Bookbuilding IPO | ₹1,500 Cr | Listing at BSE, NSE |

EAAA India Alternatives Ltd. has refiled a Draft Red Herring Prospectus (DRHP) with SEBI on January 19, 2026 to raise funds through Initial Public Offer (IPO).
The initial submission on December 10, 2024 was returned by SEBI , prompting the company to refile the documents.
EAAA India Alternatives Ltd. IPO is a Book Build Issue of ₹1,500.00 crores consisting entirely of an offer for sale.
The equity shares are proposed to be listed on NSE and BSE. Axis Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to EAAA India Alternatives IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹1,500 Cr) |
| Offer for Sale | [.] shares of ₹5 (agg. up to ₹1,500 Cr) |
| Share Holding Pre Issue | 6,42,80,246 shares |
| Share Holding Post Issue | 6,42,80,246 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Dec 10, 2024 |
| Offer document returned | Thu, Mar 27, 2025 |
| Filed with SEBI/Exchange | Mon, Jan 19, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only shareholder | Up to Rs 2 Lakhs | Allowed only if bidding amount is upto Rs 2 lakhs |
| Only employee | Up to Rs 2 Lakhs | Yes |
| Employee + Shareholder |
|
Yes |
| Employee + Shareholder + RII/NII |
|
Yes for shareholder/employee/RII |
| Shareholder + RII/NII |
|
Yes for shareholder/RII |
| Employee + RII/NII |
|
Yes for shareholder/RII |
Incorporated in 2008, EAAA India Alternatives Limited offers assets under management (AUM) platform in India.
The company operate a diversified, multi-strategy platform, in large, under-tapped and fast-growing alternative asset classes, focusing on providing income and yield solutions to the clients.
EAAA India's wholly owned subsidiary, Sekura India Management Limited (“Sekura”), proficiently supports the company's various business strategies, including operations, maintenance, monitoring, efficiency improvement, and turnaround management and is part of the company's portfolio operating and management team (“POMT”).
Business Verticals:
As of September 30, 2024, EAAA India Alternatives Limited clients are distributed across key geographies: (i) India, (ii) North America, (iii) Europe, and (iv) the rest of the world.
As of September 30, 2025, through the funds that they managed, the company had 5,398 client relationships globally and in India, including 1,179 repeat clients.
Competitve Strengths:
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 2,053.95 | 2,085.07 | 1,769.66 | 1,237.04 |
| Total Income | 457.16 | 786.54 | 584.25 | 701.23 |
| Profit After Tax | 125.10 | 229.78 | 175.16 | 322.19 |
| NET Worth | 1,022.58 | 966.45 | 729.48 | 553.70 |
| Reserves and Surplus | 990.44 | 934.31 | 480.64 | 201.33 |
| Total Borrowing | 507.94 | 507.49 | 444.83 | 244.52 |
| Amount in ₹ Crore | ||||
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 25.09% | 27.10% |
| Debt/Equity | 0.50 | 0.53 |
| RoNW | 27.30% | |
| PAT Margin | 27.36% | 29.21% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
EAAA India Alternatives IPO is a main-board IPO of 0 equity shares of the face value of ₹5 aggregating up to ₹1,500 Crores. The issue is priced at To be declared. The minimum order quantity is .
The EAAA India Alternatives IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in EAAA India Alternatives IPO using UPI as a payment gateway. Zerodha customers can apply in EAAA India Alternatives IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in EAAA India Alternatives IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The EAAA India Alternatives IPO dates are not announced. Please check back again after some time.
EAAA India Alternatives IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in EAAA India Alternatives IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for EAAA India Alternatives IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the EAAA India Alternatives IPO allotment status.
The EAAA India Alternatives IPO listing date is not yet announced. The tentative date of listing is .