Aequs IPO Day 1: Check Subscription Status, Key Highlights, and More

The only precision component manufacturer operating within a single special economic zone in India, Aequs, has launched its Initial Public Offering (IPO) for public subscription today, December 3, 2025. One day prior to the IPO opening, the company has raised ₹414 crore from anchor investors on December 2, 2025. 

Aequs IPO: Issue Details

Aequs IPO is a book-building issue of ₹921.81 crore, consisting of a fresh issue of ₹670 crore and an offer for sale (OFS) of ₹251.81 crore.   

The price band is set between ₹118 and ₹124 per share. The basis of allotment will be finalised by December 8, 2025, and the tentative listing date on BSE and NSE is December 10, 2025. 

Aequs IPO Day 1 Subscription Status

[3-December-2025 10:39:00 hrs]

Utilisation of IPO Proceeds

The net proceeds from the fresh issue will be used to: 

• Repay/prepay outstanding borrowings availed by Aequs and its subsidiaries, including AeroStructures Manufacturing, Aequs Consumer Products and Aequs Engineered Plastics 
• Fund capital expenditure towards the purchase of machinery and equipment by Aequs and its subsidiary, AeroStructures Manufacturing. 
• Funding inorganic growth through unidentified acquisitions
• Other strategic initiatives 
• General corporate purposes

Aequs Business Overview

Aequs is a uniquely positioned precision engineering and components manufacturer operating within a single Special Economic Zone (SEZ) in India. The company offers fully integrated, end-to-end production capabilities for the aerospace industry.

As of March 31, 2025, Aequs maintained one of the most extensive portfolios of aerospace components in India. For the six-month period ended September 30, 2025, and for FY 2025, their aerospace external revenue stood at ₹473.953 crore and ₹824.641 crore, respectively.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

To read the RA disclaimer, please click here