EFEdelweiss Financial Services532922IPO releated annoucment

Price band for EAAA India Alternatives IPO fixed at Rs.1,585 to Rs.1,665 per equity share

Edelweiss Financial Services said its subsidiary EAAA India Alternatives has fixed the price band for its initial public offering at Rs.1,585 to Rs.1,665 per equity share of face value of Rs. 5 each.

By ScoutQuest · Tue 20 Oct 2026, 2:41 PM IST · 2 min read

IPO Floor Price

Rs.1,585 per equity share

IPO Cap Price

Rs.1,665 per equity share

Bid Lot / Face Value

9 equity shares of face value of Rs. 5 each, and in multiples of 9 thereafter

What was announced

Edelweiss Financial Services has informed the stock exchanges that its subsidiary, EAAA India Alternatives Limited, has fixed the price band for its initial public offering of equity shares of face value of Rs. 5 each.

• Floor Price: Rs.1,585/- per equity share
• Cap Price: Rs.1,665/- per equity share
• Bid Lot: 9 equity shares of face value of Rs. 5 each, and in multiples of 9 equity shares thereafter

Who approved it

The IPO Committee of the Board of Directors of EAAA India Alternatives, at its meeting held on October 20, 2026, approved the price band for the IPO. EAAA then wrote to Edelweiss Financial Services, which passed the intimation on to BSE (Scrip Code 532922) and NSE (Symbol EDELWEISS).

How to read the terms

• The floor price is the lower end of the band and the cap price is the upper end. Bids in the IPO are placed within this range.
• The bid lot is the smallest number of shares an investor can apply for. Here that is 9 equity shares, with applications allowed in multiples of 9.
• The shares being offered are those of EAAA India Alternatives Limited, a subsidiary. Edelweiss Financial Services is the listed parent company informing the exchanges about its subsidiary's offer.

What this update is and is not

• It is an update that the price band of the subsidiary's IPO has been fixed, along with the bid lot.
• It follows the company's earlier letter of the same date regarding the update of the Red Herring Prospectus by EAAA.
• It is an intimation to the exchanges, not a recommendation on the issue, and it does not set out the size of the offer or the dates of the issue.

What a retail investor may want to note

• The price band and bid lot are the two figures needed to understand the entry size of an application in this IPO. The amount payable for one lot depends on the price at which the bid is made within the band.
• The offer relates to equity shares of the subsidiary; the listed security that trades on the exchanges continues to be the parent's equity shares.

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