EAAA India Alternatives IPO

Timetable

1. OpensMon 26 Oct
2. ClosesWed 28 Oct
3. AllotmentThu 29 Oct
4. RefundFri 30 Oct
5. Shares in dematFri 30 Oct
6. ListingMon 2 Nov

Dates after the closing day are tentative and can shift by a day.

Why is EAAA India Alternatives raising money?

This IPO is entirely an offer for sale. The company does not receive any money; the ₹1,200 cr goes to the shareholders who are selling. The business itself gets no new capital from this IPO.

Grey market premium (GMP)

Unofficial. GMP is what traders in an unregulated market say they will pay before listing. No exchange publishes it, it can change several times a day and it is often wrong on listing day. Range from 2 market websites, checked 22 Oct 2026, 06:44 PM IST.

About EAAA India Alternatives

Incorporated on May 14, 2008, EAAA India Alternatives Limited is an alternative investment management platform focused on India’s real assets and private credit markets. It manages investment funds and provides alternative investment solutions to domestic and global institutional investors, high-net-worth individuals (“HNIs”), ultra-high-net-worth individuals (“UHNIs”) and family offices.The Company operates primarily through two business verticals: Real Assets and Private Credit, along with portfolio management services and other investment solutions. Its Real Assets vertical invests in infrastructure, commercial real estate, perpetual capital and energy transition opportunities through equity, quasi-equity and debt instruments. Its Private Credit vertical provides financing solutions across performing credit, special situations, real estate credit and investment-grade credit. The Company also offers co-investment opportunities through portfolio management services.

As of June 30, 2026, the Company managed assets under management (“AUM”) of ₹953,448.78 million and fee-paying assets under management (“FPAUM”) of ₹486,231.76 million. Its portfolio comprised 10 active Real Assets funds, including two Infrastructure Investment Trusts (“InvITs”), and 16 active Private Credit funds. The Company is supported by its wholly owned subsidiary, Sekura India Management Limited, which provides asset operating and management capabilities, including operations, maintenance, monitoring and efficiency improvement.

The Company has a diversified client base and a technology-enabled investment platform supported by dedicated investment, asset management, coverage and enterprise teams.

Financials (₹ crore)

EAAA India Alternatives Ltd.'s revenue increased by 23% and profit after tax (PAT) rose by 15% between the years ending March 31, 2026 and March 31, 2025.

Restated figures from the offer document. A part-year period (for example 3 months to June) is not comparable with a full year.

Valuation and returns

P/E = price ÷ earnings per share. A negative P/E means the company made a loss. Compare with listed peers in the same business before reading much into it.

Promoters: Rakesh Kumar Verma, Mohit Verma and Manju Verma.

Issue details

Price band

₹1,585–₹1,665

Lot size

9 shares

Minimum investment

₹14,985 (1 lot at ₹1665)

Total issue size

₹1,200 cr (0.72 crore shares)

Fresh issue / OFS

OFS only

Face value

₹5 per share

Reserved for

–

Anchor investors

–

Employee discount

–

Retail limit

up to ₹2,00,000

UPI mandate deadline

28-Oct-2026 (up to 5:00 PM)

Listing on

BSE, NSE

Lead managers

Axis Capital Limited, Jefferies India Private Limited, Motilal Oswal Investment Advisors Limited, Nuvama Wealth Management Limited

Registrar (allotment status)

MUFG Intime India Private Limited · eaaaindia.ipo@in.mpms.mufg.com

Offer document (RHP) on NSE: download. It is long; the "Objects of the Offer" and "Risk Factors" chapters matter most.

Quick answers

Does EAAA India Alternatives get the IPO money?

No. The IPO is 100% offer for sale, so all ₹1,200 cr goes to the selling shareholders.

What is the minimum investment in the EAAA India Alternatives IPO?

One lot of 9 shares, which costs ₹14,985 at the upper price of ₹1665.

When will EAAA India Alternatives list?

The tentative listing date is Mon 2 Nov, with allotment on Thu 29 Oct.