EAAA India Alternatives IPO
EAAA India Alternatives IPO is a mainboard IPO raising ₹1,200 Cr at ₹1,585 – ₹1,665 a share. The smallest application you can make is 9 shares, costing ₹14,985 at the top of the band. Bidding closes on 28 Oct 2026 and the shares list on 2 Nov 2026. So far it has been subscribed 0.33× in total.
Only 33% of shares on offer have been bid for
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 15,14,195 | 6,87,609 | 0.45× |
| Foreign Institutional Investors | no separate quota | 3,63,150 | n/a |
| Domestic Financial Institutions | no separate quota | 0 | n/a |
| Mutual funds | no separate quota | 0 | n/a |
| Others | no separate quota | 3,24,459 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 11,35,647 | 7,79,652 | 0.69× |
| Non Institutional Investors | 7,57,098 | 7,33,455 | 0.97× |
| Corporates | no separate quota | 2,42,055 | n/a |
| Individuals | no separate quota | 4,88,988 | n/a |
| Others | no separate quota | 2,412 | n/a |
| Non Institutional Investors | 3,78,549 | 46,197 | 0.12× |
| Corporates | no separate quota | 180 | n/a |
| Individuals | no separate quota | 45,261 | n/a |
| Others | no separate quota | 756 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 26,49,842 | 2,80,287 | 0.11× |
| Cut Off | no separate quota | 2,49,534 | n/a |
| Price bids | no separate quota | 30,753 | n/a |
| Total | 52,99,684 | 17,47,548 | 0.33× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 27 Oct, 06:00 pm IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 14% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.14 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.