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