Gaja Capital’s IPO play: A coming-of-age moment for homegrown private equity
Published on 01/07/2025 05:21 PM
Gaja Capital’s IPO play: A coming-of-age moment for homegrown private equityThe timing is bold. India’s private equity space is no longer under the radar, it’s crowded, competitive, and teeming with both global giants and ambitious domestic outfits. Gaja’s listing will likely be read as both a capital-raising move and a credibility test.By Rachna Dhanrajani July 1, 2025, 5:21:11 PM IST (Published)2 Min ReadGaja Alternative Asset Management Limited, freshly rebranded as a public limited company in January 2025, has quietly filed a draft red herring prospectus (DRHP) with SEBI, signaling its intent to list, sources tell CNBC-TV18. The private equity firm, better known as Gaja Capital, is looking to raise fresh capital through the IPO, after a Rs 125 crore pre-IPO round that pegged its valuation at Rs 1,625 crore.Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18's flagship events Interaction with CNBC-TV18's journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offersBecome A Member