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EAAA India Alternatives IPO
EDELALTSPrice Band
₹1585.0–1665.0
Issue Size
₹1200.0 Cr
Lot Size
9 shares
Min Investment
₹14,985
GMP
+₹17.0 (1.02%)
Issue Price
₹1665.0
Subject to Sauda
₹100
Paid only if allotted
EAAA India Alternatives IPO AI Summary
- EAAA India Alternatives IPO is open now on BSE, NSE in the Asset Management Company sector.
- Price band: ₹1585.0–₹1665.0 per share, lot size 9 shares (min. investment ₹14,985).
- Subscription window: 26 Oct–28 Oct 2026, listing on 02 Nov 2026.
- Current GMP is +₹17.0 (1.02%), an estimated listing price of ₹1682 — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
EAAA India Alternatives IPO — Third-Party Research Views
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
LIVE · updates every 5 minOverall Subscription
0.12x
| Category | Subscription | Status |
|---|---|---|
| QIB (Institutional) |
0.08x
|
0.08x |
| NII (HNI) |
0.33x
|
0.33x |
| ↳ bNII (>₹10L) |
0.49x
|
0.49x |
| ↳ sNII (<₹10L) |
0.02x
|
0.02x |
| Retail (RII) |
0.04x
|
0.04x |
| Total | 0.12x | 0.12x |
Auto-updated every 5 min · As of 26th Oct 2026 17:56
EAAA India Alternatives IPO Grey Market Premium (GMP) Today
GMP
+₹17.0
GMP %
+1.02%
Est. Listing
₹1682.0
Updated: 26 Oct 2026 23:30
GMP Trend (Last 6 Days)
TopFund Score — Listing Data Indicator
GMP is 1.0% above issue price
QIB subscribed 0.08x
No anchor allocation for this IPO
Similar IPOs (same sector & type) averaged 14.2% listing gain
A rules-based composite of GMP, subscription demand, anchor participation and comparable-IPO history — each weighted as shown above. Not a statistically validated probability, a guarantee of listing performance, or personalized investment advice.
Limitations: weights are fixed by TopFund, not backtested against outcomes; the "Historical Similar-IPO Performance" factor needs at least 3 comparable past listings and falls back to a broader, less specific cohort when this sector/type doesn't have enough; GMP and subscription data can change daily right up to listing day, so scores shown may already be stale — check the "as of" date above.
About the Company
Incorporated in 2008, EAAA India Alternatives Limited offers assets under management (AUM) platform in India. The company operate a diversified, multi-strategy platform, in large, under-tapped and fast-growing alternative asset classes, focusing on providing income and yield solutions to our clients. The key business strategies include: (i) real assets (“Real Assets”) and (ii) private credit (“Private Credit”). EAAA India's wholly owned subsidiary, Sekura India Management Limited (“Sekura”), proficiently supports the company's various business strategies, including operations, maintenance, monitoring, efficiency improvement, and turnaround management and is part of the company's portfolio operating and management team (“POMT”). As of September 30, 2024, EAAA India Alternatives Limited clients are distributed across key geographies: (i) India, (ii) North America, (iii) Europe, and (iv) the rest of the world.
Company Financials (₹ Cr)
As of 2026-06-30
| Period Ended | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 2,101.84 | 2,170.28 | 2,085.07 | 1,769.66 |
| Total Income | 336.13 | 963.76 | 786.54 | 584.25 |
| Profit After Tax | 80.71 | 265.20 | 229.78 | 175.16 |
| NET Worth | 1,160.38 | 1,075.54 | 966.45 | 729.48 |
| Reserves and Surplus | 1,128.24 | 1,043.40 | 934.31 | 480.64 |
| Total Borrowing | 399.20 | 441.03 | 507.49 | 444.83 |
Key Ratios
EPS
₹41.02
NAV
₹163.69
ROE
25.97%
RoNW
25.97%
P/B Value
10.17
P/E Ratio
40.59
Market Cap
₹10765.10 Cr
PAT Margin
27.52%
Debt/Equity
0.41
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Icici Prudential Asset Management Co.Ltd. | 84.39 | 85.8% | 45.95 | 66.73 | 66.73 |
| Uti Asset Management Co.Ltd. | 350.5 | 10.38% | 27.93 | 31.51 | 31.41 |
| Nuvama Wealth Management Ltd. | 226.37 | 27.34% | 30.99 | 57.59 | 56.06 |
| Nippon Life India Asset Management Ltd. | 73.01 | 34.48% | 43.99 | 24.05 | 23.63 |
| Gaja Alternative Asset Management Ltd. | 53.73 | 16.47% | 16.47 | 7.17 | 7.17 |
| Hdfc Asset Management Co.Ltd. | 215.42 | 32.93% | 33.76 | 66.77 | 66.5 |
| Anand Rathi Wealth Ltd. | 120.23 | 47.54% | 90.69 | 47.87 | 47.17 |
| Aditya Birla Sun Life Amc Ltd. | 139.94 | 25.1% | 29.84 | 33.76 | 33.68 |
| 360 One Wam Ltd. | 242.17 | 14.39% | 35.67 | 30.16 | 29.19 |
| EAAA India Alternatives Ltd This IPO | 163.69 | 25.97% | — | 41.26 | 40.36 |
Promoters
Edelweiss Financial Services Ltd., Edelweiss Securities & Investments Pvt.Ltd., Edel Finance Co.Ltd., Edelweiss Global Wealth Management Ltd.axi
IPO Evaluation
Generated 24 Oct 2026Revenue Trend
Total income was ₹584.25 Cr in the period ending 31 Mar 2024, increasing to ₹786.54 Cr by 31 Mar 2025, and further rising to ₹963.76 Cr by 31 Mar 2026. However, in the most recent period ending 30 Jun 2026, total income decreased to ₹336.13 Cr, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit after tax was ₹175.16 Cr in the period ending 31 Mar 2024, which rose to ₹229.78 Cr by 31 Mar 2025, and further increased to ₹265.20 Cr by 31 Mar 2026. The profit after tax then decreased to ₹80.71 Cr in the most recent period ending 30 Jun 2026, though this is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
At the issue price of ₹1665, EAAA India Alternatives Limited is priced at a P/E ratio of approximately 40.59. This is in comparison to peers with P/E ratios ranging from 16.47 to 90.69.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected premium at which shares might trade on the grey market before listing. A positive GMP suggests that investors are optimistic about the stock's performance on its listing day.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's essential to consider the company's business model and market conditions.
Who May Want to Wait
Those who prefer stable, established companies with predictable earnings may want to avoid IPOs like this, which can be more volatile and subject to market fluctuations.
IPO Timeline, Explained
The IPO opens for subscription from October 26, 2026, and closes on October 28, 2026. Allotment of shares is expected on October 29, 2026, with the listing date set for November 2, 2026.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While some IPOs experience significant price increases on their first day of trading, others may not perform as well. Investors should be prepared for the possibility of volatility and price corrections.
This evaluation is generated from EAAA India Alternatives's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is EAAA India Alternatives IPO GMP today?
EAAA India Alternatives IPO GMP today is +₹17.0 (1.02%), indicating an estimated listing price of ₹1682. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of EAAA India Alternatives IPO?
The price band of EAAA India Alternatives IPO is ₹1585.0–₹1665.0 per share.
When does EAAA India Alternatives IPO open and close?
EAAA India Alternatives IPO opens on 26 October 2026 and closes on 28 October 2026.
When does EAAA India Alternatives IPO list on the stock exchange?
EAAA India Alternatives IPO is scheduled to list on 02 November 2026, with an estimated listing price of ₹1682.0 based on current GMP.
What is the lot size for EAAA India Alternatives IPO?
The lot size for EAAA India Alternatives IPO is 9 shares, requiring a minimum investment of ₹14,985.
What is the TopFund Listing Data Indicator for EAAA India Alternatives?
EAAA India Alternatives's Listing Data Indicator score is 26/100 (Low signal), a weighted composite of GMP strength, subscription demand, anchor investor interest and how similar past IPOs performed on listing. It's a rules-based summary of public market data, not a statistically validated probability, a guarantee, or personalized investment advice.
What is the issue price of EAAA India Alternatives Limited?
The issue price is set at ₹1665.
What is the minimum investment required?
The minimum investment required is ₹14,985 for a lot size of 9 shares.
When does the IPO open and close?
The IPO opens on October 26, 2026, and closes on October 28, 2026.
What does GMP stand for?
GMP stands for Grey Market Premium, indicating the expected premium at which shares might trade before listing.
When is the listing date for the shares?
The listing date is scheduled for November 2, 2026.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
26 Oct 2026
Close
28 Oct 2026
Allotment
29 Oct 2026
Listing
02 Nov 2026
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