Gaja Alternative Asset Management Limited, a well-established, India-focused alternative asset management company, plans to raise INR 550 crore through an IPO.
[Fresh Issue ₹450 Cr + OFS ₹100 Cr]
Gaja alternative asset management ipo price: ₹152–₹160 per share
Gaja Alternative Asset Management: History
The Company was incorporated on April 9, 1999, in New Delhi, India, as View Advisors Private Limited, a private limited company under the Companies Act, 1956.
The Company was then converted into a public limited company on December 9, 2024, under a special resolution passed by the shareholders.
Its name was subsequently changed to Gaja Alternative Asset Management Limited, and the RoC issued a fresh certificate of incorporation on January 1, 2025.
Gaja Alternative Asset Management: Business
Gaja is a well-established alternative asset management company with 20 years of experience.
The Company acts as an investment manager to India-focused funds, including category II and category I alternative investment funds (AIFs), and also acts as an advisor to offshore funds that provide capital to companies in India.
The Company focuses on alternative investments across sectors such as consumer and digital technology, energy and environment, education, and financial services, with a differentiated investment approach focused on the mid-market segment.
Gaja derives income primarily from three income streams –
- Management Fee,
- Carried Interest,
- Sponsor Commitment.
The company is not affiliated with any corporate group or global financial institution, with ownership predominantly held by its leadership team.
As of March 31, 2026, the Company had committed approximately ₹274 crore as Sponsor Commitment, representing 6.41 percent of the total size of the Gaja Capital Funds.
Strategies Ahead
Drive growth in the enterprise value of the company by leveraging the business model and delivering on key value drivers.
Capitalize on the growth of the AIF segment and deepen focus on high-growth sectors in the mid-market segment in the Indian economy.
Focus on delivering sustained growth and investment performance in the flagship private equity strategy.
Leverage expertise to progress on new growth strategies.
Strengthen employee value proposition to continue to attract and retain talent.
Enhance investor reach in India and globally.
Strengthen industry relationships.
Company Promoters
- Gopal Jain,
- Ranjit Jayant Shah,
- Imran Jafar,
- Chitra Jain,
- Mona Ranjit Shah.
Refer to Gaja Alternative Asset Management limited DRHP for more details.
IPO Detail
ipo date: 19 Aug – 21 Aug 2026
Minimum Amount: ₹14,880
Minimum Bid: 93 Shares
Face Value: INR 5 per share
Listing On: NSE, BSE
Financial
Book Running Lead Managers
JM Financial
IIFL Capital Services
CONCLUSION
Considering financial performance and the nature of the business, FinBlab recommends ‘SUBSCRIBE‘ ratings (keeping a long-term view in mind) for the Gaja_alternative_asset_management_ltd_ipo.
Do come back to learn more about “upcoming IPOs”.
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While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.
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