Aequs Limited
MainboardGMP is market estimated & subject to change. Not a guaranteed listing price.
Aequs Limited IPO Issue Details
| Issue Price | ₹118-124 per equity share |
| Face Value | ₹10 Per Equity Share |
| Total Issue Size | 7,43,39,651 shares(aggregating up to ₹921.81 crore) |
| Fresh Share | N/A |
| Offer For Sale | N/A |
| Listing at | BSE, NSE |
| List Price | Listing Price: 140.0 (Mainboard) |
| Listing Date | 2025-12-10 |
| Lead Manager | JM Financial LtdIIFL Capital Services LtdKotak Mahindra Capital Co.Ltd |
| Registrar | Kfin Technologies Limited |
Aequs Limited IPO Live Subscription
Last Updated: 09 Dec, 04:40Total Subscription
104.28 x
Based on live data from BSE/NSE
Aequs Limited IPO Subscription Analysis And Details
| Day / Date | QIB | NII (HNI) bNII (>10L) sNII (<10L) | Retail | Total |
|---|---|---|---|---|
| Shares Offered reserved quota | 2,22,41,733 | 1,11,24,399 74,16,266 37,08,133 | 74,16,266 | 4,09,59,389 |
Day 13 Dec 2025 | 0.68 xx | 3.54 2.98 4.65 | 11.97 xx | 3.52 xx |
Day 24 Dec 2025 | 0.75 xx | 17.46 14.14 24.10 | 34.24 xx | 11.42 xx |
Day 35 Dec 2025 | 122.93 xx | 83.61 79.86 91.13 | 80.95 xx | 104.28 xx |
Total Applications
44,55,165
Retail Subscription
Profit Estimator
Calculate your potential listing gains
Investment Amount
₹14,520.00
Current GMP
+₹22.78
Estimated Profit
Aequs Limited IPO Financial Scorecard
Aequs Limited IPO Peer Comparison
| Company Name | Revenue | RoNW | PE Ratio |
|---|---|---|---|
| Aequs | 924 | (14.4)% | N/A |
| Azad Engineering | 457 | 6.2% | 115 |
| Unimech Aerospace | 242 | 12.4% | 55 |
| Amber Enterprises | 9973 | 10.9% | 100 |
| Kaynes Tech | 2721 | 10.3% | 129 |
| Dixon Tech | 38860 | 47.5% | 73 |
| Ptc Industries | 308 | 4.4% | 417 |
Aequs Limited IPO Financial Results
| Metric | 30-Sep-25 | 31-Mar-25 | 30-Sep-24 | 31-Mar-24 | 31-Mar-23 |
|---|---|---|---|---|---|
| Assets | 2134.35 | 1859.84 | 1863.50 | 1822.98 | 1321.69 |
| Revenue | 565.55 | 959.21 | 475.51 | 988.30 | 840.54 |
| Profit After Tax | -16.98 | -102.35 | -71.70 | -14.24 | -109.50 |
| Net Worth | 796.04 | 707.53 | 731.65 | 807.17 | 251.91 |
| Reserves & Surplus | 200.43 | 135.09 | -90.83 | -15.31 | -146.15 |
| Total Borrowing | 533.51 | 437.06 | 384.79 | 291.88 | 346.14 |
* In Cr.
IPO Timeline
IPO Open
3 Dec 2025
IPO Close
5 Dec 2025
Allotment
8 Dec 2025
Refunds
9 Dec 2025
Demat Credit
10 Dec 2025
Listing
10 Dec 2025
IPO Open
3 Dec 2025
IPO Close
5 Dec 2025
Allotment
8 Dec 2025
Refunds
9 Dec 2025
Demat Credit
10 Dec 2025
Listing
10 Dec 2025
Aequs Limited IPO Lot Size & Application
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 120 | ₹14,880 |
| Retail (Max) | 13 | 1560 | ₹1,93,440 |
| S-HNI (Min) | 14 | 1680 | ₹2,08,320 |
| S-HNI (Max) | 67 | 8040 | ₹9,96,960 |
| B-HNI (Min) | 68 | 8160 | ₹10,11,840 |
Aequs Limited IPO About Company
Aequs is a diversified contract manufacturing company that facilitates large-scale and timely production of complex products, meeting the demanding needs of global Original Equipment Manufacturers (OEMs) in both the aerospace and consumer sectors. The company works within three specific, engineering-led vertically integrated precision manufacturing “ecosystems” in India that can offer “one-stop-shop” capabilities. This leads to various benefits: better quality management, cost and working capital efficiencies, reduced lead times, and lower global carbon emissions.
Aequs Limited IPO Share Holding
Pre Issue
64.48%
Post Issue
59.09%
Promoters
Aequs Limited IPO Where is the money going?
- 1
Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable,availed by the company
- 2
Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable twoof our wholly-owned Subsidiaries, through investment in the below Subsidiaries
- 3
Funding capital expenditure to be incurred on account of purchase of machinery and equipment by the company
- 4
Funding capital expenditure to be incurred on account of purchase of machinery and equipment by one of our wholly-owned Subsidiaries, AeroStructures Manufacturing India Private Limited through investment in such Subsidiary
- 5
Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes
COMPANY
Aequs Limited IPO
Aequs Tower, No. 55, Whitefield Main Road, Mahadevapura Post Belagavi Bengaluru, Karnataka, 560048
PHONE
+91 96 3205 8521
REGISTRAR
Kfin Technologies Limited
Common Questions
To decide on investing in Aequs Limited, consider its financial health. The company reported a revenue of {"30-Sep-25": "565.55", "31-Mar-25": "959.21", "30-Sep-24": "475.51", "31-Mar-24": "988.30", "31-Mar-23": "840.54"} and a profit after tax of {"30-Sep-25": "-16.98", "31-Mar-25": "-102.35", "30-Sep-24": "-71.70", "31-Mar-24": "-14.24", "31-Mar-23": "-109.50"}. It has a P/E ratio of N/A and a RoNW of -14.47%%. Always review the RHP and consult a financial advisor before investing.
Based on the latest Grey Market Premium (GMP) of ₹0, the expected listing price is around ₹124 per share. This suggests a potential listing gain of approx 12.90%%. (Note: GMP is volatile and not a guarantee).
The IPO opens for subscription on 3 Dec, 2025 and closes on 5 Dec, 2025. The allotment status will be finalized by 8 Dec, 2025, and listing is expected on 10 Dec, 2025.
Retail investors need to apply for a minimum of 1 lot (120 shares) which requires an investment of ₹14,880. For HNI investors, the minimum investment is 14 lots (1680 shares) amounting to ₹2,08,320.
You can check the allotment status on the registrar's website (Kfin Technologies Limited) or via the BSE/NSE website once the allotment is finalized on 8 Dec, 2025.
The price band for Aequs Limited IPO is set at ₹118 to ₹124 per share.
The minimum market lot (lot size) for Aequs Limited IPO is 120 shares. Retail investors can apply for up to 13 lots (1560 shares or ₹1,93,440).
The issue is divided into categories: Qualified Institutional Buyers (QIB) get N/A%, Non-Institutional Investors (NII/HNI) get N/A%, and Retail investors are allocated N/A% of the shares.