EAAA India Alternatives IPO subscribed 1.01x by day three
In short
EAAA India Alternatives’ IPO was subscribed 1.01 times by day three. The issue is priced at ₹1,585 to ₹1,665 per share, has a grey-market premium of ₹10, and is a ₹1,200-crore offer for sale.
Demand was led by qualified institutional buyers. Allotment is expected on 29 October, but the final outcome is not yet known.
What the reporting says
EAAA India Alternatives IPO was subscribed 1.01 times by day three, with demand led by qualified institutional buyers, according to the source. The issue is priced at ₹1,585-1,665 per share, the grey-market premium has weakened to ₹10, and the ₹1,200-crore offer is entirely for sale. The reporting says allotment is expected on 29 October, but the final subscription outcome is still unknown.
Why it matters
EAAA India Alternatives’ IPO reached 1.01 times subscription by day three, with QIBs leading demand, according to the publisher-supplied summary. The issue price band is ₹1,585-1,665 per share, the grey-market premium has slipped to ₹10, and the ₹1,200-crore issue is an offer for sale. Allotment is expected on 29 October, but the source does not state the final subscription result.