Upcoming IPOs: Meesho, Aequs, and Vidya Wires IPOs to Open Tomorrow

December is kicking off with a robust line-up of mainboard offerings. Three mainboard IPOs are all set to open tomorrow, Wednesday, 03 December 2025. 

These include e-commerce player Meesho, aerospace/precision-manufacturing firm Aequs, and wire manufacturer Vidya Wires. Collectively, they aim to raise around ₹6,643.02 crore through a mix of fresh issue and offer for sale (OFS).

Meesho IPO Details

• Issue Structure: The IPO is a book-building issue of ₹5,421.20 crore, consisting of a fresh issue of ₹4,250 crore and an offer for sale (OFS) of ₹1,171.20 crore.
• Price Band:  The price band is set between ₹105 and ₹111 apiece.
• Minimum Investment Requirement
• For retail investors: ₹14,985
  • For sNII: ₹2,09,790
  • For bNII: ₹10,03,995
• Allotment & Listing: The basis of allotment will be finalised by December 8, 2025, and the tentative listing on NSE and BSE is December 10, 2025
• Book-running lead managers: Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited, Morgan Stanley India Company Private Limited, Axis Capital Limited, and Citigroup Global Markets India Private Limited
• Registrar: KFin Technologies Limited 
• Use of Proceeds: The net proceeds from the fresh issue will be used towards the following objectives:
  • Invest in cloud infrastructure for the subsidiary, Meesho Technologies Private Limited, and fund marketing and brand initiatives.
  • Payment of salaries of existing and replacement hires for the machine learning, AI and technology teams undertaken by Meesho Technologies Private Limited.
  • Funding inorganic growth through acquisitions and other strategic initiatives
  • General corporate purposes

Aequs IPO Details

• Issue Structure: 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:  ₹118 to ₹124 per share
• Minimum Investment Requirement
• For retail investors: ₹14,880
  • For sNII: ₹2,08,320
  • For bNII: ₹10,11,840
• Allotment & Listing: The basis of allotment will be finalised by December 8, 2025, and the tentative listing on NSE and BSE is December 10, 2025
• Book-running lead managers: JM Financial Limited, IIFL Capital Services Limited, Kotak Mahindra Capital Company Limited
• Registrar: KFin Technologies Limited 
• Use of 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

Vidya Wires IPO Details

• Issue Structure: The IPO is a book-building issue of ₹300 crore, consisting of a fresh issue of ₹274 crore and an offer for sale (OFS) of ₹26.01 crore.
• Price Band: ₹48 to ₹52 per share
• Minimum Investment Requirement
• For retail investors: ₹14,976
  • For sNII: ₹2,09,664
  • For bNII: ₹10,03,392
• Allotment & Listing: The basis of allotment will be finalised by December 8, 2025, and the tentative listing on NSE and BSE is December 10, 2025
• Book-running lead managers: Pantomath Capital Advisors Private Limited and IDBI Capital Markets & Securities Limited
• Registrar: MUFG Intime India Private Limited
• Use of Proceeds: The net proceeds from the fresh issue will be used to 
  • Repay/prepay outstanding borrowings availed by the company 
  • Fund capital expenditure towards setting up a new project in the subsidiary, viz. ALCU 
  • General corporate purposes

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

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