IPO LabelEAAA India Alternatives
MainboardListed
Shares started trading on BSE and NSE on 2 Nov.
- Minimum
- ₹14,985
- Band
- ₹1,585–₹1,665
- Issue size
- ₹1,200 Cr
- GMP
- ₹54 (+3.24%)
- Subscribed
- 1.03×
GMP rumours
₹54(+3.24%)
Ranged ₹9–₹68 since 26 Oct
Unofficial grey-market chatter. Not a price, not a prediction, and not from any exchange.
Subscription by category
| Category | Bid(lakh) | Subscribed(×) | Chance |
|---|---|---|---|
| Retailup to ₹2 lakh | 27.35 | 1.03 | 1 in 2 |
| sHNI₹2–10 lakh | 7.20 | 1.90 | 1 in 2 |
| bHNI₹10 lakh + | 44.75 | 5.91 | 1 in 6 |
| InstitutionalQIB | 198.89 | 13.13 | — |
| All categories | 278.20 | 5.25 | — |
Value applied, by category
Where the money is, rather than how contested each line is. The two often disagree — a line can be the most subscribed and still be a small corner of the book.
| Category | Amount(₹ Cr) | Share(%) | Can be Allotted |
|---|---|---|---|
| Retailup to ₹2 lakh | 455.38 | 9.8 | 2,94,426 |
| sHNI₹2–10 lakh | 119.96 | 2.6 | 3,004 |
| bHNI₹10 lakh + | 745.17 | 16.1 | 1,255 |
| InstitutionalQIB | 3,311.45 | 71.5 | — |
| All categories | 4,631.95 | — | — |
Captured
Reported figures
| ₹ crore | FY 24 | FY 25 | FY 26 |
|---|---|---|---|
| Revenue | 492.58 | 670.26 | 869.54 |
| EBITDA | 162.85 | 228.37 | 313.39 |
| Profit after tax | 175.16 | 229.78 | 265.20 |
| Total assets | 1769.66 | 2085.07 | 2170.28 |
Priced against its peers
- This issue, P/E
- 41.25
- Sector P/E
- 27.43
- Aditya Birla Sun Life Amc Ltd
- 21.62
- HDFC Asset Management Company Ltd
- 37.57
- Nippon Life India Asset Management Ltd
- 38.77
These P/E figures are worked out by the same data service, at a share price it does not state — the company does not report them. A lower P/E than the sector is not a recommendation: it reflects growth, risk and size as much as price. The comparison is shown so the number has a reference, not to suggest a decision.
Figures from the company’s filings, copied by a third-party data service — we have not read them from the prospectus ourselves. Check them against the prospectus in Documents: that filing is the authority.
What one bid costs
Priced at the top of the band, which is what gets blocked on a cut-off bid.
| Category | Minimum | Maximum |
|---|---|---|
| Retailup to ₹2,00,000 | 1 lot₹14,985 | 13 lots₹1,94,805 |
| sHNIup to ₹10,00,000 | 14 lots₹2,09,790 | 66 lots₹9,89,010 |
| bHNIno upper limit | 67 lots₹10,03,995 | — |
Computed from the band by the same calculator that validates a bid before it is sent, so this table and the review sheet cannot disagree. A cut-off bid blocks at the upper band price, never the lower one.
The issue
- Issue type
- Book built
- Issue size
- ₹1,200 Cr
- Face value
- ₹5
- Lot size
- 9 shares
- Listing on
- BSE · NSE
- Symbol
- EDELALTS
- ISIN
- INE528L01027
- Daily window
- 10:00 – 17:00 IST · last day, over ₹2 lakh until 16:00
Timeline
- Opens
- 26 Oct
- Closes
- 28 Oct
- Basis of allotment
- 29 Oct
- Refunds
- 30 Oct
- Listing
- 2 Nov
Documents