On December 10, 2025, Aequs shares were listed on the stock market at ₹140 per share on the NSE, a 12.9% premium to its IPO price of ₹124. With this debut, the company opened at an estimated market capitalisation of nearly ₹9,400 crore.
The listing followed a highly successful ₹922-crore public issue, which drew exceptional investor interest. During the subscription window from December 3 to 5, the IPO was oversubscribed almost 102 times, reflecting strong demand across categories.
The IPO was subscribed 101.63 times overall. The QIB segment led the charge with 120.92× subscription, followed by NIIs at 80.62× and retail investors at 78.05×, according to NSE data.
Aequs’ ₹921.81-crore book-built issue included a fresh sale of 54 million shares worth ₹670 crore and an OFS component of 20.3 million shares aggregating ₹251.81 crore. The issue was open from Wednesday, December 2, 2025, to Friday, December 5, 2025. JM Financial, IIFL Capital Services, and Kotak Mahindra Capital served as the lead managers, with KFin Technologies acting as registrar.
The company intends to channel the IPO proceeds toward strengthening its balance sheet and expanding operations. Approximately ₹433.17 crore will go toward loan repayment or prepayment. Another ₹415.62 crore will be invested in three wholly owned subsidiaries:
Additionally, ₹64 crore has been earmarked for purchasing new machinery and equipment, including ₹8.11 crore for the parent entity and ₹55.89 crore for AeroStructures Manufacturing India. Remaining funds will support strategic initiatives, inorganic opportunities, and general corporate purposes.
Also Read: Fertiliser Stocks in Focus as Government Cancels Over 5,300 Licences for Regulatory Breaches
Established in 2000, Aequs Ltd. is a key manufacturer of aerospace components and operates a specialised SEZ offering end-to-end production capabilities. While aerospace remains its backbone, the company has expanded into consumer electronics, plastics, and broader consumer durable segments.
As of September 30, 2025, Aequs produced more than 5,000 aerospace components across major aircraft programs, including the A220, A320, B737, A330, A350, B777, and B787.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Dec 10, 2025, 10:28 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
