EAAA India Alternatives Limited
- Unlisted share
- Capital Markets
- ISIN INE528L01027
At a glance
Sales
FY26
₹870 Cr
+29.7%on FY25What the company earned from its customers in the year.
Profit
FY26
₹265 Cr
+15.4%on FY25What was left after every cost and tax was paid.
Net worth
FY26
₹1,076 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- EAAA India Alternatives Limited
- ISIN
- INE528L01027
- Sector
- Capital Markets
- Type of share
- Unlisted equity share
- Indicative price per share
- On request
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About EAAA India Alternatives Limited
EAAA India Alternatives Limited is the alternative-asset management arm of the Edelweiss group, incorporated in 2008 and based in Mumbai. It raises and manages India-focused private credit and real-assets funds (including an infrastructure investment trust) for institutions, family offices and wealthy individuals, earning management fees, performance-linked returns and income on its own fund commitments; it reported assets under management of about ₹65,500 crore at September 2025. Edelweiss Financial Services and its group companies are the promoters and held 95.58% in August 2026, and the company has filed draft papers for an IPO that is entirely an offer for sale by Edelweiss Securities and Investments Private Limited.
Written from: sebi.gov.in, sebi.gov.in
Listing status. DRHP dated 19 January 2026 filed with SEBI for an IPO of up to ₹1,500 crore, entirely an offer for sale by Edelweiss Securities and Investments Private Limited; an addendum with FY2025-26 and June 2026 quarter financials was filed in August 2026. An earlier DRHP dated 5 December 2024 had been filed before. Not listed as of the addendum. Addendum dated 13 August 2026 to the draft red herring prospectus (SEBI)
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Capital Markets
- ISIN
- INE528L01027
- Year of incorporation
- 2008
- Registered office
- Mumbai, Maharashtra
- Promoters
- Edelweiss Financial Services Limited, Edelweiss Securities and Investments Private Limited, Edel Finance Company Limited and Edelweiss Global Wealth Management Limited (promoter group 95.58%)
- Key people
- Executive Chairman and Whole-Time Director: Rashesh Chandrakant Shah; Chief Executive Officer: Amit Agarwal; Chief Financial Officer: Hemal Mehta
- Draft red herring prospectus dated 19 January 2026 (SEBI)
- Face value per equity share
- ₹5
- Equity shares outstanding
- 6,42,80,246 shares
- CIN
- U67190MH2008PLC182205
- Official website
- eaaa.in
Read from: Addendum dated 13 August 2026 to the draft red herring prospectus (SEBI), unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Profit margincalculated
30.5%
Out of every ₹100 of sales, ₹30.5 was left as profit.
Return on equitycalculated
24.7%
For every ₹100 of the owners' money, the company made ₹24.7 of profit in the year.
Debt to equitycalculated
0.41×
The company has borrowed ₹0.41 for every ₹1 of its owners' money.
- Indicative price
- On request
- No. of shares
- 6,42,80,246
- EPS
- ₹41.26
- Book value per share
- ₹167.32
- Face value
- ₹5
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2025-26. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
EAAA India Alternatives Limited (formerly Edelweiss Alternative Asset Advisors Limited). As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY23 to FY26: ₹653 Cr to ₹870 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY23 to FY26: ₹322 Cr to ₹265 Cr.
| Particulars | FY23 | FY24 | FY25 | FY26Latest |
|---|---|---|---|---|
| Revenue from operations | 652.59 | 492.58 | 670.26 | 869.54▲30% |
| Other income | n/a | 91.67 | 116.28 | 94.22▼19% |
| Total income | 701.23 | 584.25 | 786.54 | 963.76▲23% |
| Depreciation and amortisation | n/a | 5.35 | 11.23 | 13.02▲16% |
| Finance costs | n/a | 36.48 | 49.12 | 55.96▲14% |
| Profit before tax | n/a | 212.69 | 284.31 | 338.64▲19% |
| Profit after tax | 322.19 | 175.16 | 229.78 | 265.2▲15% |
| Earnings per share (basic) (₹) | n/a | 27.25 | 35.75 | 41.26▲15% |
| Fee-paying AUM | n/a | 30,398.01 | 33,833.28 | 44,710.44▲32% |
| Management and advisory fees | n/a | 398.01 | 479.53 | 579.07▲21% |
Rupees crore unless marked, consolidated (restated). The change shown is the latest year against the year before. Read from: Addendum dated 13 August 2026 to the draft red herring prospectus (SEBI), Draft red herring prospectus dated 19 January 2026 (SEBI).
Credit rating. CRISIL A+ on NCDs, MLDs and bank loans; Acuite A+ on NCDs/MLDs; Brickwork A+ on MLDs; A1+ on commercial paper (CRISIL, Infomerics) (FY2024-25) Draft red herring prospectus dated 19 January 2026 (SEBI)
Ownership
Shareholding pattern
Who owns the company
As of 13 August 2026
95.6%Promoter and promoter group
- Largest holder
- 95.6%
- Top 2 together
- 100.0%
- Holders named
- 2
- Promoter and promoter group95.58%
- Public (41 shareholders)4.42%
- Total100.00%
Read from: Addendum dated 13 August 2026 to the draft red herring prospectus (SEBI)
Capital history
Fund raise history
| Date and detail | Type | Instrument | Price per share | Amount raised | Source |
|---|---|---|---|---|---|
| 2026-03Promoter-group company Edelweiss Investment Adviser Limited sold 2,840,000 existing shares to outside investors after the DRHP was filed; disclosed to the exchanges on 7 March 2026. No money went to the company. | Secondary sale | Equity shares | Not stated | Not stated | sebi.gov.in |
| 8 May 202413,294,798 shares allotted to Edelweiss Securities and Investments on conversion of compulsorily convertible instruments carried at ₹230 crore. | Conversion | Equity shares (face value ₹10, before the split) | ₹173 | ₹230 Cr | sebi.gov.in |
| 26 Mar 20246,470,588 shares allotted to Edelweiss Securities and Investments on conversion of compulsorily convertible instruments. | Conversion | Equity shares (face value ₹10, before the split) | ₹170 | Not stated | sebi.gov.in |
| 24 Mar 202110,000,000 shares allotted at par to Edelweiss Securities and Investments. | Rights issue | Equity shares (face value ₹10) | ₹10 | ₹10 Cr | sebi.gov.in |
Read from: Addendum dated 13 August 2026 to the draft red herring prospectus (SEBI), Draft red herring prospectus dated 19 January 2026 (SEBI)
Leadership
Management
Rashesh Chandrakant Shah
Executive Chairman and Whole-Time Director
Amit Agarwal
Chief Executive Officer
Hemal Mehta
Chief Financial Officer
Deepak Mukhija
Company Secretary and Compliance Officer
Priyadeep Chopra
Non-Executive Non-Independent Director
Ananya Suneja
Non-Executive Non-Independent Director
Sunil Nawal Phatarphekar
Non-Executive Independent Director
Neeta Mukerji
Non-Executive Independent Director
Sunil Kakar
Non-Executive Independent Director
Read from: Draft red herring prospectus dated 19 January 2026 (SEBI), Addendum dated 13 August 2026 to the draft red herring prospectus (SEBI)
Corporate calendar
Events
- 13 Aug 2026DRHPAddendum to the DRHP filed with updated financials to June 2026, updated shareholding and management changes (an independent director and one of the two CEOs resigned)Open
- 7 Mar 2026OtherCompany told the exchanges that a promoter-group entity had sold 2,840,000 shares in a secondary sale after the DRHPOpen
- 19 Jan 2026DRHPFresh draft red herring prospectus filed for an offer for sale of up to ₹1,500 croreOpen
- 12 Jun 2025OtherAmit Agarwal and Subahoo Chordia appointed chief executive officersOpen
- 30 Aug 2024OtherName changed from Edelweiss Alternative Asset Advisors Limited to EAAA India Alternatives LimitedOpen
- 16 Aug 2024SplitShareholders approved sub-division of each ₹10 share into two ₹5 shares (32,140,123 shares became 64,280,246)Open
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about EAAA India Alternatives Limited on WhatsAppIs the price shown for EAAA India Alternatives Limited final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my EAAA India Alternatives Limited shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell EAAA India Alternatives Limited shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Similar stocks
More in Capital Markets
- Ask Investment Managers₹787.05 · ₹6,886 Cr
- Eastern Investments Limited₹2,969.01 · ₹429 Cr
- HDFC Securities Ltd₹7,573.50 · ₹13,537 Cr · P/E 14.6
- Jainam Broking Limited₹215.82 · ₹3,885 Cr · P/E 8.3
- Metropolitan Stock Exchange of India Ltd₹6.60 · ₹3,960 Cr
- NCDEX (National Commodity & Derivatives Exchange) Limited₹303.61 · ₹2,723 Cr
Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by EAAA India Alternatives Limited. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.