IPO Analysis > Aequs IPO
Apply IPO

Aequs IPO GMP jumps 21% ahead of launch ... 

Decode The Aequs IPO Before The Bell Rings

With an average salary of USD 23,685.23, India leads in cost competitiveness compared to several manufacturing destinations. Furthermore, various government schemes incentivise manufacturing in India. Amidst these trends, the Aequs IPO is gearing up for the capital markets.


Institutes like JM Financial, Kotak Mahindra Capital and IIFL Capital Services will manage the Aequs IPO. Additionally, KFin Technologies is entrusted as the registrar of the Aequs issue. View the Aequs share allotment status.


For more information about the Aequs share price, size, date, and more, view the Aequs IPO DRHP and RHP.


Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Aequs Company Profile


Particulars

Descriptions

Incorporation

2000

Registered Office

Bengaluru, Karnataka

Business

A precision component manufacturer integrated vertically with capabilities in the consumer and aerospace segments.

Promoters

Aravind Shivaputrappa Melligeri and others

Competitors

Azad Engineering, Amber Enterprises, Dixon Technologies, etc.


The Ultimate Aequs IPO Review

Explore the Aequs IPO price, size, timeline, key financials and more in this detailed guide.

  • Aequs IPO Date


Events

Date

IPO Opening

3 December 2025

IPO Closing

5 December 2025

UPI Mandate Ends

5 December 2025 (5 PM)

Allotment

8 December 2025

Initiation of Refunds

9 December 2025

Shares Credited to Demat Account

9 December 2025

Listing

10 December 2025


  • Aequs IPO Size


Particulars

Shares

Aggregate Value (₹ Crore)

Fresh Issue 

54,032,258

670.00

Offer for Sale

20,307,393

251.81

Overall Issue 

74,339,651

921.81


  • Aequs IPO Objectives


Particulars

Amount (₹ million)

Debt repayment or pre-payment

4,331.67

Capital expenditure for machinery purchase

640.02

Funding inorganic growth

Undisclosed


Note: The above deployment of net proceeds is further classified in the offer documents.

  • Other Takeaways


Particulars

Description

Face value (₹)

10

Price Range (₹)

118 to 124

Lot size (shares)

120

Listed At 

BSE and NSE


  • Investors Categorisation


Investor

Allotment

QIBs

Minimum 75% of the issue

NIB

Maximum 15% of the issue

RIB

Maximum 10% of the issue


  • Anchor Investor


Particulars

Description

Opening Date

2 December 2025

Terms of Payment  

Full Payment on Bid


Key Financials


Particulars

2025

2024

2023

Revenue from Operations (₹ millions)

9,246.06

9,650.74

8,121.32

ROCE (%)

0.87

2.84

(3.72)

EBITDA (₹ millions)

1,079.69

1,455.10

630.56

EBITDA Margin (%)

11.68

15.08

7.76

Net Debt to Equity Ratio (times)

0.99

0.55

2.54

PAT Margin (%)

(11.07)

(1.48)

(13.48)

ROE (%)

(14.30)

(1.49)

(40.68)


Strengths and Risks

Discussed below are the key strengths and risks of the Aequs IPO.


Strengths

  • Manufacturing Capacity: The company has advanced, vertically integrated, precision manufacturing capacity.

  • Strategic Presence: The company has its presence across three continents, with strategic proximity to the end customers.

  • Portfolio: The company has a comprehensive precision portfolio that includes various high-value segments.

  • Customers and Market: The company has maintained long-standing relationships with its customers in a market with a high entry barrier.


Risks

  • Revenue Concentration: Since a significant chunk of the net external revenue comes from the aerospace segment, a fall in demand there can impact revenue.

  • Customer Dependence: The top ten customers of the business constitute most of its revenue in different fiscal years.

  • Contractual Orders: The OEM customer groups place orders based on requirements, resulting in no fixed quantities or timeframe.

  • Capital Expenditure: The business requires significant capital expenditure to maintain its production equipment and its efficiency.

Apply for or Avoid the Aequs IPO?

The Aequs IPO GMP is ₹32 as of 28 November 2025. However, GMP can often change. Therefore, don’t forget to check the latest GMP trend to gauge market reaction to the IPO. Moreover, the offer documents can help you decode the nuances of the Aequs IPO.

Check the live subscription status before you decide to Apply Now.

FAQs

1. What is the Aequs IPO GMP?

The Aequs IPO GMP is ₹32 as of 28 November 2025. For the latest sentiment, you can look for the GMP updates online through FinnPick.

2. What is the Aequs IPO date?

The Aequs IPO opens on 3 December 2025 and closes on 5 December 2025. You can monitor live subscription details in real time.

3. What is the Aequs IPO price? 

The overall size of the Aequs IPO is ₹921.81 Crores. Moreover, the price range of the issue is between ₹118 and ₹124.

4. Do I need a demat account to bid for the Aequs IPO?

A demat account is necessary for any stock market investing, including the Aequs IPO. Click here to get the ultimate list of the top demat account providers.
AngelOne

Invest Smarter wit Angel One

  • AI-Powered Trading Recommendations
  • Zero Account Opening Charges
  • Quick & Easy Onboarding
AngelOne

Join India’s Leading Broker

  • Zero Brokerage on Investments
  • Smooth & Secure Trading Experience
  • Advanced Charting & Insights
AngelOne

Create Your Demat Account

  • Zero Account Opening Charges
  • Hassle Free Setup
  • Market Insights

Choose Your Trusted Broker

Compare top brokers and find the one that fits your goals.