Upcoming IPO: EAAA India Alternatives files DRHP with SEBI for ₹1,500 crore public offer

EAAA India Alternatives IPO: Edelweiss Financial Services arm EAAA India Alternatives has filed draft red herring prospectus (DRHP) with markets regulator Securities and Exchange Board of India (SEBI) to raise ₹1,500 crore through an initial public offering (IPO).

The proposed issue will be solely an offer-for-sale (OFS) by Edelweiss Group, according to the preliminary papers filed on Monday.

Since there is no fresh issue component, the company will not receive any proceeds from the IPO. The entire amount will go to the selling shareholder.

Incorporated in 2008, EAAA India Alternatives is among India's leading alternatives platforms, with over 15 years of experience in managing long-term, patient capital. As of September 2025, the company had assets under management (AUM) of ₹65,504 crore.

EAAA operates a diversified, multi-strategy platform across large, under-penetrated and fast-growing alternative asset classes, with a focus on delivering income and yield solutions to clients. The company has offices in Mumbai, New Delhi, GIFT City and Singapore.

Its investment focus spans real assets including infrastructure assets such as energy and transportation, and commercial real estate with low counterparty risk and long residual tenures as well as private credit, which provides flexible financing solutions across the risk spectrum.

The company is backed by an investment team of 80 professionals and an asset management team of 57, supported by senior management with an average experience of over 18 years.

As of September 30, 2025, EAAA's fee-paying assets under management stood at ₹38,521 crore. Through the funds it manages, the company had 5,398 client relationships globally and in India as of September 30, 2025.

EAAA India Alternatives IPO: Financials

Axis Capital, Motilal Oswal Investment Advisors, Jefferies India and Nuvama Wealth Management are the issue's merchant bankers, while MUFG Intime India serves as the register.

The company's shares will be listed on the NSE and the BSE.