Aequs IPO Subscription Day 1

Posted by : sachet | Wed Dec 03 2025

Here, the Aequs IPO launched on 3rd December 2025. Bidding for the issue will close today, 5th December 2025. The primary aim of the Aequs IPO is to raise ₹921.81 crores from the market. Also, the Aequs IPO has received an impressive level of subscription, indicating that the shares will be listed at an impeccable premium. Scroll down to check the Aequs IPO subscription and details.

Table of Contents

Aequs IPO Details

IPO Open Date	3rd December 2025
Face Value	₹10 per share
Price Band	₹118 to ₹124 per share
Lot Size	120 shares
Issue Type	Bookbuilding Issue
Listing At	BSE & NSE
IPO Close Date	5th December 2025
Listing Date	10th December 2025

The price band for Aequs’s IPO has been set at Rs 118 to Rs 124, and a total of 7,43,39,651 shares are being issued. Let’s segregate the share quota fixed for different categories of investors.

Categories	Shares Offered	Shares Percentage
QIB Shares Offered	5,56,21,995	74.82%
QIB shares offered	1,11.24,399	14.96%
NII (HNI) Shares Offered	74,16,266	9.98%
Retail Shares Offered	1,76,991	9.98%
Employee Shares Offered	1,76,991	0.24%
Total Shares Offered	7,43,39,651	100.00%

Aequs IPO Subscription Status

As of now, the Aequs IPO has been subscribed to 3.46 times. Of these, 11.69 times are subscribed by retail investors, 3.47 times by non-institutional investors, and 0.68 times by QII (Qualified Institutional Investors).

The healthy subscription status indicates that investors are expecting higher returns at the time of Aequs’ IPO listing on 10th December 2025. Aequs also has a positive outlook behind the fresh issue of 38.29 shares, which will raise around Rs 921.81 crores.

Aequs IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Aequs IPO GMP for 3rd December 2025.

The grey market premium for this IPO has surged to 42.12% or Rs 46.75 per share. It indicates that the estimated listing price per share is Rs 157.75. Numerous factors played a pivotal role in this jump in the GMP of Aequs’s IPO. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs.

GMP Date	IPO Price	GMP	Estimated Listing Price	Estimated Listing Gains
3-12-2025	₹124.00	₹46.50	₹170.50	37.50%
2-12-2025	₹124.00	₹46.50	₹170.50	37.50%
1-12-2025	₹124.00	₹44.50	₹168.50	35.89%
30-11-2025	₹124.00	₹43.50	₹167.50	35.08%
29-11-225	₹124.00	₹43.00	₹167.00	34.68%
28-11-2025	₹124.00	₹40.00	₹164.00	32.26%

About Aequs Ltd.

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 the Aequs IPO. Look at the table to learn about Aequs Limited’s financials.

Year Ended	30th September 2025 (in cr.)	31st March 2025 (in cr.)	31st March 2024 (in cr.)	31st March 2023 (in cr.)
Assets	2,134.35	1,859.84	1,822.98	1,321.69
Revenue	565.55	959.21	988.30	840.54
Profit After Tax	-16.98	-102.35	-14.24	-109.50
EBITDA	84.11	107.97	145.51	63.06
Net Worth	796.04	707.53	807.17	251.91
Reserve and Surplus	200.43	135.09	-15.31	-146.15
Total Borrowing	533.51	384.79	291.88	346.14

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.

Technical Indicators

A number of 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 Indicators	Value
PE Ratio (Price-to-Earnings)	-74.71
EPS (Earnings Per Share)	-1.66
RoNW	-14.47
ROCE	0.87
ROE	-14.30
EBITDA Margin	11.68%
Price to Book Value	9.94
Market Capitalisation	₹8,316.06

Aequs IPO Listing Expectations

Aequs IPO Highlights: IPO allotment is still pending, as the bid will close today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A jump of 37.50% in Yash Highlight GMP suggests the estimated listing price per share will be around Rs 170.50.

It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation.

Aequs IPO Dates

IPO Open Date	3rd December 2025
IPO Close Date	5th December 2025
Allotment	8th December 2025
Refund Date	9th December 2025
IPO Listing Date	10th December 2025

Note: It is to be noted that IPO GMP is volatile based on market sentiment. Hence, one should conduct their research before investing in it.