Gaja Alternative Asset Management IPO — GMP Today, Price Band, Dates & Listing
Gaja Alternative Asset Management IPO (NSE: GAJA) opened on 19 Aug 2026 and closed on 21 Aug 2026 on NSE. Price band Rs 152–160, lot size 93 shares (minimum application Rs 14,880, one lot at the upper band). Listed on 26 Aug 2026 at +5.42% over the issue price on day one.
Gaja Alternative Asset Management IPO details
| Status | Listed |
| Open date | 19 Aug 2026 |
| Close date | 21 Aug 2026 |
| Price band | Rs 152–160 |
| Lot size | 93 shares |
| Minimum investment | Rs 14,880 (one lot at the upper band) |
| Face value | Rs. 5 per Equity Share |
| Issue type | 100% Book Building |
| Issue size (NSE summary) | Initial Public Offer comprising of Fresh Issue aggregating up to Rs. 4,500 million and Offer for Sale aggregating up to Rs. 1,000 million. (Including Anchor Investor portion of 1,03,12,500 Equity Shares) |
| Listing date | 26 Aug 2026 (listed) |
| Exchange | NSE |
| Lead managers | JM Financial Limited and IIFL Capital Services Limited |
| Registrar | MUFG Intime India Private Limited |
| NSE symbol | GAJA |
| Prospectus | Red herring prospectus (NSE archive, zip) |
Face value, lot, issue type, issue size, lead managers and registrar are as filed on NSE's IPO detail page (GAJA). Page data as of 24 Sep 2026.
Subscribed 15.63x on NSE as of 21 Aug 2026, 19:00 IST (NSE). Category and day-wise breakdown.
Key dates
| Issue opens | 19 Aug 2026 |
| Issue closes | 21 Aug 2026 |
| Basis of allotment | 24 Aug 2026 (expected, T+1) |
| Refunds / demat credit | 25 Aug 2026 (expected, T+2) |
| Listing | 26 Aug 2026 (listed) on NSE |
Post-close dates follow SEBI's T+3 listing timeline counted in working days from the close; registrar and exchange notices are final.
Gaja Alternative Asset Management listing performance
| Issue price | Rs 160.00 |
| Listed on | 2026-08-26 |
| Listing day open | Rs 185.00 |
| Listing day close | Rs 168.67 |
| Listing gain (close vs issue) | +5.42% |
| Latest close | Rs 150.04 |
| Return since issue | -6.23% |
Listing-day and latest prices from NSE end-of-day data (symbol GAJA). Latest close as of 2026-09-23. Listing-day gain is measured within the listing week and is unaffected by corporate actions; return since issue is price-only, excludes dividends and is not adjusted for splits or bonuses.
What the GMP means for Gaja Alternative Asset Management
Grey Market Premium (GMP) is the unofficial premium at which an IPO's shares change hands before listing. A positive GMP signals bullish pre-listing sentiment, but it is unregulated, volatile and routinely diverges from the actual listing price in both directions — treat it as a thermometer, never a forecast. Read our full What is GMP? guide for how the grey market works.
Apply, allotment and listing
- How to apply: step-by-step UPI/ASBA instructions in our IPO application guide.
- Allotment status: registrar link and the T+3 timeline on the Gaja Alternative Asset Management allotment page.
- Compare with other issues: the full live board is on IPO GMP Today and the IPO Calendar.
- Need a demat account? see best brokers for IPO applications.
FAQs on Gaja Alternative Asset Management IPO
What is Gaja Alternative Asset Management IPO GMP today?
Gaja Alternative Asset Management has listed, so its grey market premium no longer applies. The listing performance table on this page has the actual debut price and gain.
When did the Gaja Alternative Asset Management IPO open and close?
Gaja Alternative Asset Management's subscription window opened on 19 Aug 2026 and closed on 21 Aug 2026.
What is the Gaja Alternative Asset Management IPO price band and lot size?
For Gaja Alternative Asset Management, the price band is Rs 152–160 and one lot is 93 shares (minimum application Rs 14,880, one lot at the upper band).
Who is the registrar for the Gaja Alternative Asset Management IPO?
The registrar to the Gaja Alternative Asset Management IPO is MUFG Intime India Private Limited (as filed on NSE). Allotment status is checked on the registrar's website once the basis of allotment is finalised — the link is on our Gaja Alternative Asset Management allotment status page.
How did Gaja Alternative Asset Management perform on listing day?
Gaja Alternative Asset Management listed on 26 Aug 2026 and closed its first day at Rs 168.67, +5.42% against the issue price (NSE end-of-day data).