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  1. EAAA India Alternatives IPO Day 2: Issue booked 14% so far; check all subscription-wise updates

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EAAA India Alternatives IPO Day 2: Issue booked 14% so far; check all subscription-wise updates

image Ahana Chatterjee

3 min read | Updated on October 27, 2026, 13:08 IST

SUMMARY

The non-institutional investor (NII) category has been subscribed 0.36 times, while the retail individual investor (RII) segment saw a 0.08 times subscription.

EAAA India Alternatives Limited is an alternative investment platform handling long-term capital across asset classes. | Image: eaaa.in

EAAA India Alternatives Limited is an alternative investment platform handling long-term capital across asset classes. | Image: eaaa.in

The initial public offering (IPO) of EAAA India Alternatives on its second day of subscription sees a total booking of 0.14 times so far on Tuesday, October 27.

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Until 12:55 PM, the ₹1,200 crore initial share sale of the company has received bids for 7,43,967 shares as compared to 52,99,684 shares on offer, as per exchange data.

The non-institutional investor (NII) category has been subscribed 0.36 times, while the retail individual investor (RII) segment saw a 0.08 times subscription. However, the Qualified Institutional Buyers (QIB) portion was booked 0.08 times.

The initial share sale is solely an offer for sale of 72.07 lakh shares by promoter Edelweiss Securities and Investments Pvt Ltd, with no offer for sale (OFS) component.

Since there is no fresh issuance of shares, the company will not get any proceeds from the offer. The money raised will go to selling shareholders.

“Our company expects that listing of the equity shares will enhance our visibility and brand image as well as provide liquidity and a public market for the equity shares in India,” the firm said in its red herring prospectus.

Ahead of IPO, EAAA India Alternatives had raised around ₹360 crore from anchor investors. It allocated 21,62,161 equity shares to anchor investors at ₹1,665 apiece, the upper end of the price band.

The anchor book saw participation from 10 mutual funds, including HDFC Mutual Fund, ICICI Prudential Mutual Fund, SBI Mutual Fund, Nippon India Mutual Fund and Kotak Mahindra Mutual Fund.

EAAA India Alternatives Ltd IPO Objective

The money raised from the IPO will be used towards the following objectives:

Carry out the offer for sale: The IPO is a complete offer-for-sale (OFS). Net IPO proceeds will go to selling shareholders.
Listing on stock exchanges: The company wants to achieve the benefits of listing its shares on the stock exchanges.

EAAA India Alternatives IPO: Allotment and listing date

EventDate
Subscription periodOctober 26 to October 28
Basis of allotmentOctober 29
Initiation of RefundsOctober 30
Credit of Shares to DematOctober 30
Listing dateNovember 2

Incorporated in 2008, EAAA India Alternatives Limited is an alternative investment platform handling long-term capital across asset classes, including infrastructure, private credit and commercial real estate. The company operates across New Delhi, Mumbai, GIFT City and Singapore.

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

image Ahana Chatterjee
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

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