Gaja Alternative IPO Allotment Status
Check Gaja Alternative Allotment Status by PAN
Enter the PAN you applied with — the result comes straight from MUFG Intime India Pvt. Ltd..
Not getting a result here? You can also check Gaja Alternative allotment directly on the Link Intime / MUFG portal →
Check every IPO in one tap
- 1Sign in with Google — no password, free
- 2Save your PAN — and your family's, up to 5
- 3Check any IPO — all saved PANs at once
🔒 PANs are shown masked and can be removed anytime.
Gaja Alternative IPO — Allotment & Listing Timeline
- IPO Open 19 Aug 2026
- IPO Close 21 Aug 2026
- Basis of Allotment 24 Aug 2026
- Refund Initiation 25 Aug 2026
- Listing Date 26 Aug 2026
Gaja Alternative IPO — Subscription & Allotment Odds
Based on the latest subscription figures for Gaja Alternative IPO (overall 32.96x subscribed). The more a category is oversubscribed, the lower each applicant's chance of allotment.
In the Retail category, about 10 in 100 applicants would get an allotment in Gaja Alternative IPO. Winners are picked by draw of lots and each gets 93 shares (one lot), so applying for more than the minimum does not improve retail odds.
How Many Gaja Alternative Retail Applicants Get Shares
Gaja Alternative set aside 1,20,31,250 shares for retail investors. Each successful applicant receives 93 shares (one lot), so the retail quota can serve at most 1,29,368 applicants. With retail subscribed 11.59x, that points to roughly 13,15,241 retail applications competing for those allotments.
Estimate from the prospectus reservation and the final subscription; the registrar's Basis of Allotment has the exact count.
Gaja Alternative IPO Subscription, Day by Day
Times subscribed at the close of each bidding day.
| Day | Retail | NII | QIB | Total |
|---|---|---|---|---|
| Day 1 | 1.27x | 1.12x | 0.10x | 0.90x |
| Day 2 | 3.29x | 4.14x | 0.10x | 2.56x |
| Day 3 | 11.59x | 65.62x | 45.87x | 32.96x |
Retail demand grew from 1.27x on day 1 to 11.59x by day 3 — 9.1x over the bidding window.
Gaja Alternative Retail Odds vs Earlier Mainboard IPOs
At about 9.8%, the estimated retail odds for Gaja Alternative were lower than 3 of the 7 mainboard IPOs before it.
Median across those 7 issues: 9.1%. Best odds: Horizon Industrial Parks (100.0%, retail 1.01x); lowest: Sunshine Pictures (2.0%, retail 56.60x).
What Gaja Alternative Allottees Made on Listing Day
Gaja Alternative listed at ₹185.00 (+15.62% on the issue price). An applicant allotted 93 shares (one lot) was up about ₹2,325 at the listing price, before charges. The last grey market premium we recorded (₹19 on 25 Aug) pointed to about ₹179; the actual listing was ₹7 higher.
Checking Gaja Alternative Allotment
Enter the PAN you applied with in the box above; the check goes to MUFG Intime India Pvt. Ltd., the registrar for Gaja Alternative IPO, which finalised the allotment on 24 Aug 2026.
How the draw of lots works is the same for every issue — see IPO Allotment Process Explained. See all recent IPO allotment results. Last updated: 24 Aug 2026, 08:55 pm IST.