EAAA India Alternatives’ Rs 1,200-crore IPO opens October 26

EAAA India Alternatives Ltd, a subsidiary of Edelweiss Financial Services, will open its Rs 1,200-crore initial public offering for subscription on October 26, 2026, and close it on October 28. Anchor investor bidding is scheduled for October 23, Economic Times Markets reported, citing the company’s Red Herring Prospectus.

The offering consists entirely of an offer for sale by the Edelweiss Group. There is no fresh issue of shares, so the proceeds will go to the selling shareholder rather than provide new capital to EAAA India Alternatives.

Issue reduced from draft proposal

The Rs 1,200-crore offering is smaller than the Rs 1,500 crore proposed in the Draft Red Herring Prospectus filed with the Securities and Exchange Board of India in January. Separately, Edelweiss Financial Services completed a sale of 4.4 per cent of EAAA India Alternatives’ common equity for Rs 375 crore in March.

Incorporated in 2008, EAAA India Alternatives manages long-term capital through a multi-strategy alternative investment platform focused on income and yield solutions. Its investments cover energy and transportation infrastructure, commercial real estate and private credit.

The company has offices in Mumbai, New Delhi, GIFT City and Singapore.

SEC Environmental Technologies plans October 27 launch

SEC Environmental Technologies Ltd is also preparing to open its IPO, with subscription scheduled to begin on October 27 and end on October 29. Anchor investor bidding is set for October 26.

Unlike EAAA’s all-OFS offering, SEC Environmental Technologies’ IPO combines a fresh issue worth up to Rs 150 crore with an offer for sale of up to 1,56,82,750 equity shares, according to its Red Herring Prospectus as described in the report.