New Delhi, Oct. 25 -- EAAA India Alternatives Ltd, backed by Edelweiss Alternatives, is an alternative investment platform focused on real assets and private credit. Institutional clients, including pension funds and insurance companies, account for 49.32% of its assets under management (AUM), while non-institutional clients contribute the remaining 50.68%.

The company is looking to raise around Rs.1,200 crore through its initial public offering (IPO), which is entirely an offer for sale, at a price band of Rs.1,585-1,665 per share. The issue opens on 26 October. At the upper end of the price band, EAAA India Alternatives would have an implied market capitalization of Rs.10,765 crore.

The investment case hinges on how EAAA generates inc...