New Delhi, Aug. 20 -- Gaja Alternative Asset Management IPO has entered into its second day of bidding on Thursday, 20 August, after the public issue received strong response from investors on the first day.

The mainboard IPO, which opened for subscription on Wednesday, 19 August, will close on Friday, 21 August.

Gaja Alternative Asset Management on Tuesday secured Rs.165 crore from anchor investors, a day before its IPO opened for subscription on Wednesday.

As per a notice filed on the BSE, the company allotted nearly 1.03 crore equity shares to anchor investors at Rs.160 apiece, which is the upper limit of its IPO price band.

Nippon India Mutual Fund and Invesco Mutual Fund emerged as the largest participants in the anchor book, com...