Gaja Alternative Asset Management
Alternative asset management and private equity firm operating under the Gaja Capital brand.
Last updated 3 Sept 2026, 2:29 pm IST
- Price band
- ₹152 – ₹160
- Lot size
- 93
- Issue size
- ₹550 Cr
- Opens
- 19 Aug 2026
- Closes
- 21 Aug 2026
- Exchange
- Both
The numbers
- GMP
- ₹12 (~7.50%)
- Subscription
- 31.33× (final)
- Listing gain
- NSE +15.6% (₹185 vs ₹160, 26 Aug)
- Listing date
- 26 Aug 2026
- Model prediction
- ~+14% expected → Subscribe. Listed +15.6% (₹185 vs ₹160, 26 Aug); call held.
Anil Singhvi's take
The Ticker Tales take
Gaja Alternative Asset Management runs an alternative-asset and private-equity business under the Gaja Capital brand. ₹550 Cr issue at ₹152–160 that closed on 21 Aug. Demand finished strong at ~31.33× but the grey-market premium cooled to ~₹12 (~8% over ₹160), with no clear Anil Singhvi call. Blended, that pointed to a listing pop of roughly 14%, so we called Subscribe. It listed on 26 Aug at ₹185 versus the ₹160 issue price — a +15.6% debut, almost exactly our read, so the call played out.
More details
- Sector
- Asset management / private equity
- Issue type
- Book-built
- Anil Singhvi - Long-term call
- Not clearly stated
- Anil Singhvi - Listing-gain call
- Not clearly stated
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Calls here follow a set formula (GMP, subscription trends) plus Anil Singhvi's publicly shared view — not investment advice. Please do your own research before investing.