EAAA India Alternatives Limited launched its initial public offering (IPO) on October 26, 2026. The IPO is an offer for sale of 72.07 lakh shares by promoter Edelweiss Securities and Investments Pvt Ltd. The price band for the shares is set between ₹1,585 and ₹1,665 per share. The issue will close on October 28, 2026. This IPO does not include any fresh issuance of shares, so the company itself will not receive any proceeds from the sale. Instead, the money raised will go to the selling shareholders.
- The IPO is solely an offer for sale of 72.07 lakh shares by the promoter.
- The price band is ₹1,585 to ₹1,665 per share.
- The IPO opened on October 26 and closes on October 28, 2026.
- Retail investors can apply for a minimum of 9 shares and in multiples thereafter.
- The company raised ₹360 crore in an anchor round before the IPO.
- EAAA India Alternatives operates across multiple asset classes including infrastructure, private credit, and commercial real estate.
What is the nature of the EAAA India Alternatives IPO?
The IPO is an offer for sale of existing shares held by the promoter, Edelweiss Securities and Investments Pvt Ltd. There is no fresh issuance of shares, meaning the company will not receive any funds from this IPO. The proceeds will go to the selling shareholders. This type of IPO allows existing shareholders to liquidate their holdings in the company.
What is the price band and lot size for the IPO?
The price band for the IPO is fixed between ₹1,585 and ₹1,665 per share. Retail investors can apply for a minimum of 9 shares and in multiples of 9 thereafter. This means the smallest investment a retail investor can make is approximately ₹14,265 at the upper price band.
What are the key dates for the IPO?
The IPO opened on Monday, October 26, 2026, and will close on Wednesday, October 28, 2026. Subscription details for the first day will be available after 10 am on October 26.
What is EAAA India Alternatives Limited?
Incorporated in 2008, EAAA India Alternatives Limited is an alternative investment platform. It manages long-term capital across various asset classes including infrastructure, private credit, and commercial real estate. The company operates in New Delhi, Mumbai, GIFT City, and Singapore.
Who participated in the anchor round before the IPO?
Before the IPO, EAAA India Alternatives raised around ₹360 crore in an anchor round. Investors included well-known mutual funds such as HDFC Mutual Fund, ICICI Prudential Mutual Fund, Nippon India Mutual Fund, Kotak Mahindra Mutual Fund, SBI Mutual Fund, as well as international investors like Norway's Government Pension Fund Global and Schroders.
Why is the company going public?
According to the company’s red herring prospectus, listing the equity shares on the stock exchange is expected to enhance the company’s visibility and brand image. It will also provide liquidity and a public market for the equity shares in India.
