- Advertisement -
30.6 C
Nirmal
HomeNewsBusinessEdelweiss subsidiary EAAA India Alternate options information DRHP with Sebi for ₹1,500...

Edelweiss subsidiary EAAA India Alternate options information DRHP with Sebi for ₹1,500 crore IPO

- Advertisement -

Edelweiss Monetary Companies introduced that its wholly owned subsidiary, EAAA India Alternate options Restricted, filed a draft purple herring prospectus with the capital markets regulator, the Securities and Trade Board of India (Sebi), on Tuesday, 20 January 2026.

The Mumbai-based asset administration firm goals to boost as much as 1,500 crore from the Indian inventory market by way of a completely offer-for-sale (OFS) concern of fairness shares with a face worth of 5 apiece, based on the preliminary draft papers.

EAAA India Alternate options IPO

The proposed IPO is a book-built concern, and the variety of shares to be supplied has not been disclosed on the draft prospectus stage. The ebook constructing course of determines the difficulty value based mostly on investor demand.

As per the DRHP submitting, there isn’t a recent concern portion of the preliminary public providing. Therefore, all proceeds from the difficulty go to the promoter and investor promoting stakeholders, and the corporate won’t obtain any funds from the general public concern.

The general public concern is being managed by a number of book-running lead managers, together with Axis Capital, Jefferies India, Motilal Oswal Funding Advisors, and Nuvama Wealth Administration.

Since that is the corporate’s first public providing, there isn’t a prior buying and selling marketplace for its shares.

All about EAAA India Alternate options

EAAA is among the main various asset administration platforms in India, when it comes to property beneath administration, with over 15 years of expertise in managing long-term affected person capital, and an AUM of 65,503 crore, as of 30 September 2025, the corporate stated.

The corporate’s monetary statements confirmed that its income from operations stood at 670.2 crore in FY2025, an increase of 36% from 492.5 crore within the year-ago interval.

In the meantime, the corporate’s internet revenue was reported at 229.7 crore in FY25, up 54.6 crore, or 31% from a yr earlier.

Edelweiss stated final yr that it has plans to listing the corporate’s seven companies on inventory exchanges, get rid of all debt, and kick off a brand new enterprise enterprise, Mint reported earlier.

The corporate additionally stated that the execution mode will happen in 2026 with the preliminary public providing (IPO) of its mutual fund arm (Edelweiss Asset Administration Ltd.) and its various asset administration subsidiary (Edelweiss Alternate Asset Advisors Ltd.).

- Advertisement -
Admin
Adminhttps://nirmalnews.com
Nirmal News - Connecting You to the World
- Advertisement -
Stay Connected
16,985FansLike
36,582FollowersFollow
2,458FollowersFollow
61,453SubscribersSubscribe
Must Read
- Advertisement -
Related News
- Advertisement -