EAAA India Alternatives IPO Day 3: Subscription Closes Today, 28 October 2026
- October 28, 2026
- Posted by: Harsh Piplani
- Category: IPO
EAAA India Alternatives IPO Day 3, 28 Oct 2026. Subscribed 0.35x after Day 2: NII 0.72x, QIB 0.48x, Retail 0.11x. Price band Rs 1,585-1,665. Lot size 9 shares.
Quick Answer
The EAAA India Alternatives IPO is on its final day of bidding on 28 October 2026. The issue was subscribed 0.35 times at the Day 2 reading on 27 October, with NII at 0.72 times, QIB at 0.48 times excluding the anchor portion and retail at 0.11 times. With bidding open until the end of today’s session, the final subscription figure depends on demand in the closing hours.
EAAA India Alternatives Limited, the alternative asset manager of the Edelweiss group, has reached the final day of its IPO subscription window today, 28 October 2026. The EAAA India Alternatives IPO opened on 26 October 2026 and is a mainboard, book built issue worth about Rs 1,200 crore, entirely an offer for sale of 72,07,207 shares. The shares are proposed to list on BSE and NSE.
Big NII bidders led the Day 2 demand at 1.02 times, while small NII bidders were at 0.13 times and QIB bids rose to 0.48 times from 0.08 times a day earlier. Retail stayed low at 0.11 times against a minimum lot of Rs 14,985 at the upper band.
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EAAA India Alternatives IPO Details
The table below sets out the key parameters of the EAAA India Alternatives IPO.
| Open Date | 26 October 2026 |
| Close Date | 28 October 2026 |
| Face Value | Rs 5 per share |
| Price Band | Rs 1,585 to Rs 1,665 per share |
| Lot Size | 9 shares |
| Issue Size | Rs 1,200 crore (entirely offer for sale of 72,07,207 shares) |
| Issue Type | Book Built Issue, Mainboard |
| Listing At | BSE, NSE |
| Allotment Date | 29 October 2026 |
| Listing Date | 2 November 2026 |
EAAA India Alternatives IPO Subscription Status Day 3
The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the Day 2 reading on Tuesday, 27 October.
| Session | Overall | QIB | NII | Retail |
|---|---|---|---|---|
| Day 1 close (26 Oct) | 0.12x | 0.08x | 0.33x | 0.04x |
| Day 2 close (27 Oct) | 0.35x | 0.48x | 0.72x | 0.11x |
| Day 3, closing day so far (28 Oct) | Updating through the session | |||
Institutional bids in mainboard issues often arrive in the final hours of the last day. Figures are the exchange reading at about 5 PM on 27 October and exclude the anchor portion, so confirm final numbers on NSE or BSE as bidding closes today.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the EAAA India Alternatives IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 1,585 to Rs 1,665 band, in multiples of 9 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, since the issue closes for good after this session.
Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue enters its final day at 0.35 times, with QIB at 0.48 times and big NII bids ahead of retail. Investors considering the issue should weigh the valuation of about 33 to 41 times earnings, the dependence on fund performance and fundraising, and the fact that the company receives no proceeds, and read the RHP on bseindia.com before applying after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the EAAA India Alternatives IPO subscription status on Day 3?
Ans. On the closing day, 28 October 2026, the issue carries forward a Day 2 reading of 0.35 times overall, with NII at 0.72 times, QIB at 0.48 times and retail at 0.11 times, and figures are updating through today’s final session.
When does the EAAA India Alternatives IPO close?
Ans. The issue closes for subscription today, 28 October 2026, having opened on 26 October 2026.
What is the EAAA India Alternatives IPO price band and lot size?
Ans. The issue price band is Rs 1,585 to Rs 1,665 per share, with a lot size of 9 shares. A retail investor needs at least one lot, which is about Rs 14,985 at the upper price band.
Is the EAAA India Alternatives IPO fully subscribed?
Ans. Not yet overall. The issue was subscribed 0.35 times at the Day 2 reading on 27 October, with NII at 0.72 times, QIB at 0.48 times excluding the anchor portion and retail at 0.11 times.
What is the EAAA India Alternatives IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the EAAA India Alternatives IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 1,585 to Rs 1,665 band, in multiples of 9 shares, then approving the UPI mandate before the daily cut off.
When will the EAAA India Alternatives IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 29 October 2026, with listing on BSE and NSE tentatively scheduled for 2 November 2026.
What does EAAA India Alternatives Limited do?
Ans. EAAA India Alternatives Limited is an alternative investment management platform in India with real assets and private credit businesses, and manages assets of about Rs 95,345 crore as of 30 June 2026.