
Aequs
10 Dec '25MAINBOARD
Min. Investment
₹14,160
Issue size
₹921.81 Cr
GMP
Locked
Overall subscription: 3.42x
Expert verdict

IPO dates
03 Dec
Opening
05 Dec
Closing
08 Dec
Allotment
10 Dec
Listing
*Refunds will be initiated on 09 Dec '25

Subscription (as on 04 December 2025, 08:30 AM)
Overall3.42x
About company
Founded: 2000|MD: Mr Rajeev Kaul
- Aequs Limited is a precision component manufacturer primarily engaged in producing vertically integrated components for the aerospace sector. The company manufactures precisely machined parts for original equipment manufacturers (OEMs) and system integrators, covering engine systems, landing systems, aircraft structures, cargo components, and interior assemblies.
- In addition to aerospace manufacturing, Aequs Limited has expanded its operations into consumer-focused segments, including plastics, consumer durables, and components for consumer electronics. These products include cookware, small home appliances, outdoor toys, figurines, and parts for portable computing and smart devices.
- The company operates three vertically integrated precision manufacturing ecosystems in India, supported by its facilities, select suppliers, and joint ventures (JVs). These ecosystems include machining, forging, surface treatment, and assembly capabilities. Aequs Limited also undertakes niche metallurgy works, such as machining titanium and high-end alloys.
- Use of proceeds:
- The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes:
- Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties — Rs 433.17 crore
- Funding capital expenditure for the purchase of machinery and equipment — Rs 64.00 crore.
- Funding inorganic growth through unidentified acquisitions, other strategic initiatives, and general corporate purposes.
Issue Details & Objective
Lot size
120 Shares
Price band
₹118 to 124
Face value
₹10 per share

Financials
FAQs
Should I apply for the Aequs IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Aequs IPO?
The issue size of Aequs IPO is ₹921.81 Cr
What are the open and close dates for Aequs IPO?
The Aequs IPO will be open for applications from 03 Dec '25 to 05 Dec '25
What is the lot size and minimum order quantity of Aequs IPO?
The lot size of Aequs IPO is 120 Shares and its minimum investment amount is ₹14,160.
What is the GMP value of Aequs IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Aequs IPO is null

