ad

Aequs IPO Details: Everything You Should Know about 

Posted by : sachet | Fri Nov 28 2025

Aequs IPO Details: Everything You Should Know about 

Check Expert’s Verdicts on Aequs IPO

The Aequs IPO will be open for bidding from 3rd December 2025 to 5th December 2025. It is a book-building issue of ₹921.81 crore shares. The issue is entirely a fresh issue of 5.40 crore shares. And an offer for sale of 2.03 crore shares. The IPO is expected to be listed on the BSE and NSE with a tentative listing date of 10th December 2025.

Aequs IPO Details

The Aequs IPO is expected to take place from 3rd December 2025 to 5th December 2025. The face value of Aequs IPO shares is ₹10 per share, and the IPO price is set at ₹118 to ₹124 per share.

Kfin Technologies Limited is the registrar of the Aequs IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.

Aequs IPO Details 

IPO Open Date3rd December 2025
IPO Close Date5th December 2025
IPO Allotment Date8th December 2025
Refund Initiation 9th December 2025
Face Value₹10 per share
Price Band₹118 to ₹124 per share
Lot Size120 Shares
Issue Size7,43,39,651 shares(aggregating up to ₹921.81 Cr)
Fresh Issue5,40,32,258 shares(aggregating up to ₹670.00 Cr)
Offer for sale 2,03,07,393 shares of ₹10(aggregating up to ₹251.81 Cr)
Issue Type Bookbuilding IPO
Listing AtBSE and NSE
Listing Date10th December 2025

Aequs IPO Share Reservation

Aequs’ IPO is a book-building issue IPO of ₹921.81 Crore shares. Aequs Limited Shares will be listed on the BSE and the NSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories.

Investor CategoriesShares Offered
QIB Shares OfferedNot less than 75% of the net offer
Retail Shares OfferedNot more than 10% of the net offer
NII Shares OfferedNot more than 15% of the net offer

Aequs IPO GMP 

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Would you like to receive live updates on the Aequs IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

GMP DateIPO PriceGMPEstimated Listing Price Estimated L0isting Gains
5-12-2025
4-12-2025
3-12-2025₹124.00₹26.00₹150.0020.97%
2-12-2025₹124.00₹26.00₹150.0020.97%
1-12-2025₹124.00₹26.00₹150.0020.97%
30-11-2025₹124.00₹26.00₹150.0020.97%
29-11-225₹124.00₹26.00₹150.0020.97%
28-11-2025₹124.00₹26.00₹150.0020.97%
27-11-2025₹0.00₹18.00₹150.000.00%

As of  3rd December 2025, the Aequs IPO GMP stands at ₹26 per share, indicating that the share is likely to list at ₹150 on its tentative listing date, 10th December 2025.

GMP data is subject to change based on market trends and sentiments. Please verify the live GMP status before applying for the Aequs IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends. 

Aequs IPO Review

Review the detailed Aequs IPO review for a thorough understanding of its potential to deliver listing gains. The Aequs IPO review will help you invest effectively to avoid significant losses. Explore more to make an informed Investment decision on this IPO.

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Therefore, it is crucial to comprehend the business’s economic performance and trends before applying for the Aequs IPO.

Aequs Limited’s revenue decreased by 3% from ₹988.30 crore in March 2024 to ₹959.21 crore in March 2025. Moreover, the company’s PAT decreased by 619% from -₹14.24 crores to -₹102.35 crores. Investors can analyse other relevant factors and make a decision accordingly.

Aequs Limited’s IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for Aequs’s IPO on its tentative listing day.

Technical Analysis

Some technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Aequs IPO

Key IndicatorsValue
PE Ratio (Price-to-Earnings) -74.71
EPS (Earnings Per Share)-1.66
RoNW-14.47
ROCE0.87
ROE-14.30
EBITDA Margin11.68%
Price to Book Value9.94
Market Capitalisation₹8,316.06

The P/E ratio of Aequs Limited’s shares is -74.71, and its Earnings Per Share (EPS) is -1.66. Thus, the Aequs Limited IPO can deliver gains on its tentative listing day, 10th December 2025

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Aequs Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics. 

IndicatorsPre-IPOPost-IPO
PE Ratio-74.71-244.92
EPS -1.66-0.51

Aequs IPO Subscription Status

The subscription status for the Aequs IPO is yet to be announced. Stay informed on this passage to check the live Aequs IPO subscription status. 

Investor CategoryShares OfferedShares SubscribedSubscription to the Times
QIB Shares OfferedNot less than 75% of the net offerYet to be announcedYet to be announced
Retail Shares OfferedNot more than 10% of the net offerYet to be announcedYet to be announced
NII Shares OfferedNot more than 15% of the net offerYet to be announcedYet to be announced

About the Aequs Limited Company Overview

Aequs Limited was established in 2000. Aequs Ltd. is engaged in manufacturing and operating a special economic zone in India to offer fully vertically integrated manufacturing capabilities in the Aerospace Segment. The company’s diverse product portfolio includes components for engine systems, landing systems, cargo and interiors, structures, assemblies and turning for the aerospace clients. The company primarily operate in the Aerospace Segment. Over the years, they have expanded their product portfolio to include consumer electronics, plastics, and consumer durables for their consumer clients. As of September 30, 2025, the company produced over 5,000 products within the Aerospace Segment under a variety of manufacturing and assembly programs established with their aerospace customers, including programs for single aisle (such as A220, A320, B737) and long range (A330, A350, B777, B787) commercial aircraft.

Aequs Limited Financials

The company’s financial analysis is essential before applying for Aequs Limited’s IPO. Refer to the table to learn about Aequs Limited’s financial information. 

Year Ended30th Sep2025 (in cr.)31st March 2025 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)
Assets2,134.351,859.841,822.981,321.69
Revenue565.55959.21988.30840.54
Profit After Tax-16.98-102.35-14.24-109.50
EBITDA84.11107.97145.5163.06
Net Worth796.04707.53807.17251.91
Reserve and Surplus200.43135.09-15.31-146.15
Total Borrowing533.51384.79291.88346.14

Explanation

Aequs Limited’s revenue decreased by 3% from ₹988.30 crore in March 2024 to ₹959.21 crore in March 2025. Moreover, the company’s PAT decreased by 619% from -₹14.24 crores to -₹102.35 crores. Investors can analyse other relevant factors and make a decision accordingly.

Aequs IPO Promoter Holdings

Take a look at the table below to review the holdings of Aequs Limited’s promoters. Manjunatha Donthi Venkatarathnaiah, Shubha Manjunatha Donthi, Suhas Donthi Manjunatha and Sumanth Manjunatha Donthi.

Share Holding Pre-Issue64.48%
Share Holding Post-Issue

Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue –  Share Holding Post-Issue.

Aequs IPO Objectives

The primary objective of the Aequs IPO is to raise ₹921.81 crore. However, before applying for the IPO, it is essential to understand its secondary objectives. Explore them below

Should I Invest in the Aequs IPO?

Explore the pros and cons of Aequs’ IPO to decide whether to apply for it or avoid it. These pros and cons might help you understand the IPO’s potential to deliver profits in the coming decades.

Pros of Aequs IPO

  • The company has advanced and vertically integrated precision manufacturing capabilities.
  • The company has a long-standing relationship with high-entry-barrier global customers.
  • The company has manufacturing presence across three continents with strategic proximity to end customers.

Cons of the Aequs IPO

  • The company has recurring losses and no consistent profit yet
  • The company has a heavy concentration of revenues in aerospace, and a  few customers
  • The company has high capital expenditure requirements and execution risk

How to Invest in the Aequs IPO?

Please follow the steps outlined below to apply for a position at Aequs IPO Limited.

  • Step 1: Conduct thorough research on the Aequs IPO, including GMP status, subscription status, issue size, lot size, and other relevant details. 
  • Step 2: Open a demat account with Univest to gain real-time insights into GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
  • Step 3: Place a bid for one lot of 120 shares, valued at ₹14,880.
  • Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Aequs IPO across multiple demat accounts to increase your chances of allotment. 

How to Check Aequs IPO Allotment Status?

You can check for the Aequs IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On BSE

  • Visit the BSE Official Website.
  • Navigate to the IPO Allotment Section. 
  • Select Equity as the issue type. 
  • Choose the Aequs IPO.  
  • Choose whether to proceed with the PAN number or the application number.
  • Submit your details to get the allotment status online. 

Check On the Registrar Portal

  • Visit the registrar portal. 
  • Click on the allotment option.
  • Fill in the required details.
  • Click on the submit button to know your Aequs IPO allotment status.

Download the Univest iOS App or the Univest Android App to get daily stock recommendations and insightful research pieces!

Final Thoughts 

Aequs’ IPO is a Boobuilding IPO of ₹921.81 crore. The shares of Aequs IPO Limited will be listed on the BSE and NSE on its tentative listing date of 10th December 2025. Researching the Aequs IPO, including its GMP status and reviews, is highly recommended to secure the profitability you desire. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Stay informed with Univest to get regular updates on the Aequs IPO, GMP, subscription, and more!

FAQs on Aequs IPO

How is the Aequs IPO?

Ans. As of 3rd December 2025, the Aequs IPO GMP (Grey Market Premium) stands at 26. It indicates that the estimated listing price could be ₹150 per share. It is a book-building IPO of ₹921.81 crore shares. The face value of each share of Aequs IPO Limited is ₹10.

What is Aequs’s IPO price?

Ans. The Aequs IPO price range is ₹118.00 to ₹124.00 per share. Retail investors can apply for a minimum of 1 lot, each consisting of 120 shares, worth ₹14,880. Moreover, HNIs are required to bid for a minimum of 14 lots (1,680 shares) worth ₹2,08,320.

Is the Aequs IPO a good investment?

Ans. Aequs Limited’s revenue decreased by 3% from ₹988.30 crore in March 2024 to ₹959.21 crore in March 2025. Moreover, the company’s PAT decreased by 619% from -₹14.24 crores to -₹102.35 crores. Investors can analyse other relevant factors and make a decision accordingly.

Who will be the registrar of the Aequs IPO?

Ans. According to recent updates, Kfin Technologies Limited will be the registrar responsible for managing allotment and refund procedures. For any queries regarding the Aequs IPO GMP, allotment, and refund, you can contact Kfin Technologies Limited at aequs.ipo@kfintech.com or 04067162222, 04079611000.

What is the issue size of the Aequs IPO?  

Ans. Aequs IPO is a book-building issue of ₹921.81 crore. Moreover, the IPO is set to open on 3rd December 2025 and close on 5th December 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Aequs IPO, wait for the Aequs IPO RHP and Aequs IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.

Upcoming IPOs

IPO NamesExpected Year of IPO
Tata Capital IPO2025
PhonePe IPO2025
Bajaj Energy IPO2025
OYO IPO2025
ARC Insulation & Insulators  IPO2025
Flipkart IPO2025
Zepto IPO2025
boAt IPO2025
Meesho IPO2025
Jio IPO2026
BSE IPO2025

Current & Previous IPOs

CompanyIPO OpenIPO CloseType
ARC Insulation  & Insulators IPO21st August 202525th August 2025SME
Mangal Electricals Industries IPO20th August 202522nd August 2025Mainboard
Patel Retail IPO19th August 202521st August 2025Mainboard
Vikram Solar IPO19th August 202521st August 2025Mainboard
Gem Aromatics IPO19th August 202521st August 2025Mainboard
Shreeji Shipping Global IPO19th August 202521st August 2025Mainboard
LGT Business Connextions IPO19th August 202521st August 2025SME
Studio LSD IPO18th August 202520th August 2025SME
Regaal Resources IPO12th August 202514th August 2025Mainboard
Bluestone Jewellery IPO11th August 202513th August 2025Mainboard
JSW Cement IPO7th August 202511th August 2025Mainboard

Read Our Articles on the Best Stocks

Tech Stocks in India to Invest in 2025 | Tech Sector Stocks 

Best Battery Stocks in India to Invest in 2025 | Battery Sector Stocks 

Best Shipping Stocks in India to Invest in 2025 | Shipping Sector Stocks 

Paint Stocks in India to Invest in 2025 | Paint Sector Stocks 

Paper Stocks in India to Invest in 2025 | Paper Sector Stocks 

Best Semiconductor Stocks in India 2025 

Best Large Cap Stocks in India 2025 

Green Energy Penny Stocks

Best Cement Stocks To Invest in India

Also Explore

Best Stocks Multibagger Stocks Penny StocksFundamentally Strong Stocks Sector-Wise StocksPSU /Government Stocks
For the Next 10 YearsFor the Next 5 YearsSolar Penny StocksOn BSESolar Energy SectorPSU Stocks List
Long Term Below 100 RsTop 5 Penny StocksFor Long-TermHospitality Sector PSU Stocks in 2025
Best Bike StocksFor 2025Best Penny Stocks in IndiaPenny SharesHotel SectorGovernment Stocks in 2024
Best Liquor StocksHigh-Growth StocksFor 2025Agriculture SectorGovernment Stocks List
Best Railway StocksUnder 500Penny Stocks Pharma SectorGovernment Stocks in 2025
Best Auto StocksFor 2026Oil and Gas Sector

Univest Screeners

ExclusiveIndicesBreakouts
Buy in Short TermNifty Small Cap 100Daily Fresh Breakouts
Buy in the Long TermNifty MidcapWeekly Breakouts
FII Holdings ChangeNifty BankOversold Stocks
Golden CrossoverSeBSExNearing Breakout
Upcoming DividendsNifty Fin Service
DII Holdings ChangeBankex
High Dividend StocksNifty Mid Cap 100
Earnings AnnouncedNifty 50
Fundamentally Strong 
Top Gainers
Top Losers
Low Debt Mid Caps
Cash-Rich Small Caps
Volume Shockers
52-Week High 
52-Week Low

icon

100% Safe & Secure Platform.

Univest encrypts all data and transactions to ensure a completely secure experience for our members.

Copyright

2025 Univest. All rights reserved. | Designed with ❤️ in India
About Univest
About: Univest is a cutting-edge stock market platform designed to help traders and investors maximize their returns with expert-driven advisory services and seamless trading execution. Whether you're a seasoned trader or just starting, Univest simplifies your investment journey with actionable trade recommendations, AI-powered portfolio insights, and a fully integrated brokerage experience. With Univest, you gain access to proven stock market advisory, offering expert trade ideas for stocks, futures, options, and commodities. Our one-click trade execution feature eliminates slippage, ensuring instant execution through our advisory-first brokerage. Smart portfolio management allows you to identify underperforming stocks, optimize your investments, and receive real-time alerts. Additionally, Univest provides seamless investment opportunities beyond stocks, including mutual funds, bonds, fixed deposits, and insurance (coming soon). Join over 40 lakh active investors who trust Univest to make informed and profitable trading decisions. Start investing smarter today! 🚀  
Attention Investors : To ensure a smooth trading experience and prevent unauthorized transactions, investors must update their mobile number and email ID with their stockbroker or depository participant. As per regulatory requirements, investors are required to pay a stipulated amount as an upfront margin for trading in the Cash/FO segment. We encourage all investors to regularly check their securities in the Consolidated Account Statement (CAS) issued by depository to verify their holdings.Always verify alerts and transaction details received directly from the exchange or NSDL before proceeding with any trades. Please do not make payments through unverified email links, WhatsApp, or SMS. Always trade through a registered stockbroker and verify all details before making financial decisions.
 
Disclaimer: Investments in the securities market are subject to market risks. Please read all related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. For more disclaimer /disclosure, visit https://univest.in/stock-broker or Univest App.We collect and use your contact information for legitimate business purposes, including providing updates on our products and services. We do not sell or rent your contact information to third parties. By submitting your details, you authorize us to contact you via Call/SMS, even if you are registered under DND. This authorization remains valid for 12 months.For grievances, please contact us at hello@unibrokers.in .
 
Univest Stock Broking Disclosures
Univest Stock Broking Private Limited - SEBI Reg. No. INZ000317437 (Stock Broker), NSE TM Code: 90392, BSE TM Code: 6866, MCX TM Code: 57290 and ICCL- Self Clearing Member Code: 6866, SEBI Reg. No. IN-DP-779-2024 (Participant), NSDL DP ID: IN304748.
 Risk Disclosures on Derivatives
1. 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
2. On an average, loss makers registered net trading loss close to ₹ 50,000
3. Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
4. Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Attention Investors: As per NSE circular dated July 6, 2022: https://nsearchives.nseindia.com/content/circulars/INSP52900.pdf, BSE circular dated July 6, 2022: https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20220706-55, MCX circular dated July 11, 2022: https://www.mcxindia.com/docs/default-source/circulars/english/2022/july/circular-418-2022.pdf?sfvrsn=9401991_0, investors are cautioned to abstain them from dealing in any schemes of unauthorised collective investments/portfolio management, indicative/ guaranteed/fixed returns / payments etc. 
Investors are further cautioned to avoid practices like:
a. Sharing 
i) trading credentials – login id and passwords including OTPs.
ii) trading strategies,
iii) position details.
b. Trading in leveraged products /derivatives like Options without proper understanding, which could lead to losses.
c. Writing/ selling options or trading in option strategies based on tips, without basic knowledge and understanding of the product and its risks.
d. Dealing in unsolicited tips through platforms like Whatsapp, Telegram, Instagram, YouTube, Facebook, SMS, calls, etc.
e. Trading / Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers.
 Kindly read the Advisory Guidelines For Investors as prescribed by the Exchange with reference to their circular dated 27th August, 2021 regarding investor awareness and safeguarding client’s assets: https://nsearchives.nseindia.com/content/circulars/INSP49434.pdf
Kindly, read the advisory as prescribed by the Exchange with reference to their circular: NSE/ISC/51035 dated January 14, 2022 regarding Updation of mandatory KYC fields by March 31, 2022: https://www.nseindia.com/resources/exchange-communication-circulars# 
Attention Investors: Prevent unauthorised transactions in your Demat account by updating your mobile number with your depository participant. Receive alerts on your registered mobile number for debit and other important transactions in your Demat account directly from NSDL on the same day. Prevent unauthorised transactions in your Trading account by updating your mobile numbers/email addresses with your stock brokers. Receive information on your transactions directly from the Exchange on your mobile/email at the end of the day. Issued in the interest of investors. KYC is a one-time exercise while dealing in securities markets - once KYC is done through a SEBI-registered intermediary (Broker, DP), you need not undergo the same process again when you approach another intermediary. As a business, we don’t give stock tips and have not authorised anyone to trade on behalf of others. If you find anyone claiming to be part of Univest Stock Broking Private Limited and offering such services, please send us an email at hello@unibrokers.in
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.
Update your email ID and mobile number with your stockbroker/depository participant and receive an OTP directly from the depository on your registered email ID and/or mobile number. Check your securities/mutual funds/bonds in the Consolidated Account Statement (CAS) issued by NSDL every month.
Attention Investors: SEBI has established an Online Dispute Resolution Portal (ODR Portal) for resolving disputes in the Indian Securities Market. This circular streamlines the existing dispute resolution mechanism, offering online conciliation and arbitration, benefiting investors and listed companies https://www.sebi.gov.in/legal/circulars/jul-2023/online-resolution-of-disputes-in-the- indian-securities-market_74794.html. ODR portal for Investors - https://smartodr.in/login.
Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances.
General
arrow down