Shardul Amarchand Mangaldas & Co. acted as the legal counsel to EAAA India Alternatives Limited (“EAAA” or the “Company”) and its promoters, Edelweiss Securities and Investments Private Limited (“ESIPL”) and Edelweiss Financial Services Limited, in connection with the Company’s initial public offering (“IPO”), culminating in the listing of its equity shares on the stock exchanges on November 2, 2026.
The IPO comprised of an offer for sale of 7,207,207 equity shares of face value ₹5 each of the Company, aggregating to ₹12,000 million, offered by ESIPL. The bid/ offer opened on October 26, 2026 and closed on October 28, 2026.
This IPO was a first-of-its kind, where a leading alternatives platform tapped the equity capital markets in India. EAAA manages long-term and patient capital across real assets and private credit verticals, with an AUM of ₹953,448.78 million, as of June 30, 2026. Its key business verticals comprise real assets, which invests in a mix of equity, quasi-equity and debt instruments, and private credit, which primarily invests in debt or convertible debt instruments and secular instruments for superior risk-adjusted returns.
The IPO involved a cross-border offering, with equity shares offered to eligible investors in the United States in reliance on applicable exemptions under US securities laws, as well as to eligible investors outside the United States in offshore transactions under Regulation S of the US Securities Act of 1933, as amended.
The transaction team comprised Nikhil Naredi, Partner; Harsh Loonker, Principal Associate; Rakshita Poddar, Senior Associate; Najeeb Din, Associate; and Thejaswi Melarkode, Associate.
