EAAA India Alternatives Files Rs 1,500 Crore IPO Draft Papers with Sebi

EAAA India Alternatives, a subsidiary of Edelweiss Financial Services, has filed a draft red herring prospectus with Sebi to raise Rs 1,500 crore through an initial public offering (IPO) entirely via an offer-for-sale (OFS). The company will not receive proceeds from the IPO, with funds going to selling shareholders. Founded in 2008, EAAA manages diversified alternative assets worth Rs 65,504 crore as of September 2025, focusing on infrastructure, real estate, and private credit. The IPO is managed by Axis Capital, Jefferies India, Motilal Oswal, and Nuvama Wealth Management.