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EAAA India Alternatives Listing Price: ₹1,675.50 on NSE, +0.63% vs Issue Price

Abhishek Vohera By Abhishek Vohera Published: 2 min read
EAAA India Alternatives Listing Price: ₹1,675.50 on NSE, +0.63% vs Issue Price

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

ItemDetail
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.

Bar chart comparing the listing gain the last grey market premium pointed to with the actual listing open for the last 8 mainboard IPOs: EAAA India Alternatives GMP +3.4%, opened +0.6%; Jio Platforms GMP +21.8%, opened +21.4%; Paras Healthcare GMP +1.9%, opened +3.9%; Zetwerk Manufacturing Business GMP +0.7%, opened +5.5%; Sahajanand Medical Technologies GMP +4.9%, opened +7.9%; Tonbo Imaging India GMP +64.3%, opened +65.7%; Bonfiglioli Transmissions GMP +11.3%, opened 0.0%; Fusion CX GMP +4.7%, opened +5.5%.
What the last GMP pointed to vs where the shares opened, for the last 8 mainboard listings. Source: IPO Guru data.

How demand looked before listing

The IPO was subscribed 5.25 times when it closed on 28 October. The table below shows each category.

CategorySubscribed
QIB13.13x
NII4.58x
Retail1.03x
Overall5.25x

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.

Tags: #IPO News #Mainboard IPO #IPO Listing #EAAA India Alternatives
Abhishek Vohera
Written by

Abhishek Vohera

Founder, IPO Guru

Abhishek Vohera is the founder of IPO Guru. He decodes Indian IPOs and stock market trends for retail investors, cutting through the noise with clear, actionable insights backed by years of market experience.

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