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Gaja Capital's IPO gets Sebi approval
Mint Chennai
|October 28, 2025
Gaja Capital has secured approval from Securities and Exchange Board of India (Sebi) to move ahead with its initial public offering, paving the way for it to become India’s first private equity firm to go public.
Gaja Capital, which filed its draft IPO papers through the confidential route, is expected to raise ₹500-600 crore, Mint reported earlier. The PE firm in June had raised ₹125 crore in a pre-IPO placement from HDFC Life Insurance, SBI Life Insurance, Akash Bhanshali, and Jagdish Master at a valuation of about ₹1,625 crore.
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