Gaja Alternative Asset Management’s initial public offering closed for subscription on Aug. 21 after opening on Aug. 19, according to the company’s issue information and market coverage. The price band was set at ₹152 to ₹160 per share, with the issue size reported at ₹550 crore.
The Economic Times IPO dashboard lists Aug. 24 as the expected allotment date, Aug. 25 for refunds and credit of shares, and Aug. 26 as the proposed listing date. Those dates describe the published issue timetable and remain subject to the formal exchange and registrar process.
The Securities and Exchange Board of India’s filing page carries the company’s red herring prospectus and abridged prospectus. Those documents are the primary source for the offer structure, while an IPO dashboard is useful for the timetable and market-summary information.
Grey-market premium, or GMP, is not an official exchange price or a guarantee of listing performance. Mint’s IPO page showed no GMP quote, while unofficial market trackers displayed figures that can change quickly and may not agree with one another.
Investors reviewing the Gaja Alternative IPO GMP today should therefore separate the unofficial grey-market discussion from the confirmed price band and timetable. A GMP number does not replace the prospectus, allotment result or the price discovered when trading begins.
The next reported milestones are allotment, refunds and listing. Readers should verify any allotment or listing update through the registrar, exchange and company disclosures. This report describes the published schedule and the limits of GMP information; it is not an investment recommendation.
