EAAA India Alternatives Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹1585-₹1665
- Lot size
- 9 shares
- Issue amount
- ₹1,200 cr
- Total subscription
- 5.51×
- Opens
- 26 Oct 2026
- Closes
- 28 Oct 2026
- Allotment
- 29 Oct 2026
- Listing
- 2 Nov 2026
Offer at a glance
Issue overview
- Issue size
- 72,07,208 shares
- Face value
- ₹5 per share
- Minimum investment
- ₹14,265
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹1,200 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,985
- Issue type
- Bookbuilding IPO
- Shares before issue
- 6,46,55,246
- Shares after issue
- 6,46,55,246
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 9 | ₹14,985 |
| sHNI | 14 | 126 | ₹2,09,790 |
| bHNI | 67 | 603 | ₹10,03,995 |
Share reservation
Subscription & GMP
Subscription by category
Reported 28 Oct 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 2,80,280 | 87,464 |
| HNIs(10L +) | 5,720 | 4,660 |
| HNIs (2-10L) | 2,860 | 4,237 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 240 | 3,311.45 |
| RETAIL | 420 | 455.38 |
| NIB | 180 | 865.13 |
| HNIs 2+ | 60 | 119.96 |
| HNIs 10+ | 120 | 745.17 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-26 | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|---|
| EPS | 12.56 | 41.26 | 35.75 | 27.25 |
| ROE | 0 | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 | 0 |
| RONW | 28.96 | 25.97 | 27.1 | 27.3 |
| PRE IPO(PE) | 0 | 40.59 | 0 | 0 |
| POST IPO(PE) | 33.35 | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| EAAA India Alternatives Limited | 0 | 0 | 5.00 | 163.69 | 25.97 | 41.26 |
| 360 One WAM Limited | 35.67 | 0 | 1.00 | 242.17 | 14.39 | 30.16 |
| Aditya Birla Sun Life AMC Limited | 29.84 | 0 | 5.00 | 139.94 | 25.10 | 33.76 |
| Anand Rathi Wealth Limited | 90.69 | 0 | 5.00 | 120.23 | 47.54 | 47.87 |
| HDFC Asset Management Company Limited | 33.76 | 0 | 5.00 | 215.42 | 32.93 | 66.77 |
| Gaja Alternative Asset Management Limited | 16.47 | 0 | 5.00 | 53.73 | 16.47 | 7.17 |
| Nippon Life India Asset Management Limited | 43.99 | 0 | 10.00 | 73.01 | 34.48 | 24.05 |
| Nuvama Wealth Management Limited | 30.99 | 0 | 2.00 | 226.37 | 27.34 | 57.59 |
| UTI Asset Management Company Limited | 27.93 | 0 | 10.00 | 350.50 | 10.38 | 31.51 |
| ICICI Prudential Asset Management Company Limited | 45.95 | 0 | 1.00 | 84.39 | 85.80 | 66.73 |
Company information
Company profile
Incorporated in 2008, EAAA India Alternatives Limited operates an assets under management (AUM) platform in India and runs a diversified, multi-strategy alternative investment platform focused on large, under-tapped, and fast-growing asset classes, with an emphasis on delivering income and yield solutions to clients. The company operates through two key business verticals, real assets and private credit, and is supported by its wholly owned subsidiary, Sekura India Management Limited, which forms part of the portfolio operating and management team and provides services such as operations, maintenance, monitoring, efficiency improvement, and turnaround management. As of September 30, 2024, the company’s client base was spread across India, North America, Europe, and other global regions, and as of September 30, 2025, it had 5,398 client relationships globally and in India through the funds it managed, including 1,179 repeat clients.
Strengths
- Strong Presence in Real Assets & Private Credit: The company has over 17 years of experience in India’s growing real assets and private credit markets, supported by consistent fundraising across multiple fund series.
- Diversified Investment Platform: The company offers alternative investment products across performing credit, special situations, real estate credit, infrastructure yield and energy transition, backed by a consistent performance track record.
- Diversified & Established Client Base: As of June 30, 2026, the company had 11,009 client relationships globally, including 1,493 repeat clients. Its institutional and non-institutional clients across India, North America and Europe provide opportunities for future growth.
Risk factors
- Volatility in Additional Returns: Variable Additional Return contributed 32.41%, 27.54%, 30.14%, 24.25% and 16.19% of total income during the reported periods. Its timing and receipt are unpredictable, which can lead to fluctuations in cash flows.
- Dependence on Fees and Investment Returns: The company’s revenue and profits depend on management and advisory fees, GP income and additional returns from managed funds. Any decline in these income sources could reduce profitability.
- Uncertainty in Future Growth: FPAUM grew at a CAGR of approximately 23.43% over the last three financial years, but past growth may not continue. Difficulty in managing future expansion could negatively affect financial performance.
Promoters
Edelweiss Financial Services Limited
Edelweiss Securities and Investments Private Limited
Edel Finance Company Limited
Edelweiss Global Wealth Management Limited
Registrar & documents
Lead manager
Axis Capital Limited, Jefferies India Private Limited, Motilal Oswal Investment Advisors Limited, Nuvama Wealth Management Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Edelweiss House, Off C.S.T Road, Mumbai City, Kalina Mumbai, Maharashtra, 400098
+912240194706
[email protected]Company website ↗Understanding EDELALTS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.