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Gaja Alternative Asset IPO to list with 12% premium

· Business · Economic Times, LiveMint

Gaja Alternative Asset Management's shares are set to debut on the stock market with a 12% grey market premium. The IPO was subscribed 31.33 times overall, with strong demand from retail and institutional investors. The price band was set at Rs 152–160 per share.

Why it matters

The strong subscription and premium signal investor confidence. The listing performance could influence future IPO trends in the market.

Read the original report — Economic Times

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