Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.
Incorporated in April 1999, Gaja Alternative Asset Management Limited is an independent, home-grown alternative asset management company with over two decades of experience in managing and advising India-focused funds, including Category I and Category II AIFs, as well as offshore funds investing in India.
The Company focuses on alternative investments across sectors such as education, energy and environment, financial services, consumer, and digital technology, with a differentiated investment approach focused on the mid-market segment.
Gaja Alternative Asset Management has built a strong track record through multiple fund cycles, with the Gaja Capital Funds comprising Fund II, Fund III, and Fund IV, supported by long-standing relationships with investors across more than 20 countries.
The Company had committed approximately ₹274 crore as Sponsor Commitment, representing 6.41% of the total size of the Gaja Capital Funds as of March 31, 2026.
The Company generates income through management fees, carried interest, and gains from sponsor commitments, with a focus on capturing the economic value generated by the funds managed and advised by it.
Gaja Capital follows an invest-and-collaborate approach, working closely with portfolio companies across areas such as product, sales, human resources, and financial management.
As of March 31, 2026, the Company had 37 personnel, including 23 permanent and 14 contractual employees.
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|
A quick overview of the key financial performance of Gaja Alternative Asset Management Limited.
*All values are in Rs. Cr
Revenue increased by 28%, Profit after Tax (PAT) increased by 32%, Total Assets increased by 56% between FY2025 and FY2026.
| Period Ended | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 103.96 | 123.31 | 157.80 |
| Assets | 388.60 | 451.87 | 706.49 |
| Total Income | 103.96 | 123.31 | 157.80 |
| Profit After Tax | 44.74 | 61.95 | 81.96 |
| EBITDA | 49.25 | 60.81 | 72.05 |
| Net Worth | 331.88 | 388.97 | 606.52 |
| Reserves & Surplus | 331.86 | 388.95 | 550.07 |
| Total Borrowings | 3.51 | 4.00 | 41.56 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 93 | ₹ 14,880 |
| Retail (Max) | 13 | 1,209 | ₹ 1,93,440 |
| S-HNI (Min) | 14 | 1,302 | ₹ 2,08,320 |
| S-HNI (Max) | 67 | 6,231 | ₹ 9,96,960 |
| B-HNI (Min) | 68 | 6,324 | ₹ 10,11,840 |
| KPI | Latest |
|---|---|
| ROE (%) | 16.47 |
| Debt / Equity | 0.07 |
| RoNW (%) | 13.13 |
| PAT Margin (%) | 51.94 |
|
Pre IPO
Post IPO
|
|
| EPS (₹) |
7.26
5.81
|
| P/E (x) |
22.04
27.54
|
| Promoter Holding (%) |
61.4
-
|
| Market Cap | 1806 |
