# EAAA India Alternatives IPO Subscribed 5.25x

> EAAA India Alternatives IPO subscribed 5.25 times with 1% grey market premium.
- Title: EAAA India Alternatives IPO Subscribed 5.25x | Shortify
- Summary: EAAA India Alternatives IPO subscribed 5.25 times with 1% grey market premium. EAAA India Alternatives IPO received 5.25x oversubscription with 1% grey…
- Keywords: eaaa india alternatives, ipo, subscription status, grey market premium, nse, bse, axis capital ltd, edelweiss securities, money, business, EAAA, India
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/ipos/fpos/eaaa-india-alternatives-ipo-day-3-check-gmp-subscription-status-and-key-details/articleshow/135252160.cms
- Author: Ritesh Presswala
- Published: 2026-10-28T04:35:00+00:00
- Read time: 1 min
- Topics: eaaa india alternatives, ipo, subscription status, grey market premium, nse, bse, axis capital ltd, edelweiss securities, money, business
## IPO Subscription Status
EAAA India Alternatives IPO received 5.25 times oversubscription on final subscription day.

> EAAA India Alternatives received decent demand from investors, garnering bids for 2,78,11,539 shares against the 52,99,684 shares on offer
## Grey Market Premium
IPO commands 1% grey market premium over upper price band of Rs 1,665.

> EAAA India Alternatives IPO is commanding a grey market premium (GMP) of Rs 15 per share, or around 1% over the upper end of the price band of Rs 1,665
## IPO Price Band
IPO price band fixed at Rs 1,585, Rs 1,665 per share with face value of Rs 5.

> EAAA India Alternatives has fixed the IPO price band at Rs 1,585, Rs 1,665 per equity share, with a face value of Rs 5 per share
## Issue Details
Entirely an offer for sale with Rs 360 crore raised from anchor investors.

> The Rs 1,200-crore public issue is entirely an offer for sale (OFS) of 72.07 lakh equity shares by promoter selling shareholder Edelweiss Securities & Investments Pvt. Ltd.
## Listing Schedule
Shares tentatively list on NSE and BSE on November 2, 2026.

> The shares are tentatively scheduled to list on the NSE and BSE on November 2, 2026
## Investor Bidding
QIBs led subscription with 13.13x bids followed by NIIs at 4.57x and RIIs at 1.03x.

> Qualified Institutional Buyers (QIBs) led the demand with 13.13 times subscription, followed by Non-Institutional Investors (NIIs) at 4.57 times and Retail Individual Investors (RIIs) at 1.03 times
## Financial Performance
Reported 23% YoY income increase to Rs 964 crore in FY26 with 15% PAT rise.

> EAAA India Alternatives Ltd. reported a 23% year-on-year increase in total income to Rs 964 crore in FY26, compared with Rs 787 crore in FY25
## Company Background
Founded in 2008, focuses on real assets and private credit markets with Rs 95,344.88 crore AUM.

> Incorporated on May 14, 2008, EAAA India Alternatives Ltd. is an alternative investment management platform focused on India's real assets and private credit markets
## Market Valuation
IPO valued at 317-333x face value with 39.27-41.25x P/E multiple.

> The IPO's price band represents a valuation of 317 times the face value at the lower end and 333 times at the upper end
## Key Details
Book-running leads: Axis Capital, Jefferies India, Motilal Oswal, Nuvama Wealth.

> Axis Capital Ltd., Jefferies India Pvt. Ltd., Motilal Oswal Investment Advisors Ltd. and Nuvama Wealth Management Ltd. are the book-running lead managers to the issue
## Key takeaway

EAAA India Alternatives IPO received 5.25x oversubscription with 1% grey market premium indicating modest listing gains.