# Gaja Alternative IPO lists today with 11.88% premium 2026-08-26T04:22:54+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 2 independent outlets Gaja Alternative Asset Management shares list on BSE and NSE today at 10:00 IST, with a grey market premium indicating an opening price of about Rs 179, an 11.88% gain over the IPO price of Rs 160. The IPO was oversubscribed 31 times and raised Rs 550 crore, Livemint reports. The company reported FY26 total income of Rs 157.8 crore, up 28% year-on-year, and profit after tax of Rs 82 crore, up 32.2%. Mahesh M. Ojha of Kantilal Chagganlal Securities said the valuation at 27.5 times price-to-earnings is reasonable given strong growth and margins. The listing price will be set during a special pre-open session. ## Indian Opinion Analysis Both Livemint and NDTV Profit report the same facts: IPO listing date, GMP, oversubscription, and financials. NDTV Profit leads with the oversubscription figure and total raise, while Livemint front-loads the GMP and analyst quote, giving more weight to a single broker's bullish view. Neither outlet adopts a critical frame, the coverage is uniform straight reporting. The key number to watch is the actual listing price after the pre-open session, versus the GMP estimate. The key number to watch is the actual listing price after the pre-open session, versus the GMP estimate. ## Coverage Coverage: 2 sources, 2 neutral - livemint.com (neutral report) Led with GMP and analyst quote, no criticism of company or market. - ndtvprofit.com (neutral report) Led with oversubscription ratio and total raise, straight reporting. This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry. Updated: this story now draws on 2 sources. Last updated 2026-08-26T05:56:11+00:00. Tags: BSE, Gaja Alternative Asset Management, IPO, Mahesh Ojha, NSE Canonical: https://indianopinion.org/gaja-alternative-ipo-lists-today-with-11-88-expected-premium/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/gaja-alternative-ipo-lists-today-with-11-88-expected-premium/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/