Aequs Ltd, a leading precision engineering and aerospace components manufacturer, has launched its Initial Public Offering (IPO). The company works closely with global aircraft manufacturers and also produces components for consumer durable brands and industrial applications. With the aerospace sector expanding and India becoming a major engineering hub, the Aequs IPO has gained strong interest from investors.
This article covers the Aequs IPO date, price band, GMP, strengths, risks, subscription trends, and overall analysis.
Aequs IPO Key Details
- IPO Open Date: 3 December 2025
- IPO Close Date: 5 December 2025
- Price Band: ₹118 – ₹124 per share
- Lot Size: 120 shares
- Minimum Investment (Retail): Approximately ₹14,160 – ₹14,880
- Total Issue Size: Around ₹921 crore
- Fresh Issue: Around ₹670 crore
- Offer for Sale (OFS): Around ₹251 crore
- Allotment Date (Expected): 8 December 2025
- Listing Date (Expected): 10 December 2025
- Exchanges: BSE and NSE
This issue includes both new shares and an offer for sale, which will help the company raise funds for expansion and also give some existing investors an opportunity to partially exit.
Aequs IPO GMP (Grey Market Premium)
Before the Aequs Ltd. IPO (Aequs IPO) opened, Aequs’s grey market premium (GMP) was reported to be between ₹40 and ₹47 per share. Based on this, the Aequs IPO listing price was expected to be between ₹160 and ₹170 per share, potentially resulting in a listing gain of 30 to 35 percent.
However, the GMP is unofficial and should not be treated as a guarantee of actual listing performance.
Aequs Ltd. IPO – Company Overview
Aequs is known for its advanced manufacturing capabilities, particularly in the aerospace sector. The company manufactures the following:
- Aircraft structural parts
- Precision machined components
- Aerostructure assemblies
- Engine parts
- Metal and plastic components for consumer durable brands
Aequs operates multiple facilities and it is a part of a growing aerospace manufacturing ecosystem in India.
Purpose of Aequs IPO
Company Aequs plans to use the money raised from the IPO for the following purposes:
- Expansion of manufacturing capacity
- Purchase of advanced machinery and technology
- Working capital requirements
- Debt repayment
- General corporate purposes
This demonstrates a long-term vision that focuses on expanding operations and increasing competitiveness in the global market.
Aequs IPO Strengths
1. Strong Position in Aerospace Manufacturing:
- Aequs is one of the few Indian companies with end-to-end aerospace manufacturing capabilities, giving it a competitive advantage.
2. Established Global Client Base
- The company works with major global aerospace firms, ensuring stable revenue opportunities.
3. Vertically Integrated Production
- In-house capabilities ranging from forging to machining and final assembly improve quality and reduce operational costs.
4. Rising Demand in Aerospace
- With the increase in aircraft production worldwide, Aequs has a great opportunity to capitalize on the higher demand for precision components.
5. Diversified Operations
- In addition to aerospace, the company also serves the consumer durables and industrial sectors, which reduces its dependence on any single market.
Aequs IPO Risks
1. High Capital Requirements
- The aerospace sector requires heavy investment, which increases debt and financial pressure.
2. Revenue Dependence on Key Clients
- A significant portion of revenue comes from a few large customers, which can be a risk if orders slow down.
3. Industry Cyclicality
- Aerospace demand is linked to global economic conditions, and any slowdown may impact revenue.
4. Profitability Concerns
- The company may face pressure on short-term profitability due to expansion and higher operational costs.
5. Unreliable GMP
- The grey market premium can fluctuate rapidly, so investors should not rely solely on it.
Aequs IPO Review and Analysis
The Aequs IPO has generated considerable interest because of the increasing demand in the aerospace sector, India’s growing manufacturing capabilities, and the company’s integrated operations. Many analysts consider the pricing reasonable, and the initial subscription figures have been positive.
This IPO may particularly suit:
- Long-term investors who believe in the growth of aerospace and precision engineering
- Investors with moderate-to-high risk tolerance
Short-term investors can hope for listing gains, but the results are not guaranteed.
Should You Apply for the Aequs IPO?
- For listing gains: Possible, depending on demand and market conditions
- For long-term investment: Suitable due to strong sector prospects
- Avoid if you prefer low-risk stocks or stable cash flows
Overall, Aequs’s IPO presents a good opportunity for long-term investors. The company’s strong client base, sector growth, and expansion plans point to promising future prospects, but the risks associated with capital intensity and market cycles should also be considered.
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