Upcoming IPO: Edelweiss unit EAAA India Alternatives' Rs.1,200 cr public issue to open on Oct 26 - Top things to know
New Delhi, Oct. 21 -- EAAA India Alternatives Ltd, an alternative investment platform backed by Edelweiss Financial Services, has fixed the price band for its Rs.1,200-crore initial public offering (IPO) at Rs.1,585-1,665 per share.
The public issue will open for subscription on October 26 and close on October 28, according to an announcement issued on Wednesday. The bidding window for anchor investors will open on October 23.
At the upper end of the price band, EAAA India Alternatives will command an implied market capitalisation of Rs.10,765 crore. At the lower end, the company's valuation stands at Rs.10,248 crore.
The IPO price band was approved by the company's IPO Committee at a meeting held on October 20.
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