New Delhi, Aug. 26 -- Gaja Alternative Asset Management IPO listing: Gaja Alternative Asset Management share price listed at a decent premium of 16% on the NSE and the BSE on Wednesday, 26 August. The stock listed at Rs.185.20 on the BSE and at Rs.185 on the NSE, against its issue price of Rs.160.

The debut of Gaja Alternative shares was slightly better than expected, as the Gaja Alternative IPO GMP (grey market premium) on Wednesday morning was Rs.19, which signalled the stock could list at Rs.179 apiece, a 12% premium over the Rs.160 IPO price.

Gaja Alternative Asset Management is an alternative asset management company that acts as an investment manager to India-focused funds, including category II and category I alternative investme...