AEQUS LIMITED
₹ 118 - ₹ 124
03-Dec-2025 - 05-Dec-2025
₹ 14880.00

/ 120 Shares

AEQUS LIMITED

03-Dec-2025 - 05-Dec-2025

₹ 118 - ₹ 124

Price Band

₹ 14880.00

Minimum Investment

120

Bid Lot

74,178,361

Shares
  • Face Value - ₹ 10/- Per Share

  • Listing at BSE, NSE

  • 61,815 Application Required in Retail for 1 Time.

  • Registrar : KFin Technologies Limited

IPO Details

Category % Shares/Amount
QIB 75% 55,633,772 Shares RS.689.86 CR
HNI 1 5% 3,708,918 Shares RS.45.99 CR @ 2208 FORM 1X
HNI 2 10% 7,117,836 Shares RS.91.98 CR @ 4415 FORM 1X
Retail 10% 7,417,835 Shares RS.91.98 CR @ 61815 FORM 1X

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
61815 FORM 1X 2208 FORM 1X 4415 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 120 ₹ 14,880
Retail (Upto 2 Lakh) 13 1560 ₹ 193,440
S-HNI (2 Lakh to 10 Lakh) 14 1680 ₹ 208,320
S-HNI (2 Lakh to 10 Lakh) 67 8040 ₹ 996,960
B-HNI (Above 10 Lakh) 68 8160 ₹ 1,011,840

IPO Timeline

  • Open Date

    03-Dec-2025
  • Close Date

    05-Dec-2025
  • Basis of Allotment Date

    08-Dec-2025
  • Initiation of Refunds

    09-Dec-2025
  • Credit Shares to Demat A/c

    09-Dec-2025
  • IPO Listing Date

    10-Dec-2025

Subscription as on
05-Dec-2025 17:12

Category Book Size Subscription No. of Times
QIB 22,253,509 ₹ 275.94 Cr. 2,734,134,360 ₹ 33903.27 Cr. 122.86x
HNI (<10 LAKH) 3,708,918 ₹ 45.99 Cr. 337,917,720 ₹ 4190.18 Cr. 91.11x
HNI2 (>10 LAKH) 7,117,836 ₹ 88.26 Cr. 592,248,480 ₹ 7343.88 Cr. 83.21x
RETAIL 7,417,835 ₹ 91.98 Cr. 600,313,920 ₹ 7443.89 Cr. 80.93x
Total 40,498,098 4,264,614,480 105.30x
Category Book Size Subscription No. of Times
QIB 22,253,509 ₹ 275.94 Cr. 2,734,134,360 ₹ 33903.27 Cr. 122.86x
HNI (<10 LAKH) 3,708,918 ₹ 45.99 Cr. 337,917,720 ₹ 4190.18 Cr. 91.11x
HNI2 (>10 LAKH) 7,117,836 ₹ 88.26 Cr. 592,248,480 ₹ 7343.88 Cr. 83.21x
RETAIL 7,417,835 ₹ 91.98 Cr. 600,313,920 ₹ 7443.89 Cr. 80.93x
Total 40,498,098 4,264,614,480 105.30x

*Excluding Anchor

Total No. of Application Approx : ~4218775 (68.25 Appwise)

Appwise Subscription
Category Total App App wise
HNIBT 190997.10 2208 (For 1x) 86.50x
HNIAT 70175.41 4415 (For 1x) 15.89x
RETAIL 4208567.00 61815 (For 1x) 68.08x

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

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 structure
  • Interiors 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 offset
  • Landing 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, radarbox

As 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.

Read More

Strengths

  • Advanced and vertically integrated precision manufacturing capabilities
  • Operations in unique, engineering-led vertically-integrated precision manufacturing ecosystems
  • Manufacturing presence across three continents with strategic proximity to end customers
  • Comprehensive precision product portfolio across high value segments
  • Long-standing relationships with high entry barrier global customers
  • Founder-led business supported by an experienced management team and a qualified employee base

Company Promoters

Company Financials

Period Ended 30 Sep 2025 31 Mar 2025 30 Sep 2024 31 Mar 2024 31 Mar 2023
Assets 2,134.35 1,859.84 1,863.50 1,822.98 1,321.69
Total Income 565.55 959.21 475.51 988.30 840.54
Profit After Tax -16.98 -102.35 -71.70 -14.24 -109.50
EBITDA 84.11 107.97 57.82 145.51 63.06
NET Worth 796.04 707.53 731.65 807.17 251.91
Reserves and Surplus 200.43 135.09 -90.83 -15.31 -146.15
Total Borrowing 533.51 437.06 384.79 291.88 346.14
Amount in ? Crore

Objects of the Issue

The Company Aequs IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (? in crores)
1 Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable, availed by: 433.17
2 The Company 17.55
3 three of the wholly-owned Subsidiaries, through investment in the below Subsidiaries 415.62
4 AeroStructures Manufacturing India Private Limited 174.82
5 Aequs Consumer Products Private Limited 231.16
6 Aequs Engineered Plastics Private Limited 9.63
7 Funding capital expenditure to be incurred on account of purchase of machinery and equipment by: 64.00
8 Company 8.11
9 one of the wholly-owned Subsidiaries, AeroStructures Manufacturing India Private Limited, through investment in such Subsidiary 55.89
10 Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes  

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to Us.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with Us, in just a few clicks your application is processed. You can bid for any IPO through Us, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

Check Allotment