Gaja Alternative Asset Shares List at 16% Premium over IPO Price on NSE, BSE

Gaja Alternative Asset Management share price jumps nearly 20% on debut day, lists with nearly 16% premium on NSE, BSE

The stock listed at ₹185 on the NSE, against the issue price of ₹160, while on the BSE it began trading at ₹185.20, a 15.7% premium

Gaja Capital makes firm debut, lists at 16% premium on BSE

Gaja Capital debuts on BSE at Rs 185.20, 15.75% above issue price. Raised Rs 550 crores via IPO, focusing on India's high-growth alternative asset management market with strong long-term prospects.

Gaja Alternative Asset Management IPO Listing: Shares make decent debut on NSE and BSE, list at 16% premium

The Rs 550-crore initial public offering of Gaja Alternative Asset Management Ltd received a reasonable response from investors and was subscribed 31.33 times on the last day of bidding on Friday.

Gaja Alternative shares make decent listing gains at 16% premium; should you buy, sell or hold?

The company's relatively concentrated earnings profile and dependence on the performance and exits of Indian mid-market private equity investments warrant a conservative valuation, said an analyst.

Gaja Alternative Asset shares list at 16% premium over IPO price on NSE, BSE

Gaja Alternative Asset Management shares made a strong debut on Wednesday, listing nearly 16% above the IPO price. The Rs 550-crore issue received robust demand during subscription, led by institutional and non-institutional investors, with the overall issue subscribed 31.33 times.

Gaja Alternative Asset shares to list today. Check GMP ahead of debut

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.