Gaja Alternative IPO Allotment Status: How To Check On BSE, NSE And MUFG Intime India?

The initial public offering (IPO) of Gaja Alternative Asset Management witnessed strong demand from investors for its Rs 550 crore issue. The focus now shifts to the share allotment process for successful bidders, scheduled for Aug. 24.

The issue remained open for subscription from Aug. 19 to 21. Its listing is scheduled on NSE and BSE with a tentative date of Aug. 26.

If allotted, shares should reach investors’ Demat account on Aug. 25, ahead of listing. The refund status will also be initiated on the same day.

Investors can check Gaja Alternative Asset Management IPO allotment status online through the websites of BSE and NSE, along with the official portal of the IPO registrar – MUFG Intime.

Gaja Alternative Asset Management IPO Allotment Status: How To Check On BSE

• Step 1: Visit BSE website on this link here: bseindia.com/investors/appli_check.aspx
• Step 2: Select ‘Equity’ in the Issue Type
• Step 3: Choose ‘Gaja Alternative Asset Management’ in the Issue Name dropdown menu
• Step 4: Enter either Application No. or PAN
• Step 5: Verify by ticking on ‘I am not robot’ and click on ‘Search’
• Gaja Alternative Asset Management IPO allotment status will appear on the screen

Gaja Alternative Asset Management IPO Allotment Status: How To Check On NSE

• Step 1: Visit NSE allotment status page on its website here: NSE IPO Allotment Page
• Step 2: Select ‘Equity and SME IPO bids’
• Step 3: Choose ‘GAJA’ from the Issue Name dropdown menu
• Step 4: Enter your PAN and Application Number
• Step 5: Click on Submit.
• Step 6: Gaja Alternative Asset Management IPO allotment status will be displayed on the screen.

Gaja Alternative Asset Management IPO Allotment Status: How To Check On MUFG Intime

• Step 1: Visit IPO registrar’s website on this link here: in.mpms.mufg.com/Initial_Offer/public-issues.html
• Step 2: Choose ‘Gaja Alternative Asset Management’ in the Select Company dropdown menu
• Step 3: Select either PAN, Application No, DI/Client ID, or Account No/IFSC
• Step 4: Enter the details as per the option selected
• Step 5: Click on Submit
• Step 6: Gaja Alternative Asset Management IPO allotment status will be displayed on the screen.

Gaja Alternative Asset Management IPO GMP

Ahead of its listing, Gaja Alternative Asset Management IPO displays strong listing gains for investors. The issue’s latest grey market premium (GMP) stands at Rs 17 as of Aug. 24 at 7:30 a.m. Given the IPO’s upper price band of Rs 160, the estimated listing price comes to be Rs 177.(cap price + today’s GMP). This means that the expected percentage gain stands at 10.62% per share for investors.

Note: GMP does not represent official data and is based on speculation.

ALSO READ: Tempsens Instruments vs Gaja IPO GMP: Which IPO Has Higher Listing Gain Potential?

Gaja Alternative Asset Management IPO Subscription Status

The IPO received bids for 79,35,60,351 shares against 2,53,28,946 shares on offer, resulting in more than 31 times subscription.

Gaja Alternative Asset Management IPO Details

The issue is a combination of fresh issue of 2.81 crore shares aggregating to Rs 450 crore and an offer-for-sale (OFS) of 63 lakh shares aggregating to Rs 100 crore.

Gaja Alternative Asset Management IPO price band was set at Rs 152 to Rs 160. The lot size for an application was 93 shares. This means that the minimum amount of investment required by an individual investor (retail) was Rs 14,880 (based on upper price).

JM Financial Ltd. is the book running lead manager and MUFG Intime India Pvt. Ltd. is the registrar of the issue.

Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.
 

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