Gaja Alternative Asset Management IPO Allotment Status: How to Check, Final Subscription, and Listing Timeline

The Gaja Alternative Asset Management IPO allotment is expected to be finalised on 24 August 2026. Investors who applied for the ₹550 crore book-built mainboard IPO should use MUFG Intime India Private Limited’s website as the primary channel to check allotment status, with the BSE and NSE application-status pages as additional verification routes.

The issue received a strong response, with the final overall subscription reported at about 32.98 times. Non-institutional investors (NIIs) led demand at about 65.63 times, followed by qualified institutional buyers (QIBs) at 45.87 times, while retail investors subscribed about 11.61 times. The unofficial grey market premium (GMP) was ₹15 per share, or about 9.4% over the upper issue price of ₹160, as of early evening (5:00 p.m. to 6:30 p.m. IST) on 21 August 2026, suggesting positive unofficial sentiment.

Gaja Alternative Asset Management IPO Allotment Status: Latest Update

Gaja Alternative Asset Management Limited closed its three-day bidding period on 21 August 2026. The basis of allotment is scheduled to be finalised on 24 August 2026, so applicants checking before the registrar completes processing may not yet see a final result.

MUFG Intime India Private Limited is the registrar to the issue. Its allotment portal should be treated as the primary source for the final applicant-level result once the company becomes selectable and allotment data goes live.

The GMP is an unofficial market indicator, can change quickly, and does not guarantee the listing price or investment outcome.

Gaja Alternative Asset Management IPO Allotment and Listing Timeline

Event	Date	What it means
IPO closed	21 August 2026	Bidding ended
Basis of allotment	24 August 2026	Final allocation is expected to be determined
Fund debit or unblocking	25 August 2026	Payable funds are debited for allottees, while blocked funds are released for unsuccessful applications
Demat credit	25 August 2026	Allotted shares are expected to reach demat accounts
Listing on BSE and NSE	26 August 2026	Shares are scheduled to begin exchange trading

Applicants should remember that these post-issue steps depend on completion of the allotment process. A temporary delay in a bank or demat account display does not by itself mean that the allotment result has changed.

What You Need to Check the Allotment

Keep the details used in your IPO application ready. Depending on the checking facility, you may need:

• Permanent Account Number (PAN)
• IPO application number
• Depository Participant (DP) ID and Client ID
• The correct issue name

Checking an allotment result should not require your Unified Payments Interface (UPI) PIN, bank password, trading password, or other payment credentials.

How to Check Gaja Alternative Asset Management IPO Allotment Status

Check on the Official Registrar Website

The registrar is the recommended channel because it processes the final allotment records for the issue.

1. Open the MUFG Intime India public-issues allotment page.
2. Select Gaja Alternative Asset Management Limited when it appears in the company list.
3. Choose an available search method, such as PAN, application number, or DP/Client ID.
4. Enter the requested details exactly as submitted with your IPO application.
5. Complete the displayed verification or captcha.
6. Submit the form to view the result once allotment records are available.

If the company is not yet selectable or the portal does not return a final result before 24 August 2026, the allotment may still be under processing.

Check on BSE

Applicants can also use the BSE application-status page.

Select Equity as the issue type, choose Gaja Alternative Asset Management Limited, enter the requested application number or PAN, complete the captcha, and submit the query.

Treat the registrar’s record as the primary confirmation if there is a temporary difference between facilities.

Verify the IPO Bid on NSE

The NSE IPO bid-verification page provides an additional way to verify IPO application information recorded on the exchange.

The NSE facility is particularly useful for confirming that a bid was captured with the expected application details. Bid verification is not the same as final share allotment, so applicants should use the registrar for the definitive allotment result.

What Does Your IPO Allotment Status Mean?

Status	Meaning	What to do
Allotted	Shares have been allocated to your application	Check the allotted quantity and monitor the demat credit
Not allotted	No shares were allocated	Monitor release of the blocked application amount
Pending or under process	Processing is not complete	Check again after the allotment is finalised
No record found	The portal cannot match the entered details	Recheck the issue name and application identifiers before assuming rejection

A “no record found” message does not automatically mean the application was rejected. Incorrect details, an early status check, a data-update delay, or an application-level issue can produce the same message.

Gaja Alternative Asset Management IPO Final Subscription

The final demand was substantially above the shares available in each major public-investor category.

Investor category	Final subscription
Qualified institutional buyers	45.87 times
Non-institutional investors	65.63 times
Retail investors	11.61 times
Overall	32.98 times

For a retail applicant, the relevant demand figure is the retail subscription of about 11.61 times, not the headline overall multiple. Oversubscription means demand exceeded the shares reserved for that category, but the subscription multiple alone cannot be converted into an exact “one in X” allotment probability.

Final allocation depends on valid applications, applicable allotment rules, and the approved basis of allotment.

What Happens After IPO Allotment?

If Shares Are Allotted

For successful applicants, the payable amount is debited from the funds blocked under the Application Supported by Blocked Amount (ASBA) process. Any excess amount that does not need to be used for the allotment is released.

The allotted shares are expected to be credited to the applicant’s demat account on 25 August 2026. Once the credit appears, verify that the number of shares matches the registrar’s allotment result.

If Shares Are Not Allotted

If no shares are allotted, the blocked application amount should be released rather than treated as a separate cash refund payment.

The unblocking process is scheduled for 25 August 2026. Some banks may take additional time to update the available balance even after the block-release instruction has been processed.

An approved UPI mandate only confirms that the required funds were authorised for blocking. It is not proof that shares have been allotted.

Allotment Not Showing or Funds Still Blocked?

First confirm that the basis of allotment has actually been finalised. Checking too early is one of the most common reasons for an unavailable result.

If the allotment should already be available:

• Confirm that you selected the correct IPO.
• Re-enter your PAN, application number, DP ID, or Client ID carefully.
• Check whether your bid was successfully recorded on the exchange.
• Consider possible application issues such as a PAN mismatch, duplicate application, unsuccessful mandate, or incorrect payment details.

For allotment-result discrepancies, contact the registrar. For funds that remain blocked after the scheduled release process, contact your bank or self-certified syndicate bank. For an incorrect application number or order-routing issue, contact the broker through which the bid was placed.

Bottom Line

Gaja Alternative Asset Management IPO allotment is expected to be finalised on 24 August 2026, with MUFG Intime India serving as the primary status-checking channel. Applicants should confirm the registrar result first, then monitor fund debit or unblocking and demat credit scheduled for 25 August 2026.

Frequently Asked Questions (FAQs)