Mumbai: EAAA India Alternatives Limited has fixed the price band of ₹ 1,585– to ₹ 1,665 – per Equity Share of face value ₹5/- each for its maiden initial public offer. 

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Monday, October 26, 2026, for subscription and close on Wednesday, October 28, 2026. Investors can bid for a minimum of 9 Equity Shares and multiples of 9 Equity Shares thereafter.

The IPO, with a face value of Rs 5, is an offer-for-sale for up to Rs 1,200 crore by promoter – Edelweiss Securities and Investments Private Limited.

Incorporated in 2008, the company is one of the leading alternatives platforms in India, in terms of assets under management (AUM) with more than 17 years of experience (Source – CARE Report) of managing long term patient capital with an AUM of ₹953,448.78 million or Rs 95,344.8 crore , as of June 30, 2026.

Its key business verticals include real assets (Real Assets), which invests in a mix of equity, quasi-equity and debt instruments and private credit (Private Credit), which primarily invests in debt or convertible debt instruments and secular instruments for superior risk adjusted returns. Its wholly owned subsidiary, Sekura India Management Limited (Sekura), is part of its — asset operating and management team and proficiently supports its various business verticals, including operations, maintenance, monitoring, efficiency improvement, and turnaround management.

The company is an experienced player, catering to a diverse client base of global and domestic institutional clients and manages India focused funds across its business verticals. As of June 30, 2026, its FPAUM totaled ₹486,231.76 million or Rs 48,623.1 crore. Over last three financial years, its FPAUM grew at a compounded annual growth rate (CAGR) of approximately 23.43% to ₹447,104.42 million or Rs 44,710.4 crore in Financial Year 2026. Most of its large funds are in or entering in their third and fourth series, and it has consistently been able to raise capital across the series. 

In the last three financial years and the three months period ended June 30, 2026, it raised capital commitment aggregating to ₹475,262.50 million or Rs 47,526.2 crore , deployed investments aggregating to ₹382,293.99 million or Rs 38,229.3 crore and realized investments aggregating to ₹312,329.40 million or Rs 31, 232.9 crore. Most of its funds also have a track record of delivering strong performance consistently across different market cycles.

As of June 30, 2026, through the funds that it managed, it had 11,009 client relationships globally and in India, including 1,493 repeat clients (clients who have invested in more than one of its funds) and 8,800 clients added from April 1, 2023 to June 30, 2026.  As of June 30, 2026, 77% of its AUM comprised of commitments made by its repeat clients. 

It has a diverse client base – approximately 49.32% of its AUM is contributed by institutional clients as of June 30, 2026, including pension funds, insurance companies, banks etc. Additionally, as of June 30, 2026, its client base extends to multiple geographies globally including India, North America and Europe.

It has a presence in Mumbai, New Delhi, GIFT City and Singapore. As of June 30, 2026, its investment team included 85 experienced professionals. Furthermore, the company has implemented a comprehensive risk management framework.

Axis Capital Limited, Jefferies India Private Limited, Motilal Oswal Investment Advisors Limited and Nuvama Wealth Management Limited are the book-running lead managers, and MUFG Intime India Private Limited is the registrar of the offer.

The issue is being made through the book-building process, in line with SEBI ICDR Regulations, with not more than 50% reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for Retail Individual Investors (RIIs).