Archive · 22 Aug 2026
Gaja Alternative IPO Allotment Set; GMP Signals Possible Listing Gains
Gaja Alternative Asset Management offered shares to investors in an IPO.
The offer opened on 19 August and closed on 21 August.
Many investors applied, and the issue was subscribed 31.33 times.
The company will decide who receives shares on 24 August.
People who do not receive shares should get refunds starting 25 August.
Successful applicants should see shares in their demat accounts that day.
The shares are planned to begin trading on 26 August.
Investors can check their result through the registrar, BSE, or NSE websites.
The grey market suggests the shares could list above the IPO price, but this is only an estimate.
Gaja Alternative IPO allotment is scheduled to be finalised on Monday, 24 August.
The IPO was subscribed 31.33 times by the end of its third day.
The grey market premium is ₹19, implying an estimated listing price of ₹179.
Refunds are scheduled to begin on Tuesday, 25 August, for unsuccessful applicants.
Shares are expected in demat accounts on 25 August, ahead of the 26 August listing.
- Who
- Gaja Alternative Asset Management and investors who applied for its IPO.
- What
- The company is finalising IPO share allotments and preparing refunds, demat credits, and listing.
- When
- Allotment is scheduled for 24 August; refunds and demat credits for 25 August; listing for 26 August.
- Where
- Allotment status can be checked through MUFG Intime India Private Ltd., BSE, or NSE websites.
- Why
- Investors need to determine whether they received shares and how many were allotted.
- IPO subscription
- 31.33 times on the third day
- IPO subscription period
- 19 August to 21 August
- Allotment date
- Monday, 24 August
- Grey market premium
- ₹19
- Estimated listing price
- ₹179 per share
- IPO price
- ₹160 per share
- Scheduled listing date
- Wednesday, 26 August