Gaja Alternative Asset Management IPO Day 1: GMP hints 19% listing pop. Check key dates, review. Apply or skip?
The Gaja Capital IPO launches on 19 August with a price band of ₹152-160 per share. It aims for a listing at ₹190. The IPO features a fresh issue of ₹450 crore and an ₹100 crore offer for sale from existing shareholders.
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Gaja Alternative's share price dropped more than 8% after a strong debut at a premium of around 16%. Despite this correction, it remained over 6% above its IPO price. Analysts suggest a cautious approach to investment…
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