EAAA India Alternatives Limited
Promoters Edel Finance Company Limited · Edelweiss Global Wealth Management Limited · Edelweiss Financial Services Limited · Edelweiss Securities And Investments Private Limited
Against an issue price of ₹1,665. Split- and bonus-adjusted official closes — a past move, never a forecast.
EAAA India Alternatives Limited raised ₹1,200 crore through a mainboard initial public offer.
The filing places it in Finance and names four promoters: Edel Finance Company Limited, Edelweiss Global Wealth Management Limited, Edelweiss Financial Services Limited and Edelweiss Securities And Investments Private Limited.
The book was open from 26 October 2026 to 28 October 2026.
The issue was priced at ₹1,665 a share, from a band of ₹1,585 to ₹1,665.
The whole offer is an offer for sale — ₹1,200 crore paid to existing shareholders selling down, not to the company.
The issuer reported the offer subscribed 5.00 times the shares on offer. That is its own final figure, filed with the exchange after the book closed — not a reading we took while bidding was open.
22.24 lakh shares were bid at cut-off — applications that accept whatever price the issue is finally set at rather than naming one.
26 anchor investors were allotted shares before the book opened, worth ₹360 crore.
The shares listed on 2 November 2026.
The last official close on file is ₹1,700 (5 November 2026), which is 2.1% above the issue price.
It now trades as EDELALTS, and its filed financials are on its company page.
Shares sold in the issue at ₹1,665 last closed at ₹1,700.1.
See EDELALTS’s filed financials and price history →Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.
No fresh issue — every share in this offer is being sold by existing shareholders, so the company itself raises nothing.
- How it was priced
- Book-built — the price was discovered inside a band from the bids received
- Listing sought at
- BSE And NSE
- Designated exchange
- NSE
- Discount
- None offered
- Registered office
- Western India
- Company website
- www.eaaa.in
- Registrar
- MUFG Intime India Private Limited
- Lead managers
- Axis Capital Limited
- Jefferies India Private Limited
- Motilal Oswal Investment Advisors Limited
- Nuvama Wealth Management Limited
- Bidding opens26 Oct 2026
- Bidding closes28 Oct 2026
- Basis of allotmentnot published
Not published in the exchange feeds we ingest — we do not estimate it.
- Listing2 Nov 2026
This is the issuer’s own final figure, filed with the exchange once bidding had closed — not a reading we took while the book was open. The exchange publishes only a running cumulative figure and no history, so for an issue nobody polled live this filing is the only account of the book that exists. It covers the whole offer and carries no breakdown by category and no timestamp.
A snapshot WE took while the book was still open, not the final figure. It is earlier than the filed number above and can only be lower — never quote the two as one measurement. Taken 29 Oct 2026, 7:00 pm IST.
- Anchor investors30.0%21,62,161 sh
- Qualified institutional buyers20.0%14,41,441 sh
- Non-institutional investors15.0%10,81,082 sh
- Retail individual investors35.0%25,22,523 sh
No part of the offer was set aside for market maker, reserved portion or other.
The portion of the offer set aside for each category before bidding opened, as the issuer filed it. The anchor allocation is filed as its own line rather than inside the institutional one, so these add up to the whole offer. Shares as filed; the percentages are computed against the offer's own share count.
Every bid names a price, or accepts whatever the final price turns out to be. This shows how many shares have been bid for at each price or above it — so the bar at the top of the band counts only the bids willing to pay it.
The columns are near-identical because they are: demand falls only 0.19% between ₹1,585 and ₹1,665, so almost every bid was willing to pay the top of the band. The axis starts at zero — the flatness is the finding, not a missing scale.
These accept whatever price the issue is finally set at, so they have no place on the price axis and are not in the chart.
How much of the demand falls away between the bottom and the top of the band.
Cumulative shares bid at or above each price in the band, from the exchange's own demand schedule. Bids placed at cut-off carry no price and are counted separately.
Anchor investors are institutions allotted shares one working day before public bidding opens, at a price fixed then. Their shares are locked in for a set period. At least 6 of them are domestic mutual funds; we could not classify 19 of the names either way.
| ICICI PRUDENTIAL SMALLCAP FUND | ₹38 cr |
| SBI MIDCAP FUND | ₹38 cr |
| HDFC TRUSTEE COMPANY LIMITED-HDFC FLEXI CAP FUNDmutual fund | ₹31.7 cr |
| CARNELIAN BHARAT AMRITKAAL FUND . | ₹20.5 cr |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUNDmutual fund | ₹19 cr |
| NIPPON LIFE INDIA TRUSTEE LTD- A/C NIPPON INDIA BANKING & FINANCIAL SERVICES FUNDmutual fund | ₹19 cr |
| ABAKKUS SMALL CAP FUND | ₹16 cr |
| BANDHAN INNOVATION FUND | ₹16 cr |
| HSBC MUTUAL FUND - HSBC FLEXI CAP FUNDmutual fund | ₹16 cr |
| KOTAK MAHINDRA TRUSTEE CO LTD A/C INFINITY HYBRID LONG- SHORT FUNDmutual fund | ₹15.5 cr |
| ACM GLOBAL FUND VCC | ₹14 cr |
| HORNBILL ORCHID INDIA FUND | ₹14 cr |
| 360 ONE EQUITY OPPORTUNITY FUND-SERIES 2 | ₹11 cr |
| DYNASIF EQUITY EX-TOP 100 LONG SHORT FUND | ₹10 cr |
| GOVERNMENT PENSION FUND GLOBAL | ₹10 cr |
| UNIFI BCAD FUND | ₹10 cr |
| SCHRODER INTERNATIONAL SELECTION FUND INDIAN EQUITY | ₹9.2 cr |
| SCHRODER INTERNATIONAL SELECTION FUND - SUSTAINABLE ASIAN EQUITY | ₹9.2 cr |
| BONITAS POOLED INVESTMENT FUND SERIES - DYNAMIC ASIAN EQUITY FUND | ₹6.6 cr |
| HDFC LARGE AND MID CAP FUND | ₹6.3 cr |
| BNP PARIBAS FINANCIAL MARKETS - ODI | ₹5 cr |
| GOLDMAN SACHS BANK EUROPE SE - ODI | ₹5 cr |
| KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK SERVICES FUNDmutual fund | ₹5 cr |
| NUVAMA ENHANCED DYNAMIC GROWTH EQUITY (EDGE) FUND . | ₹5 cr |
| TRUSTMF MULTI CAP FUND | ₹5 cr |
| VISTA AXIS VCC-QUANT FUND | ₹5 cr |
From the issuer’s anchor allotment filing. A record of who was allotted what — not a recommendation.
- Anchor investors — first trancheSEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment2 Dec 202650% of this tranche
- Anchor investors — second trancheSEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment31 Jan 202750% of this tranche
- All other pre-issue capitalSEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment2 May 2027whole tranche releases on this date
- Promoters' minimum contributionSEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment2 May 2028whole tranche releases on this date
Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.
Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.
| Year | Basic | Diluted | Weight |
|---|---|---|---|
| FY2024 | ₹27.25 | ₹27.25 | 1 |
| FY2025 | ₹35.75 | ₹35.75 | 2 |
| FY2026 | ₹41.26 | ₹40.36 | 3 |
Weighted-average return on net worth over the same years: 26.57%.
Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.
Everything we extracted from this issue's offer document is the pricing justification rather than the restated statements — it is shown under how the offer was priced. The restated financial statements themselves have not been extracted for this issue.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.
| Company | P/E | P/B | RoNW | EPS | Income |
|---|---|---|---|---|---|
| 360 ONE WAM LIMITED | 35.7 | — | 14.4% | 30.16 | ₹43,616 cr |
| Aditya Birla Sun Life AMC Limited | 29.8 | — | 25.1% | 33.76 | ₹18,450 cr |
| Anand Rathi Wealth Limited | 90.7 | — | 47.5% | 47.87 | ₹11,488 cr |
| Gaja Alternative Asset Management Limited | 16.5 | — | 16.5% | 7.17 | ₹1,355 cr |
| HDFC Asset Management Company Limited | 33.8 | — | 32.9% | 66.77 | ₹41,222 cr |
| ICICI Prudential Asset Management Company Limited | 46.0 | — | 85.8% | 66.73 | ₹57,646 cr |
| Nippon Life India Asset Management Limited | 44.0 | — | 34.5% | 24.05 | ₹27,087 cr |
| Nuvama Wealth Management Limited | 31.0 | — | 27.3% | 57.59 | ₹46,307 cr |
| UTI Asset Management Company Limited | 27.9 | — | 10.4% | 31.51 | ₹16,981 cr |
The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.
Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Axis Capital Limited 2021 – 2026 | 88 21 measurable | +10.3% | 7 of 19 | 2 of 9 | 2 of 8 |
Jefferies India Private Limited 2022 – 2026 | 27 6 measurable | +9.6% | 2 of 5 | 2 of 3 | — |
Motilal Oswal Investment Advisors Limited 2022 – 2026 | 43 11 measurable | +16.4% | 4 of 9 | 2 of 5 | 0 of 1 |
Nuvama Wealth Management Limited 2023 – 2026 | 22 7 measurable | +6.1% | 1 of 2 | 0 of 1 | 0 of 1 |
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Mufg Intime India Private Limited 2025 – 2026 | 90 29 measurable | +13.2% | 7 of 24 | 1 of 4 | 2 of 6 |
A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.
- Prospectus· PDF · exchange archive29 Oct 2026
- Red herring prospectus (RHP)· ZIP · exchange archive
- Draft red herring prospectus (DRHP)· PDF · exchange archive2 Feb 2026
- Draft red herring prospectus (DRHP)· ZIP · exchange archive5 Dec 2024
- Anchor investor allotment· ZIP · exchange archive
- Financial ratios advertisement· ZIP · exchange archive
- In-principle approval (XBRL)· XML · exchange archive
- Listing filing (XBRL)· XML · exchange archive
Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.
Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.