Gaja Alternative Asset Management Limited’s IPO to Open on August 19

Ahmedabad: Gaja Alternative Asset Management Limited shall open the Bid/Offer in relation to its Initial Public Offer of Equity Shares on Wednesday, August 19, 2026, the company said today.

As per the company, the Price Band of the Offer has been fixed at ₹152 to ₹160 per Equity Share. Bids can be made for a minimum of 93 Equity Shares and in multiples of 93 Equity Shares thereafter. The Anchor Investor Bidding Date shall be Tuesday, August 18, 2026. The Bid/Offer shall open on Wednesday, August 19, 2026, and the Bid/Offer shall close on Friday, August 21, 2026.

The total offer size of equity shares with a face value of ₹5 each, aggregating up to ₹550 crore, comprises a fresh issue of equity shares aggregating up to ₹450 crore and an Offer for Sale of equity shares aggregating up to ₹100 crore.

The company proposes to utilise the net proceeds from the fresh issue by investing towards the balance Sponsor Commitment to the following constituent funds of Fund IV and for repayment of the Bridge Loan Amount: (i) Gaja Capital India Fund 2020 LLP; (ii) Gaja Capital India Fund 2021 (formerly known as Gaja Capital India Fund 2020); and (iii) Bridge Loan Amount. Investing towards its Sponsor Commitment to the proposed Fund V; and investing towards its Sponsor Commitment to the Secondaries Fund and general corporate purposes.

The Equity Shares to be offered through this Red Herring Prospectus are proposed to be listed on BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” and together with BSE, the “Stock Exchanges”). For the purposes of the Offer, NSE is the Designated Stock Exchange.

JM Financial Limited and IIFL Capital Services Limited (formerly known as IIFL Securities Limited) are the book-running lead managers to the issue.