its public entry on Rs 95,344.88 crore in managed assets split between active real assets and private credit funds.

Sources checked by our analysis pipeline: 1

The IPO’s grey market premium (GMP) is currently around 2%, indicating expectations of modest listing gains. However, GMP is an unofficial indicator and may fluctuate before listing.

The IPO, which opened on October 26 and closed on October 28, received bids across investor categories. Qualified institutional buyers (QIBs) subscribed 13.80 times their reserved portion, while non-institutional investors (NIIs) subscribed 4.81 times. The retail portion was subscribed 1.08 times.

The Rs 1,200 crore IPO comprises entirely an offer for sale (OFS) of 72.07 lakh equity shares by promoter selling shareholder Edelweiss Securities & Investments Pvt. Ltd. Since the issue is entirely an OFS, EAAA India Alternatives will not receive any proceeds from the offering; the proceeds will go to the selling shareholder.

The company fixed the IPO price band at Rs 1,585–Rs 1,665 per share, with a face value of Rs 5 per share. At the upper end of the price band, the issue is valued at 333 times its face value.

Based on diluted earnings per share (EPS) for FY26, the IPO is valued at a price-to-earnings (P/E) multiple of…

Finance