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Aequs Ltd.

Aequs Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹124
₹124
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹124
Based on GMP
Min. Investment
₹14,880
1 lot × 120 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
03 Dec 2025
Close Date
05 Dec 2025
Allotment
08 Dec 2025
Listing Date
10 Dec 2025
Exchange
NSE & BSE
Price Band
₹124
Listing Price
See chart
Allotment Status
Price Band
₹124
Per share
Face Value
₹10 per share
 
Lot Size
120 Shares
per lot
Issue Size
7,43,39,651 shares (aggregating up to ₹921.81 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,880
1 lot
Pre-IPO Holding
61,66,17,677 shares
Promoters
Post-IPO Holding
67,06,49,935 shares
Promoters
P/E (Pre)
-74.71x
 
P/E (Post)
-244.92x
 
EPS (Pre)
₹-1.66
 
EPS (Post)
₹-0.51
 
UPI Deadline
2025-12-05
Mandate
Anchor AllotmentTue, 02 Dec 2025
Basis of AllotmentMon, 08 Dec 2025
Refund InitiationTue, 09 Dec 2025
Demat CreditTue, 09 Dec 2025
Listing DayWed, 10 Dec 2025
UPI Mandate Deadline2025-12-05
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares5,40,32,258 shares (aggregating up to ₹670.00 Cr)
Offer for Sale2,03,07,393 shares of ₹10 (aggregating up to ₹251.81 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Aequs Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 05 Dec 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
74,355,351
100% ₹922.01
IPO Shares Offered
Aequs Ltd. IPO total issue size: ₹922.01 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 74,355,351 ₹922.01
100.00%
* Based on upper price band ₹124 per share
Lot Size & Investment
Lot Size
120
Shares per Lot
Issue Price
₹124.00
Upper Band
Min Investment
₹14,880
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2240₹29,760
Retail (Max — 13 Lots)131,560₹193,440
S-HNI (Min — 14 Lots)141,680₹208,320
B-HNI (Min — 68 Lots)688,160₹1,011,840
* Issue Price ₹124 × Lot Size 120 shares
IPO Schedule
Anchor
02 Dec 2025
✓ Done
IPO Open
03 Dec 2025
✓ Done
IPO Close
05 Dec 2025
✓ Done
Allotment
08 Dec 2025
✓ Done
Refunds
09 Dec 2025
✓ Done
Demat Credit
09 Dec 2025
✓ Done
Listing Day
10 Dec 2025
✓ Done
Aequs Ltd. — Live Price LIVE
₹124.00
INR · BSE
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Issue ₹124.00 Live Price
About Aequs Ltd.
Incorporated in 2000, Aequs Ltd. is engaged in manufacturing and operating a special economic zone in India to offer fully vertically integrated manufacturing capabilities in the Aerospace Segment.The company's diverse product portfolio includes components for engine systems, landing systems, cargo and interiors, structures, assemblies and turning for the aerospace clients.The company primarily operate in the Aerospace Segment, over the years, they have expanded their product portfolio to include consumer electronics, plastics, and consumer durables for their consumer clients.As of September 30, 2025, the company produced over 5,000 products within the Aerospace Segment under a variety of manufacturing and assembly programs established with their aerospace customers, including programs for single aisle (such as A220, A320, B737) and long range (A330, A350, B777, B787) commercial aircrafts.Product Portfolio:Structures: Bracket, corner fitting, cable quadrant, triangular bracket, wing flap support, coupling, gearbox bracket, floorboard, latch assembly, bracket structureInteriors and cargo: Power distribution unit tray, side panel, pawls, base, pan-seat, beam-back support, panel-side top, seat stay, outer pawl, housing left, bracket offsetLanding systems: Main landing gear, main fitting, bracket assembly, front panel, front assembly uplock, rim, half wheel, main fitting assembly.Actuation Systems: Housing, manifold, mounting foot, mounting flange, actuator piston, housing, jack head, radarboxAs of September 30, 2025, the company had 1,892 full-time employees, 1,834 employees on a contractual basis, 55 trainees, 432 apprentices and 325 fixed term employees.Competitive Strengths:Advanced and vertically integrated precision manufacturing capabilitiesOperations in unique, engineering-led vertically-integrated precision manufacturing ecosystemsManufacturing presence across three continents with strategic proximity to end customersComprehensive precision product portfolio across high value segmentsLong-standing relationships with high entry barrier global customersFounder-led business supported by an experienced management team and a qualified employee base
Objects of the Issue
1
Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable, availed by:
2
The Company
3
three of the wholly-owned Subsidiaries, through investment in the below Subsidiaries
4
AeroStructures Manufacturing India Private Limited
5
Aequs Consumer Products Private Limited
6
Aequs Engineered Plastics Private Limited
7
Funding capital expenditure to be incurred on account of purchase of machinery and equipment by:
8
Company
9
one of the wholly-owned Subsidiaries, AeroStructures Manufacturing India Private Limited, through investment in such Subsidiary
10
Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes
Aequs Ltd. Financials (Amount in ₹ Crore)
Revenue from Operations
₹475.5
30 Sep 2024
₹959.2
31 Mar 2025
₹565.6
30 Sep 2025
Profit After Tax (PAT)
-₹71.7
30 Sep 2024
-₹102.4
31 Mar 2025
-₹17.0
30 Sep 2025
Particulars30 Sep 202531 Mar 202530 Sep 2024
Revenue from Operations 565.55 959.21 475.51
EBITDA 84.11 107.97 57.82
Profit After Tax (PAT) -16.98 -102.35 -71.70
Net Worth 796.04 707.53 731.65
Total Assets 2134.35 1859.84 1863.50
Reserves & Surplus 200.43 135.09 -90.83
Borrowings 533.51 437.06 384.79
EBITDA Margin (%) 11.68%
PAT Margin (%) -11.07%
P/BV Ratio
9.94
RoE
-14.30
RoCE
0.87
RoNW
-14.47
PAT Margin
-11.07%
EBITDA Margin
11.68%
Debt/Equity
0.99
Issue Structure & Shareholding
Total Shares Offered7,43,55,351 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding61,66,17,677 shares
Post-Issue Promoter Holding67,06,49,935 shares
P/BV Ratio9.94
RoE-14.30
RoCE0.87
Debt / Equity0.99
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
JM Financial Ltd.
IIFL Capital Services Ltd
Kotak Mahindra Capital Co.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Aequs Ltd. IPO subscribed?

Aequs Ltd. IPO is subscribed 1.00 times by Dec 05, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Aequs Ltd. IPO retail subscription status?

The Aequs Ltd. IPO retail category is subscribed 1.00 times as of 05 Dec 2025. The retail portion is oversubscribed.

How to subscribe Aequs Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 03 Dec 2025 and closes 05 Dec 2025. Min investment: ₹14,880 (1 lot = 120 shares). UPI mandate: 2025-12-05.

How many times Aequs Ltd. IPO subscribed?

The Aequs Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Aequs Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 08 Dec 2025. Refunds: on 09 Dec 2025.

When Aequs Ltd. IPO will be listed?

The Aequs Ltd. IPO listing date is 10 Dec 2025, Wednesday. Listed on: NSE & BSE. Issue price: ₹124. Estimated listing: ₹124. GMP: NIL.

When Aequs Ltd. IPO close?

The Aequs Ltd. IPO closes on 05 Dec 2025, Friday. UPI mandate: 2025-12-05. Allotment: 08 Dec 2025. Listing: 10 Dec 2025.