Gaja Capital IPO Subscription
ListedUpdated 26 August 2026, 9:15 AM IST· Mainboard
Gaja Capital IPO subscription closed on 21 August 2026 at 32.98x overall by shares. QIB demand came in at 45.87x, NII at 65.63x, and retail at 11.62x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 24 August 2026. Listing date on NSE and BSE is 26 August 2026.
Gaja Capital IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 19 Aug 2026 | 0.10x | 1.12x | 1.27x | 0.90x |
| Day 2 - 20 Aug 2026 | 0.10x | 4.14x | 3.30x | 2.56x |
| Day 3 - 21 Aug 2026 | 45.87x | 65.63x | 11.61x | 32.98x |
Gaja Capital IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Gaja Capital IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 10.39x | 1 in 10 |
| SHNI (Rs 2L to Rs 10L) | 43.50x | 1 in 43 |
| BHNI (above Rs 10L) | 15.45x | 1 in 15 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Gaja Capital IPO Allotment Status page from 24 August 2026 for your result.
Gaja Capital IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 160.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 110.00 Cr | Rs 5,046.12 Cr | 45.87x |
| FII | - | Rs 1,435.80 Cr | - |
| DFI | - | Rs 1,843.23 Cr | - |
| Mutual Funds | - | Rs 226.02 Cr | - |
| Other | - | Rs 1,541.08 Cr | - |
| NII | Rs 82.50 Cr | Rs 5,414.67 Cr | 65.63x |
| bNII (above Rs 10L) | Rs 55.00 Cr | Rs 4,181.38 Cr | 76.03x |
| Corporate | - | Rs 71.53 Cr | - |
| Individual | - | Rs 3,923.81 Cr | - |
| Other | - | Rs 186.03 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 27.50 Cr | Rs 1,233.29 Cr | 44.85x |
| Corporate | - | Rs 5.51 Cr | - |
| Individual | - | Rs 1,174.66 Cr | - |
| Other | - | Rs 53.12 Cr | - |
| Retail | Rs 192.50 Cr | Rs 2,236.14 Cr | 11.62x |
| Cut-off price | - | Rs 1,866.08 Cr | - |
| Fixed price | - | Rs 370.06 Cr | - |
| Total | Rs 385.00 Cr | Rs 12,696.93 Cr | 32.98x |
Gaja Capital IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 68,75,000 | 799 | 0.00x |
| FII | - | 27 | - |
| DFI | - | 26 | - |
| Mutual Funds | - | 7 | - |
| Other | - | 739 | - |
| NII | 3,960 | 98,199 | 24.80x |
| bNII (above Rs 10L) | 2,640 | 40,783 | 15.45x |
| Corporate | - | 667 | - |
| Individual | - | 38,302 | - |
| Other | - | 1,814 | - |
| sNII (Rs 2L to Rs 10L) | 1,320 | 57,416 | 43.50x |
| Corporate | - | 244 | - |
| Individual | - | 54,659 | - |
| Other | - | 2,513 | - |
| Retail | 1,29,368 | 13,43,699 | 10.39x |
| Cut-off price | - | 11,13,397 | - |
| Fixed price | - | 2,30,302 | - |
| Total | 70,08,328 | 14,42,697 | 0.21x |
What Do These Subscription Numbers Mean?
32.98x overall by shares means bids covered about 33 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 45.87x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (24.80x by applications). Split: SHNI 43.50x, BHNI 15.45x by applications. SHNI and BHNI allotment is by lottery.
At 10.39x subscription by applications, about 1 in 10 retail applicants may get allotment (~10% chance per application). Retail allotment is also by lottery.
Gaja Capital IPO GMP After Subscription
GMP for Gaja Capital IPO stands at Rs 19.00 today, giving an estimated listing price of Rs 179.00 per share.
A subscription of 32.98x combined with a GMP of 11.88% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Gaja Capital IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Gaja Capital IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 19 August 2026 |
| IPO Close Date | 21 August 2026 |
| Allotment Date | 24 August 2026 |
| Refund Initiation | 25 August 2026 |
| Share Credit to Demat | 25 August 2026 |
| Listing Date | 26 August 2026 |
| Minimum Investment | Rs 14,880.00 |
| Lot Size | 93 shares |
About Gaja Capital IPO
Gaja Alternative Asset Management Limited (incorporated in 1999 as View Advisors Private Limited) operates under the brand name 'Gaja Capital' and is one of India's leading private equity and alternative asset management firms. The company acts as an investment manager to India-focused funds, including Category I and II Alternative Investment Funds (AIFs), and as an advisor to offshore funds. It invests across high-growth sectors such as Education-Employment-Employability (EEE), financial services, consumer, and digital technology.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Gaja Capital IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Gaja Capital IPO Details
Issue size, price, financials, and company info
Gaja Capital IPO GMP
Live grey market premium and listing estimate
Gaja Capital IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Gaja Capital IPO Allotment
Allotment date, chances, and check by PAN
Gaja Capital IPO Review
SWOT, strengths, risks, and IPO review
Gaja Capital IPO FAQ
Common questions on dates, GMP, and allotment
Gaja Capital IPO Registrar
Registrar website and how to check allotment
Gaja Capital IPO Timeline
Open, close, allotment, and listing dates
Gaja Capital IPO News
Updates, blogs, and latest IPO news
Gaja Capital IPO Subscription FAQs
What is Gaja Capital IPO subscription status today?
Gaja Capital IPO subscription closed on 21 August 2026 with overall subscription of 32.98x (by shares) as of 9 September 2026, 5:47 PM IST. QIB 45.87x, NII 24.80x, Retail 10.39x.
What is the overall subscription of Gaja Capital IPO?
Gaja Capital IPO is subscribed 32.98x overall by shares at close on 21 August 2026. QIB 45.87x, NII 24.80x, and Retail 10.39x.
What is Gaja Capital IPO QIB subscription?
Gaja Capital IPO QIB (Qualified Institutional Buyers) subscription is 45.87x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Gaja Capital IPO Retail subscription?
Gaja Capital IPO Retail subscription is 10.39x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Gaja Capital IPO NII, SHNI, and BHNI subscription?
Gaja Capital IPO NII subscription is 24.80x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 43.50x and BHNI (above Rs 10L) at 15.45x.
What are Gaja Capital IPO retail allotment chances?
At 10.39x subscription by applications, about 1 in 10 retail applicants may get allotment (~10% chance per application). Allotment is by lottery. Share subscription was 11.62x. Allotment chances use applications, not share volume.
What are Gaja Capital IPO SHNI allotment chances?
At 43.50x subscription by applications, about 1 in 43 SHNI applicants may get allotment (~2% chance per application). Allotment is by lottery. Share subscription was 44.85x. Allotment chances use applications, not share volume.
What are Gaja Capital IPO BHNI allotment chances?
At 15.45x subscription by applications, about 1 in 15 BHNI applicants may get allotment (~6% chance per application). Allotment is by lottery. Share subscription was 76.03x. Allotment chances use applications, not share volume.
When is Gaja Capital IPO allotment date?
Gaja Capital IPO allotment date is 24 August 2026. Check Gaja Capital IPO Allotment Status on IPOwiz from that day using your PAN.
When does Gaja Capital IPO subscription close?
Gaja Capital IPO subscription closed on 21 August 2026. No new applications are accepted after the close.
What is Gaja Capital IPO GMP today?
Gaja Capital IPO GMP is ₹19 today (+11.88% over issue price ₹160). See live GMP on the Gaja Capital IPO GMP Today page.
What is Gaja Capital IPO issue price and lot size?
Gaja Capital IPO issue price is ₹160 per share. Lot size is 93 shares. Minimum investment is ₹14,880 per lot. Issue size: ₹550.00 Cr.
When is Gaja Capital IPO listing date?
Gaja Capital IPO listing date is 26 August 2026 on NSE and BSE. Allotment is on 24 August 2026.
How does subscription affect Gaja Capital IPO allotment?
In Gaja Capital IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 32.98x overall, competition is high.
For allotment results from 24 August 2026, visit the Gaja Capital IPO Allotment Status page. For listing day updates on 26 August 2026, download the IPOwiz App.
Sources
We match Gaja Capital IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.