Gaja Alternative Asset Management IPO Subscription History

Q: What is the subscription status of Gaja Alternative Asset Management IPO?

As of Aug 21, 2026, the Gaja Alternative Asset Management IPO subscription stands at 32.98× overall, QIB 45.87×, NII 65.63×, Retail 11.61×.

Q: What is the allotment probability for Gaja Alternative Asset Management IPO?

Based on current retail subscription of 11.61×, the allotment probability for Gaja Alternative Asset Management IPO retail investors is estimated as Low–Moderate. Lottery-based allotment.

Q: How can I check Gaja Alternative Asset Management IPO allotment status?

You can check your Gaja Alternative Asset Management IPO allotment status on the registrar&#039;s website (MUFG Intime India Pvt.Ltd) using your PAN number, application number, or DP/Client ID. Alternatively, check through your demat account portal or BSE/NSE websites. Allotment basis date: August 24, 2026.

Q: When will Gaja Alternative Asset Management IPO be listed?

Gaja Alternative Asset Management IPO listing date is August 26, 2026, on NSE,BSE. Shares will be credited to allottee demat accounts 1 day before listing.

MAINBOARD

Subscription Status · Aug 19 – Aug 21, 2026 · ₹152–160

Full IPO Details

The Gaja Alternative Asset Management IPO subscription has recorded strong investor demand with an overall subscription of 32.98× as of Aug 21, 2026, indicating that investors applied for 32.98 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.

QIB (Qualified Institutional Buyers) subscribed 45.87×, heavyweight participation from mutual funds, foreign institutional investors (FIIs), and domestic banks. Strong QIB demand is widely regarded as one of the most reliable indicators of a successful listing.
HNI / NII category. Big NII (bids above ₹10 lakh) subscribed 76.03× and Small NII (below ₹10 lakh) subscribed 44.85×. High-net-worth investors are aggressively leveraging borrowed funds, signalling strong listing-gain expectations.
Retail investors subscribed 11.61×, demand vastly exceeds supply in the retail category. Allotment will be conducted via computerised lottery; each successful applicant is likely to receive exactly 1 lot.

QIB

45.87×

Qualified Institutional Buyers

NII

65.63×

Non-Institutional Investors

bNII

76.03×

Bids above ₹10L

sNII

44.85×

Bids below ₹10L

Retail

11.61×

Retail Individual Investors

Total

32.98×

Heavily Oversubscribed

Live Subscription Data

Last updated: Aug 21, 2026, 5:32 PM IST

Overall

32.98×

Category	Shares Offered	Shares Bid For	Times Subscribed
QIB Qualified Institutional Buyers	6,875,000	315,382,716	45.87×
NII Non-Institutional Investors	5,156,250	338,415,375	65.63×
bNII Bids above ₹10L	3,437,500	261,336,138	76.03×
sNII Bids below ₹10L	1,718,750	77,079,237	44.85×
Retail Retail Individual Investors	12,031,250	139,732,686	11.61×
Total	24,062,500	793,530,777	32.98×

Heavily Oversubscribed — 32.98× overall Allotment probability may be lower due to high demand

Day-wise Subscription Trend

How subscription built up across investor categories over time

Day-wise Subscription History

Snapshot of each day's bidding activity

Wed, Aug 19, 2026

0.90×

Category	Offered	Bid For	Times
QIB	6,875,000	660,300	0.10×
NII	5,156,250	5,765,070	1.12×
bNII	3,437,500	2,838,825	0.83×
sNII	1,718,750	2,926,245	1.70×
Retail	12,031,250	15,212,568	1.26×
Total	24,062,500	21,637,938	0.90×

Thu, Aug 20, 2026

2.39×

Category	Offered	Bid For	Times
QIB	6,875,000	718,425	0.10×
NII	5,156,250	17,286,561	3.35×
bNII	3,437,500	11,310,009	3.29×
sNII	1,718,750	10,016,100	5.83×
Retail	12,031,250	39,607,026	3.29×
Total	24,062,500	57,612,012	2.39×

Fri, Aug 21, 2026

32.98×

Category	Offered	Bid For	Times
QIB	6,875,000	315,382,716	45.87×
NII	5,156,250	338,415,375	65.63×
bNII	3,437,500	261,336,138	76.03×
sNII	1,718,750	77,079,237	44.85×
Retail	12,031,250	139,732,686	11.61×
Total	24,062,500	793,530,777	32.98×

Frequently Asked Questions

What is the current subscription status of Gaja Alternative Asset Management IPO?

As of August 21, 2026, the Gaja Alternative Asset Management IPO has been subscribed 32.98 times overall. The IPO is fully subscribed with strong investor demand.

When was the Gaja Alternative Asset Management IPO subscription window open?

The Gaja Alternative Asset Management IPO subscription window was open from August 19, 2026 to August 21, 2026. Investors could apply through their demat account or ASBA facility.

What is the price band and minimum investment for Gaja Alternative Asset Management IPO?

The Gaja Alternative Asset Management IPO has a price band of ₹152 to ₹160 per share, with a lot size of 93 shares. Minimum retail investment: ₹14,136 (lower band) or ₹14,880 (upper band).

What is the QIB subscription for Gaja Alternative Asset Management IPO?

The QIB category has been subscribed 45.87 times. QIBs were offered 6,875,000 shares. Strong QIB subscription indicates high institutional confidence.

What is the Retail subscription for Gaja Alternative Asset Management IPO?

Retail investors subscribed 11.61 times. Retail was offered 12,031,250 shares. High retail subscription reflects strong small-investor interest.

What is the NII subscription for Gaja Alternative Asset Management IPO?

Overall NII: 65.63×. bNII (>₹10L): 76.03×, sNII (<₹10L): 44.85×. NII includes HNIs and corporate entities investing above ₹2 lakh.

How can I check my Gaja Alternative Asset Management IPO allotment status?

Basis of allotment is on August 24, 2026. Check via the registrar's website, MUFG Intime India Pvt.Ltd using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

When will Gaja Alternative Asset Management IPO be listed?

Gaja Alternative Asset Management IPO is expected to list on August 26, 2026. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.

What does 32.98× subscription mean for Gaja Alternative Asset Management IPO?

A subscription multiple of 32.98× means investors have bid for 32.98 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.

What is the allotment probability for Gaja Alternative Asset Management IPO retail investors?

Based on the current retail subscription of 11.61×, the estimated allotment probability for retail investors is Low–Moderate. Lottery-based allotment. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.

How to apply for Gaja Alternative Asset Management IPO?

You can apply for Gaja Alternative Asset Management IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Aug 19 to Aug 21, 2026.

What is the grey market premium (GMP) for Gaja Alternative Asset Management IPO?

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Gaja Alternative Asset Management IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.

New to reading subscription numbers? Read our guide on IPO subscription explained.