NEW DELHI: EAAA India Alternatives, a division of Edelweiss Financial Services, has submitted preliminary documentation to the market regulator Sebi to raise ₹1,500 crore through an initial public offering (IPO).
The planned issuance will be completely an offer-for-sale (OFS) by Edelweiss Group, as outlined in the draft red herring prospectus (DRHP) filed on Monday.
Consequently, the company will not receive any funds from the IPO; the entire amount will be directed to the selling shareholder.
Founded in 2008, EAAA India Alternatives ranks among India’s top alternatives platforms, boasting over 15 years of expertise in managing long-term, patient capital. As of September 30, 2025, the company managed assets totaling ₹65,504 crore.
EAAA operates a comprehensive, multi-strategy platform focused on large, under-served, and rapidly growing alternative asset classes, emphasizing income and yield solutions for clients. The company maintains offices in Mumbai, New Delhi, GIFT City, and Singapore.
Its investment portfolio includes real assets such as infrastructure (energy and transportation) and commercial real estate with minimal counterparty risk and extended residual terms, alongside private credit that offers flexible financing solutions across the risk spectrum.
With a dedicated investment team of 80 professionals and an asset management team of 57, all supported by senior management averaging over 18 years of experience, the company has established a strong foundation. As of September 30, 2025, EAAA’s fee-paying assets under management were recorded at ₹38,521 crore. The company oversees 5,398 client relationships globally, including India, as of the same date.
Axis Capital, Jefferies India, Motilal Oswal Investment Advisors, and Nuvama Wealth Management are the lead book managers for this issue.
