The Initial Public Offer to open on Wednesday, December 03, 2025; The Floor Price is 11.80 times and the Cap Price is 12.40 times of the face value (Rs10 per share) of the Equity Shares.
FinTech BizNews Service
Mumbai, November 28, 2025: Aequs Limited (The “Company”), shall open the Bid/Offer in relation to its initial public offer of Equity Shares on Wednesday, December 03, 2025.
Mr. Aravind S. Melligeri, Executive Chairman and Chief Executive Officer; Aequs
The Price Band of the Offer has been fixed at Rs118 to Rs124 per Equity Share. (“Price Band”).
Bids can be made for a minimum of 120 Equity Shares and in multiples of 120 Equity Shares thereafter. (“Minimum Bid Lot”)
The initial public offer of Equity Shares of face value Rs10 per share (“Total Offer Size”) comprises a fresh issue of equity shares aggregating up to Rs6,700 million (Rs670 crores) and an offer for sale of up to 2,03,07,393 equity shares of face value of Rs10 each.
The Anchor Investor Bid/ Offer Period shall be Tuesday, December 02, 2025. The Bid/Offer shall open on Wednesday, December 03, 2025 and close on Friday, December 05, 2025.
Aequs Limited is the only precision component manufacturer operating within a single special economic zone in India to offer fully vertically integrated manufacturing capabilities in the Aerospace Segment, which sets the Company apart from other contract manufacturers with selective manufacturing capabilities amongst its peers (Source: F&S Report). Aequs Limited had one of the largest portfolios of aerospace products in India, as of March 31, 2025 (Source: F&S Report).
While the Company primarily operates in the Aerospace Segment, over the years, it has expanded its product portfolio to include consumer electronics, plastics, and consumer durables for its consumer clients. The Company’s diverse consumer product portfolio includes consumer durables such as cookware and small home appliances, plastics such as outdoor toys, figurines, toy vehicles and components for consumer electronics such as portable computers and smart devices.
The Equity Shares offered through this Red Herring Prospectus are proposed to be listed on the Stock Exchanges being BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” and together with BSE, the “Stock Exchanges”). For the purposes of the Offer, NSE is the Designated Stock Exchange.
JM Financial Limited, IIFL Capital Services Limited and Kotak Mahindra Capital Company Limited are the book running lead managers to the Offer ("BRLMs").
Aequs Limited’s key clients include Airbus, Boeing, Bombardier, Collins Aerospace, Spirit Aerosystems Inc, Safran, GKN Aerospace, Mubea Aerostructures, Honeywell, Eaton and Sabca in the Aerospace Segment, and Hasbro, Spinmaster, Wonderchef, and Tramontina in the Consumer Segment.
