EAAA India Alternatives sets IPO price band at Rs 1,585-1,665
In short
EAAA India Alternatives has fixed its IPO price band at Rs 1,585 to Rs 1,665 a share. The Rs 1,200-crore issue opens on October 26 and is fully an offer for sale.
The company says it had higher income and profit in FY26. The source does not say how much money it will keep from the issue or how investors will react.
What the reporting says
EAAA India Alternatives set a price band of Rs 1,585-1,665 for its Rs 1,200-crore IPO, which opens on October 26. The issue is entirely an offer for sale, and the company reported higher income and profit in FY26. The size was cut from Rs 1,500 crore in the DRHP filed with SEBI in January, but the sources do not state the final proceeds to selling shareholders.
Why it matters
EAAA India Alternatives fixed the price band for its Rs 1,200-crore IPO at Rs 1,585-1,665, with the issue opening on October 26. The offer is entirely for sale, and the issue size was reduced from the Rs 1,500 crore proposed in the January DRHP filed with SEBI. The filing and pricing are relevant for IPO investors, but the reporting does not explain the reason for the size cut.