Gaja Alternative Asset Management's listing marks a significant step for the industry. The company is the first pure-play PE asset manager to list domestically. This listing allows retail investors indirect access to private equity investments. Gaja Alternative has committed capital of ₹3,200 crore as of March 31, 2026. The company raised ₹550 crore through its initial public offering.

Gaja Alternative Asset Management IPO allotment is expected today, August 24, after its Rs 550 crore issue was subscribed 31.33 times. QIBs led demand at 43.58 times, while NIIs…

The IPO, which was open for subscription from August 19 to August 21, drew a strong response, with the issue subscribed 31.33 times overall.