case₹117 Crpage 428
EFSL arbitration claim against Percept Finserve for alleged breach of share purchase agreement: ₹1,166.56 mn claim; SLP pending at Supreme Court against Bombay HC order appointing arbitrator.
Closes tomorrowMainboardFinance - Asset ManagementEDELALTS
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.
₹1,585 – ₹1,665
Price band
₹14,985
Minimum to apply (9 shares)
₹1,200 Cr
Issue size
28 Oct 2026
Bidding closes
0.33×Subscribed · all exchanges
Only 33% of shares on offer have been bid for
populated partly populated we hold nothing here — the tab says why
What’s in court
The issuer’s own summary of outstanding legal proceedings — SEBI requires this table in every prospectus. Counts and amounts are as disclosed; the disclosed aggregate at stake is ₹206 Cr.
| Against | Criminal | Tax | Other material | Amount at stake |
|---|---|---|---|---|
| The company | 1 | 5 | 1 | ₹45 Cr |
| Subsidiaries | 0 | 0 | 0 | — |
| Directors | 4 | 4 | 0 | ₹1.6 Cr |
| Promoters | 4 | 28 | 5 | ₹159 Cr |
| Group companies | 0 | 0 | 1 | — |
case₹100 Crpage 428
EFSL filed 3 defamation suits before Bombay High Court (against Palak Shah, Bennett Coleman and Furquan Moharkan) seeking ₹1,000 mn damages each; matters pending.
case₹34 Crpage 425
Income-tax assessment against Company (AY 2023-24): ₹343.67 mn tax demand following disallowance of ₹1,542.37 mn fundraising expenses and ₹92.64 mn transfer pricing adjustment; appeal pending before National Faceless Appeal Centre.
casepage 424
Ecstasy Realty FIR No. 0154/2025 (Feb 8, 2025) and connected proceedings against Company, two Promoters (EFSL, EFCL), Group Companies and certain directors/KMP for alleged breach of contractual obligations and financial loss to Ecstasy; quashing petition WP 2165/2025 and NCLT company petition CP 220/2026 pending.
casepage 425
SEBI thematic inspection of AIFs managed by Company (report dated Mar 18, 2025); Company, Promoter ESIPL (sponsor) and relevant fund filed settlement applications (Dec 2, 2025 and Jul 6, 2026); SEBI issued administrative warnings dated Jul 16, 2026.
Source figures in ₹ million; converted to ₹ crore (1 crore = 10 million). Tax aggregates per Section VII consolidated claims table (p430): Company Direct Tax ₹450.81 mn; Promoters Direct Tax ₹1,583.71 mn + Indirect Tax ₹7.93 mn = ₹1,591.64 mn; Subsidiaries nil; Directors Direct Tax ₹16.26 mn. Stated Sub-Totals: Direct Tax ₹2,050.78 mn + Indirect Tax ₹7.93 mn = ₹2,058.71 mn = ₹205.871 cr. No explicit grand total stated; total_amount_cr computed from the two stated Sub-Totals only. Promoters criminal count = 1 cross-referenced Ecstasy FIR (Section IV(a); same matter as Company Section I(a)) + 3 cases filed by Promoters (MIC Electronics ₹18.30 mn; Ramsarup Industries ₹100 mn; Vital Developers ₹72 mn). Directors criminal count = 4 distinct matters listed in Section III(a); Ecstasy FIR (Feb 8, 2025) also implicates certain directors. Group bucket = 1 SEBI final order dated Oct 25, 2024 against Edelweiss Asset Management Limited (₹0.80 mn penalty on EAML, ₹0.40 mn each on 2 KMPs; Radhika Gupta's appeal pending). Aggregate amounts for criminal and civil/regulatory buckets are not stated in the source — only individual case amounts are disclosed.. Outstanding means unresolved — a listed case is an exposure, not a verdict.
Source documents
What the issuer and the exchanges published. Everything else on this tab is read out of these.
Prospectus on SEBI ↗
The full prospectus — business, financials, risk factors and litigation.
Anchor investor allocation ↗
Which institutions were allotted shares before bidding opened, and how many.
Bidding centres ↗
Where physical applications could be submitted.
Basis of issue price (peer ratios) ↗
The issuer's own "basis of issue price": the earnings multiples it is asking for, and the peer companies it chose to compare itself against.
Red Herring Prospectus ↗
The full prospectus — business, financials, risk factors and litigation.