Brokers usually take bids until: Zerodha 4:45 PM, Groww 4:50 PM, Angel One and Upstox 5:00 PM (HNI 4:00 PM). Check the exact time with your broker or bank.
Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Funding balance sponsor commitments to constituent funds and loan repayment
Funding balance sponsor commitments to constituent funds including Fund IV, proposed Fund V, and Secondaries Fund, as well as repayment of bridge loans.
General corporate purposes
Funding general corporate requirements and operational growth initiatives.
(₹ in Crore)
Tap a bar to highlight a metric across periods and show its values.
Established in 1999, Gaja Alternative Asset Management Limited operates as a prominent Indian private equity and alternative investment firm under the brand name Gaja Capital. Based in Mumbai with a registered office in New Delhi, the enterprise serves as an investment manager for SEBI-registered Category I and Category II Alternative Investment Funds. Additionally, it offers strategic advice to foreign funds allocating capital to high-growth Indian middle-market companies. The company implements a value-add investment approach aimed at mid-tier businesses within resilient sectors like financial services, educational institutions, consumer brands, and digital infrastructure. Rather than taking passive equity positions, the firm works closely with portfolio management teams on operational improvements, executive recruitment, capital allocation, and corporate governance standards to drive long-term business growth. Gaja Alternative Asset Management generates revenue through ongoing management fees from managed funds, performance-based carried interest, and returns on sponsor commitments. Operating for over two decades across multiple investment cycles, the management team maintains strong alignment with limited partners by deploying substantial proprietary capital alongside investor funds.
Gaja Alternative Asset Management finalized its anchor book on August 18, 2026, securing Rs 165 crore from 20 institutional and marquee investors at Rs 160 per share. Domestic mutual funds led by Nippon India MF and Invesco MF along with HDFC Life, SBI Life, and marquee investors such as Mukul Agarwal, Ashish Kacholia, and Akash Bhansali participated in the anchor placement.
Source: RHP • Analysis provided for informational purposes
Last Updated: 25 August 2026, 4:56 PM
Established Asset Management Track Record
Over two decades of proven experience managing alternative investment funds across diverse Indian economic cycles and growth sectors.
Value Add Operational Engagement
Hands-on collaboration model working directly alongside founders to refine business strategy, governance, and management talent.
High Sponsor Alignment
Commitment of significant proprietary sponsor capital into managed funds ensures strong alignment of interest with limited partners.
Domain Knowledge Across Growth Sectors
Extensive investment experience in education, financial technology, microfinance, and consumer businesses.
Exposure to Market Volatility and Returns
Revenue streams from management fees and performance carried interest depend on underlying fund valuations and successful portfolio exits.
Regulatory Framework Compliance
Operations are subject to evolving SEBI guidelines governing alternative investment funds, where non-compliance could impact operations.
Key Management Team Reliance
Business continuity and investment performance rely heavily on the leadership and deal-sourcing capabilities of key promoter executives.
Gaja Alternative Asset Management Limited
302, 3rd Floor, Kanchenjunga Building, 18, Barakhamba Road, Connaught Place, Central Delhi, New Delhi - 110001, India
View on Maps →MUFG Intime India Private Limited
No financial information whatsoever published anywhere, within this website, should be considered as an advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this website. The information on this website is based on information available as on date coupled with market perceptions.
You agree with the terms and conditions to use this website.
Grey-market disclaimer. GMP shown here is grey-market news only. We do not trade or deal in the grey market or subject-to rates, nor do we recommend trading in the grey market.
Not investment advice. IPO Nex is an information tool, not investment advice. We do not recommend buying or selling any securities. Always do your own research before applying to any IPO.
IPO Nex does not guarantee any listing gain or return. IPO investments are subject to market risks.
All times are IST.
© 2026 IPO Nex by Niota. All rights reserved.