Gaja Alternative Asset Management Limited IPO

Gaja Alternative Asset Management Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹

Total Issue

₹656.20 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website DRHP

Business Overview

Gaja acts as an investment manager to India-focused funds, including Category I and Category II AIFs, and also serves as an advisor to offshore funds. It is a well-established, independent and home-grown alternative asset management company with over 20 years of experience and a proven ability to navigate multiple investment cycles across varied market conditions. The Company’s platform focuses on disciplined investment processes, strong governance standards and long-term value creation for its investors. Its business model enables it to capture, in entirety, the income generated from the funds managed and advised by it, thereby creating a scalable and capital-efficient structure.

Objects of Issue

  1. Investing towards the Sponsor Commitments to certain existing funds, new funds & for repayment of the Bridge Loan Amount
  2. Payment of, in part or full, certain outstanding borrowings of the Company
  3. General corporate purposes

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Gaja IPO
Particulars Sep-25 Mar-25 Mar-24 Mar-23
Revenue 99.30 122.00 95.64 55.81
PAT 62.09 61.95 44.74 41.26
Net Worth 574.55 388.97 331.88 287.35
Borrowings 40.88 4.00 3.51 4.24
Assets 677.09 451.87 388.60 339.82
NAV (₹) 50.90 37.33 31.85 28.14
EPS (₹) 5.51 5.71 4.28 4.03

KPIs

PAT

50.24%

ROE

17.19%

Debt to Equity

0.01

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

71.03%

Public

28.97%

Gopal Jain 22.41%
Ranjit jointly with Mona Shah 18.61%
Gopal jointly with Chitra Jain 11.25%
Imran Jafar 9.13%
Sudesh Jain 9.63%

Management

Upendra Sinha Chairman
Gopal Jain MD & CEO
Abhinav Jain CFO

Registrar & Lead Managers

Registrar

MUFG Intime India

MUFG Intime India

Frequently Asked Questions

What is Gaja IPO?
Gaja IPO is a Mainboard IPO having an issue size of ₹656.20 Crs. Gaja IPO is priced at ₹ - ₹ per share. The issue opens on 15 Apr 26 and closes on 15 Apr 26.
When will Gaja IPO open?
Gaja IPO opens on 15 Apr 26 and closes on 15 Apr 26.
What is the GMP of Gaja IPO?
The estimated Grey Market Premium of Gaja IPO is ₹0 per share (-).
What is the lot size of Gaja IPO?
The minimum lot size of Gaja IPO is shares & the minimum application amount is Rs. 0.
When is the allotment of Gaja IPO?
The allotment date of Gaja IPO is 15 Apr 26.
What is the listing date of Gaja IPO?
The listing date of Gaja IPO is 15 Apr 26.
What is the subscription of Gaja IPO?
Gaja IPO is subscribed -.
What is the price band of Gaja IPO?
Gaja IPO is priced at ₹ - ₹ per share.
How to check allotment status of Gaja IPO?
Click the allotment link on Gaja IPO page of IPO360.
How to apply Gaja IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Gaja IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Gaja IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Gaja IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date