New Delhi, Aug. 21 -- The Gaja Alternative Asset Management IPO, which operates under the Gaja Capital brand, opened for public subscription on 19 August and will close on 21 August. The Gaja Alternative IPO price band has been fixed at Rs.152- Rs.160 per equity share.

The Gaja Alternative IPO GMP currently stands at +14. Based on the upper end of the IPO price band and the prevailing grey market premium, the estimated Gaja Alternative share price at listing is Rs.174 apiece, indicating a 8.75% premium over the IPO price of Rs.160.

According to grey market trends observed over the past 9 sessions, the current GMP of Rs.14 indicates negative sentiment. Throughout this period, the GMP fluctuated between Rs.0.00 and Rs.30, according to ana...