EAAA India Alternatives fixes price band at Rs 1,585-1,665 per share for Rs 1,200-crore IPO

The proceeds from the public issue, excluding offer-related expenses, will go to the selling shareholder. EAAA India Alternatives will not receive any proceeds from the offering. The IPO will open for subscription on October 26 and close on October 28. The one-day anchor book for institutional investors will open on October 23. Shares of EAAA India Alternatives are expected to list on the stock exchanges on November 2.

Investors can bid for a minimum of nine equity shares and in multiples of nine shares thereafter. Accordingly, the minimum investment for retail investors will be Rs 14,985, while the maximum investment will be Rs 1,94,805. EAAA India Alternatives manages long-term patient capital and had assets under management (AUM) of Rs 95,344.8 crore across its real assets and private credit business verticals as of June 2026.

Under its real assets business, the company invests in infrastructure and commercial real estate assets characterised by low counterparty risk and long residual tenures. It deploys capital through a mix of equity, quasi-equity and debt instruments. In its private credit business, the company provides credit and flexible financing solutions across four sub-verticals: performing credit, special situations, real estate credit and investment-grade credit.

It also offers portfolio management services that provide co-investment opportunities. Financial performance The alternative asset manager reported a profit of Rs 80.7 crore in the quarter ended June 2026, a 45 percent increase from Rs 55.7 crore in the corresponding quarter of the previous fiscal year. Revenue from operations rose 44.4 percent year-on-year to Rs 275.5 crore from Rs 190.8 crore in the same period a year earlier.

Axis Capital, Jefferies India, Motilal Oswal Investment Advisors and Nuvama Wealth Management are acting as merchant bankers to the EAAA India Alternatives IPO.