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Established in April 1999, Gaja Alternative Asset Management Limited is an independent, India-focused asset management firm with over two decades of investment experience. The company specializes in middle-market opportunities across high-growth sectors, including education, financial services, digital technology, and green energy. Backed by a diverse investor base spanning over 20 countries, the firm has built a strong track record across multiple fund cycles.

Gaja Alternative Asset Management operates on an active collaboration model, working closely with its portfolio companies to enhance operations, sales, and financial strategy. The company earns revenue primarily through management fees, performance-based profit sharing, and returns on its own committed capital. By aligning its financial stakes directly with fund performance, the firm maintains strong strategic harmony with its global investors.

For the year/period ended (Rs. in Cr.)

For year/ period ended ( in Cr.)

*Market cap @upper band

• Well-established alternative AMC with over 20 years of experience.
• Proven track record of consistent performance across Gaja Capital Funds.
• Focus on the high-growth alternative asset management industry in India.
• Differentiated invest-and-collaborate approach focused on value creation.
• Strong alignment of interests with investors through significant Sponsor Commitment.
• Experienced promoters and management team with deep industry expertise.
• Long-standing relationships with a diverse global investor base.
• Robust financial growth and strong balance sheet.

The Company GAJA ALTERNATIVE ASSET MANAGEMENT LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

• Investing towards Sponsor Commitments to certain existing funds, new funds and for repayment of the Bridge Loan Amount as follows: (a) investing towards balance Sponsor Commitment to the following constituent funds of Fund IV and Bridge Loan Amount (i) Gaja Capital India Fund 2020 LLP; (ii) Gaja Capital India Fund 2020 (iii) Bridge Loan Amount (b) investing towards Sponsor Commitment to the proposed Fund V (c) investing towards Sponsor Commitment to the Secondaries Fund (Rs. 372.00 Cr.)
• General Corporate Purposes.

At the upper band of IPO Rs. 160, the stock is valued at 27.54 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.