EAAA India Alternatives completes IPO; ESIPL sells ~72.07 lakh shares at Rs. 1,665 each
EAAA India Alternatives Ltd, a subsidiary, has completed its IPO.
By ScoutQuest · · 2 min read
- Offer for Sale Price per Share
- Rs. 1,665 per share
- Gross Consideration
- Rs. 1,200 crores
- Post-IPO Shareholding (Company with Subsidiaries)
- ~5.42 crore shares, or 83.88%
What the update says
EAAA India Alternatives Limited, a subsidiary of the company, has completed its initial public offering. The offer period closed on October 28, 2026, the shares were allotted to investors on October 29, 2026, and were admitted for listing and trading with effect from November 2, 2026.
The sale
- Edelweiss Securities and Investments Private Limited (ESIPL), a wholly owned subsidiary of the company, sold ~72.07 lakh equity shares of EAAA through the offer for sale at Rs. 1,665 per share.
- That works out to a gross consideration of Rs. 1,200 crores.
- After deduction of issue expenses, ESIPL would receive a net consideration of Rs. 1,120.63 crores.
- The company states the offer for sale does not fall within related party transactions, and that the price was determined through the book building process under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Shareholding after the IPO
- ESIPL holds 78.43% of the total paid-up equity share capital of EAAA.
- The company, through all its subsidiaries, holds ~5.42 crore equity shares of EAAA, representing 83.88% of the total paid-up equity share capital.
- EAAA continues to be a subsidiary of the company after the IPO and offer for sale.
About EAAA
- EAAA acts as an Investment Manager to the funds under the alternate asset domain, and was incorporated on May 14, 2008.
- Total income during FY 2025-26: Rs. 963.76 crores.
- Net worth as on March 31, 2026: Rs. 1,075.54 crores.
- Turnover for the last three financial years: FY 2025-26 Rs. 963.76 crores, FY 2024-25 Rs. 786.54 crores, FY 2023-24 Rs. 584.25 crores.
What it means for retail investors
- The update records the completion of a share sale by a wholly owned subsidiary of the company. Shares in EAAA have been sold to public investors at the IPO price, and cash flows to ESIPL.
- The company continues to hold a large majority of EAAA, so the business stays within the group even after the listing.
- ESIPL's net proceeds are stated after issue expenses, which is a useful number when comparing against the gross Rs. 1,200 crores.
- EAAA's own financials — income and net worth — are set out in the update, which helps assess the size of the entity whose shares were sold.
Also from Edelweiss Financial Services
Subsidiary EAAA India Alternatives finalises IPO offer price at Rs. 1665 per equity share
29 Oct 2026
Price band for EAAA India Alternatives IPO fixed at Rs.1,585 to Rs.1,665 per equity share
20 Oct 2026
Subsidiary EAAA India Alternatives files Red Herring Prospectus for IPO with offer for sale up to Rs. 12,000 million
20 Oct 2026
More numbers
- Equity shares sold by ESIPL in the offer for sale72,07,207 equity shares
- Issue price per shareRs. 1,665 per share
- Gross considerationRs. 1,200 crores
- Net consideration to ESIPL after issue expensesRs. 1,120.63 crores
- ESIPL holding in EAAA post IPO78.43%
- Company's holding in EAAA through all subsidiaries (shares)54,233,039 equity shares
- Company's holding in EAAA through all subsidiaries (percent)83.88%
- Total income of EAAA during FY 2025-26Rs. 963.76 crores
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.