Aequs IPO: Tomorrow’s Listing on BSE & NSE
Are you prepared for the next major launch on Dalal Street? The Aequs IPO has settled its allotment issue, and December 10, when the stock will finally be listed on BSE and NSE, is the day that everyone is waiting for. If you put in your application, today is the decisive day, demat accounts will start receiving shares, and if luck was not on your side, refunds have been initiated back to you.
The IPO was open from December 3 to December 5, and retail investors remained optimistic till the end of the offer period. Allotments were completed on December 8, and now investors are constantly checking their apps, waiting to see the performance of Aequs on listing day as if it is a game. Will it rise high above expectations or remain like a cautious plane waiting on the runway?
Hold tight, investors, Aequs’ arrival in the market is likely to ignite the already eventful trading week.
Aequs IPO: Key Details
| Category | Details |
|---|---|
| Overall Subscription | 104.30 times |
| Retail Investors | 81.03 times |
| Non-Institutional Investors (NII) | 83.61 times |
| Qualified Institutional Buyers (QIB) | 122.93 times |
| Total Bids Received | 427.19 crore |
| Shares on Offer | 4.09 crore |
| Subscription Pace | Day 1 – 0.68 times, Day 2 – 0.75 times, accelerated sharply afterward |
| Issue Size | ₹921.81 crore |
| Fresh Issue | ₹670 crore (5.40 crore shares) |
| Offer for Sale (OFS) | ₹251.81 crore (2.03 crore shares) |
| Price Band | ₹118–₹124 per share |
| Lot Size | 120 shares (Minimum investment: ₹14,880 at upper band) |
| Use of Funds | Repayment of borrowings, purchase of machinery & equipment, potential acquisitions, strategic initiatives, general corporate purposes |
| Book Running Lead Managers | JM Financial, IIFL Capital Services, Kotak Mahindra Capital |
| Registrar | KFin Technologies |
Aequs IPO GMP Today
- Investor sentiment remains upbeat ahead of the listing.
- As of December 9, the Aequs grey market premium (GMP) stands at ₹34, slightly lower than the previous session’s ₹37.
- Based on the latest GMP, the stock is expected to list around ₹158, implying a 27.84% premium over the upper IPO price of ₹124.
- The GMP reflects the additional amount investors are willing to pay above the official issue price.
About Aequs: Should You Consider Investing?
Although Aequs is primarily recognized for its impressive manufacturing capabilities in the aerospace sector, the company has also made its way into consumer electronics, plastics, and durable goods. Among others, its consumer products division is into the production of cookware and home appliances, while the plastics unit is engaged in the manufacture of outdoor toys, figurines, toy vehicles, laptop components, and smart device parts.
Long-term investors often ask the question of whether or not investing in a company will actually create value over time. Smart investors do not simply chase after the publicity of IPOs, they evaluate fundamentals, growth potential, and diversification strategy. Aequs’ vertical and horizontal expansion across different industrial sectors is a signal of ambition, although it may also imply the existence of execution risks.
On the one hand, the strong subscription figures and the encouraging grey market premium are indicators of high short-term demand. On the other hand, long-term revenues will depend on the company’s ability to scale up production without losing quality, and also on effective marketing of both aerospace and consumer product markets.
To sum up, Aequs has the potential to be a very attractive option for patient, knowledgeable investors, but you should not enter the market without carrying out your own research, as this is never a good strategy.
(With Inputs)
Also Read: Aequs IPO Allotment Today: Big Listing Buzz Ahead On December…
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