Mumbai, Aug. 19 -- The initial public offer of Gaja Alternative Asset Management received bids for 2,16,60,258 shares as against 2,53,28,946 shares on offer, according to stock exchange data at 17:00 IST on Tuesday (18 August 2026). The issue was subscribed 0.86 times.

The issue opened for bidding on 19 August 2026 and it will close on 21 August 2026. The price band of the IPO is fixed between Rs 152 and 160 per share. An investor can bid for a minimum of 93 equity shares and multiples thereof.

The initial public offer (IPO) consists of fresh issue to raise Rs 450 through issuance of 2.96 crore equity shares at the lower band of Rs 152 per share (face value Rs 5 per share) and 2.81 crore equity shares at the upper band of Rs 160 per sha...