EAAA India Alternatives IPO Price Band Fixed At Rs 1,585–1,665 Per Share, Rs 1,200 Crore Issue To Open On October 26
Mumbai: EAAA India Alternatives Ltd, a subsidiary of Edelweiss Financial Services , has announced a price band of Rs 1,585 to Rs 1,665 per share for its upcoming Rs 1,200 crore Initial Public Offering (IPO). At the upper price band, the company is valued at approximately Rs 10,765 crore. EAAA India Alternatives IPO Dates And Price Band The public issue will open for subscription on October 26 and…
Mumbai: Edelweiss Financial Services' subsidiary, EAAA India Alternatives Ltd, has set an IPO price band of Rs 1,585 to Rs 1,665 per share for its Rs 1,200 crore offering. At the top of the range, the company is valued at approximately Rs 10,765 crore. The shares will start trading on the BSE and NSE on November 2 after subscription closes on October 28, 2026.
Anchor investors can submit their bids on October 23. The IPO, consisting solely of an Offer for Sale by the Edelweiss Group, will not generate any revenue for the company, as the offer size has been trimmed from the initially proposed Rs 1,500 crore in the Draft Red Herring Prospectus. Out of the issue, 50% is reserved for Qualified Institutional Buyers, while Non-Institutional Investors and retail investors will receive 15% and 35%, respectively.
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