EAAA India Alternatives raises ~Rs 360 crore from Anchor Investors
Mumbai, October 23, 2026 ( TGN ): EAAA India Alternatives Limited (“EAAA”), which is one of the Leading Alternatives platforms in India with 17 years of experience of managing Long Term Patient capital, has successfully raised ~ ₹ 360 crores from anchor investors today, ahead of its initial public offering that opens for public subscription on October 26, 2026.
EAAA India Alternatives Limited informed the bourses that it allocated 21,62,161 Equity Shares at ₹ 1,665 per Equity Share to anchor investors
Strong Response from Anchor Investors
As per the data submitted with the exchanges, all the Top 5 Mutual Funds in India participated in the Anchor book namely HDFC MF, ICICI Prudential MF, SBI MF, Nippon MF & Kotak MF. A total of 10 mutual funds invested accounting for 61% of the anchor book, with others being Bandhan, HSBC, 360 ONE, Abakkus, and Trust Mutual Fund.
Marquee Global Institutional Investors like Government Pension Fund Global one of the World’s Largest Sovereign Wealth Fund managed by Norges Bank Investment Management (with fund value of nearly $2.3 trillion) and Schroders, a Global Asset Manager also participated into the anchor round along with other Long only FIIs.
There was also significant participation from well-known Indian Asset managers like Carnelian, 360 ONE, Unifi and Nuvama.
As per industry sources, the anchor book was hugely oversubscribed. The IPO opens on Monday for subscription to Public.
The robust anchor investor demand from Top Mutual Funds & marquee Global Institutions reflects their confidence in the long-term growth of alternatives industry in India where EAAA is uniquely positioned to tap this opportunity. A strong Track record, 17 years Vintage and Integrated asset management & operations capabilities are the key differentiators for EAAA as per industry sources.
Axis Capital, Jefferies, Motilal Oswal and Nuvama are the Book Running Lead Managers, and Shardul Amarchand Mangaldas, Cyril Amarchand Mangaldas and LinkLaters are the legal counsels associated with this Issue.
IPO Details
The Issue Size is ₹ 1,200.00 crore. The Issue will open on October 26, 2026 for subscription and close on October 28, 2026.
Investors can bid for a minimum of 9 Equity Shares and in multiples of 9 Equity Shares thereafter.
