Summary:
Gaja Alternative Asset Management's ₹550 crore IPO was subscribed 31.33 times, with QIB demand reaching 43.58 times and retail subscription at 11.04 times. The allotment is being finalised on August 24, 2026, with shares expected to be credited on August 25 and listed on August 26. Investors can check their allotment through BSE, NSE or the MUFG Intime India registrar portal.
Gaja Alternative Asset Management's ₹550 crore IPO closed for subscription on August 21, 2026, after being subscribed 31.33 times overall — QIBs led demand at 43.58 times, while retail investors subscribed 11.04 times. With allotment being finalised today, August 24, 2026, here's a complete guide to checking your allotment status and what comes next.
About Gaja Alternative Asset Management IPO
Incorporated in 1999 as View Advisors Private Limited and later rebranded as Gaja Capital, Gaja Alternative Asset Management is an independent alternative asset management company with over two decades of experience. The company acts as investment manager to India-focused funds, including Category I and Category II Alternative Investment Funds, and as advisor to offshore funds providing capital to Indian companies. It earns income through management fees, carried interest, and sponsor commitment income, with its investment approach focused on the mid-market segment across sectors including education, employment and employability, financial services, consumer businesses, and digital technology. The company has managed and advised multiple funds, including Fund II, Fund III, and Fund IV, and reported revenue of ₹157.80 crore in FY26, up from ₹123.31 crore in FY25, with profit rising to ₹81.96 crore from a prior-year figure.
Gaja Alternative Asset Management IPO Issue Details
| Detail | Information |
| Issue Size | ₹550 crore (fresh issue ₹450 crore + OFS ₹100 crore) |
| Price Band | ₹152–₹160 per share |
| Lot Size | 93 shares |
| Minimum Investment (Retail) | ₹14,880 |
| IPO Open Date | August 19, 2026 |
| IPO Close Date | August 21, 2026 |
| Registrar | MUFG Intime India Private Limited |
| Book-Running Lead Managers | JM Financial, IIFL Capital Services |
Check Gaja Alternative Asset Management IPO Allotment Status on BSE & NSE Website
Steps to check on BSE website
- Visit the BSE IPO allotment status page (bseindia.com).
- Select "Equity" from the Issue Type dropdown.
- Choose "Gaja Alternative Asset Management Limited" from the Issue Name dropdown.
- Enter your Application Number or PAN.
- Complete the verification and click Submit to view your allotment status.
Steps to check on NSE website
- Visit the NSE IPO bid verification page (nseindia.com).
- Select "Equity & SME IPO Bid Details."
- Choose "Gaja Alternative Asset Management" from the issue list.
- Enter your PAN or Application Number.
- Click Submit to view the number of shares allotted, if any.
Check Gaja Alternative Asset Management IPO Allotment Status via Registrar
- Visit the MUFG Intime India IPO status page.
- Select "Gaja Alternative Asset Management Limited" from the dropdown.
- Choose to search by PAN, Application Number, or Demat Account Number.
- Enter the relevant details and click Submit.
- Your allotment status — allotted or not allotted, along with the number of shares — will be displayed on screen.
Gaja Alternative Asset Management IPO Subscription Status
| Category | Subscription (x) |
| Qualified Institutional Buyers (QIBs) | 43.58 |
| Non-Institutional Investors (NIIs) | — |
| Retail Individual Investors (RIIs) | 11.04 |
| Overall | 31.33 |
The issue received bids for 79,35,60,351 shares against 2,53,28,946 shares on offer.
Gaja Alternative Asset Management IPO Listing Details
| Event | Date |
| IPO Open Date | August 19, 2026 |
| IPO Close Date | August 21, 2026 |
| Allotment Finalisation | August 24, 2026 |
| Demat Account Credit | August 25, 2026 |
| Listing Date | August 26, 2026 |
| Listing Exchanges | BSE, NSE |
What Happens Once Gaja Alternative Asset Management IPO Allotment is Out?
Once the basis of allotment is finalised, investors fall into one of two outcomes. If shares are allotted, they will be credited to your demat account by August 25, 2026, and the corresponding amount blocked via UPI mandate or ASBA will be debited from your bank account. If shares are not allotted, the blocked amount will be released back to your account on the same date.
Given the issue was subscribed over 31 times overall — and more than 43 times in the QIB category — investors should keep in mind that applying for a lot does not guarantee allotment in heavily oversubscribed categories; allocation depends on the number of valid applications and applicable allotment rules. With retail subscription at 11.04 times, many retail applicants may not receive the full number of shares applied for. Once shares are credited, they can be tracked and traded from the listing date, August 26, 2026, when Gaja Alternative Asset Management shares debut on the BSE and NSE.








