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EAAA India Alternatives’ Rs 1,200 crore IPO kicks off. Check all key details hereJayaram Kowta / Wikimedia Commons
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BUSINESSThe Economic Times · 4 hours agoLive

EAAA India Alternatives’ Rs 1,200 crore IPO kicks off. Check all key details here

Reported by The Economic Times, not nibnow. We are not the publisher of this story, only the source is.

WHY IT MATTERS

Investors have a new opportunity to participate in the stock market through this initial public offering, with a chance to evaluate the company based on its reported financial growth, including a 23 percent rise in income and a 15 percent increase in profit for fiscal year 2026.

WHAT HAPPENED

EAAA India Alternatives’ Rs 1,200-crore IPO opened today and will close on October 28, 2026, with a price band of Rs 1,585–Rs 1,665 per share. The offer is entirely an OFS. Its grey market premium stands at around 2%. FY26 income rose 23%, while profit increased 15%.

KEY CONTEXT

An initial public offering allows a private company to raise capital by issuing shares to the public and listing them on a stock exchange. An offer for sale means existing shareholders are selling their shares rather than the company issuing new ones.

WHAT TO WATCH
  • •The closing of the IPO subscription period on October 28, 2026.
  • •Changes in the grey market premium leading up to the share allotment.
  • •The final subscription numbers and the basis of allotment.
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Read full article at The Economic Times