Aequs IPO Day 3: Check Subscription Status & Key Highlights

The ₹921.81 crore initial public offering (IPO) of Aequs enters its final day of bidding today, 5 December 2025. Till the end of day 2, the IPO received a total subscription of 11.10 times. 

Aequs IPO: Issue Details

• Issue Size: The 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.
• Price Band: The price band is set at ₹118-₹124 per share.
• Book-running lead managers: JM Financial Limited, IIFL Capital Services Limited, and Kotak Mahindra Capital Company Limited
• Registrar: KFin Technologies Limited
• Listing: The shares are proposed to be listed on the NSE and the BSE on December 10, 2025.  

Aequs IPO Day 3: Subscription Details

[5-December-2025 19:00:00 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 offers fully integrated, end-to-end production capabilities for the aerospace sector. It is the only precision component manufacturer operating within a single special economic zone in India. This comprehensive integration distinguishes the company from other contract manufacturers, which typically offer only selective or fragmented machining solutions. 

As of March 31, 2025, the company maintained one of the most extensive portfolios of aerospace components in the country. 

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

To read the RA disclaimer, please click here