The EAAA India Alternatives listing price on NSE was ₹1,675.50 on 2 November 2026. The issue price was ₹1,665, so the open is 0.63% above it.
On one lot of 9 shares, the paper result at the open is a gain of ₹95.
The grey market premium (GMP) said +3.24%: its last quote of ₹54 pointed to a listing near ₹1,719. The shares opened +0.63%, 2.6 percentage points below that call.
How the listing looked
| Item | Detail |
|---|---|
| Issue price | ₹1,665 |
| NSE open | ₹1,675.50 (+0.63%) |
| One lot at the open | ₹15,080 |
| Last GMP | ₹54 (3.24%) |
| Listing the GMP pointed to | ₹1,719 (+3.24%) |
The grey market quote is a dealer number, not an exchange price. You can see its full history on the EAAA India Alternatives IPO GMP page.

How demand looked before listing
The IPO was subscribed 5.25 times when it closed on 28 October. The table below shows each category.
| Category | Subscribed |
|---|---|
| QIB | 13.13x |
| NII | 4.58x |
| Retail | 1.03x |
| Overall | 5.25x |
Retail investors bid just over their quota, so most applicants who applied got a lot.
What our data shows
The grey market quote climbed from ₹28 to ₹65 in the days before listing. Compare that with the open above to see how close it came. This year, 73 of 108 mainboard IPOs opened above their issue price, and the median gain was 6.92%.
About the company
The company manages money for clients through funds that buy real assets and lend to private firms. The issue of ₹1,200 crore was entirely an offer for sale (OFS) by Edelweiss Securities and Investments. The company received nothing from it.
Profit after tax was ₹265.20 crore in FY2026, up from ₹229.78 crore a year earlier. Revenue from operations was ₹869.54 crore in FY2026.
Who ran the issue
Axis Capital, Jefferies India, Motilal Oswal Investment Advisors and Nuvama Wealth Management were the lead managers. MUFG Intime India was the registrar. Earlier listings handled by Axis Capital opened above the issue price 23 times out of 30, as per our records.
That is a record of the past and says nothing about this listing. After listing, the share price moves with the market like any other stock.
What happens next
Shares are now trading on BSE and NSE. See how earlier debuts fared on our IPO performance page. The first anchor lock-in dates are on the EAAA India Alternatives IPO page.