Categories: Business

Aequs Ltd IPO 2025: Subscription Soars, GMP Hits ₹45.5, Aerospace Precision Leader Goes Public

Aequs Ltd IPO opens 3–5 Dec 2025, priced ₹118–₹124. Strong Day 1 subscription, 37% GMP, debt repayment, capital expenditure, and acquisitions planned. India’s only fully integrated aerospace precision manufacturer.

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Published by Aishwarya Samant
Published: December 4, 2025 09:32:43 IST

Aequs Ltd IPO: Aequs Ltd, which is India’s sole precision component maker operating at a single Special Economic Zone, has started its IPO on December 3, 2025, closing on December 5.

The IPO price range is set at ₹118–₹124 per share with a total issue size of ₹921.81 crore, which consists of a fresh issue of ₹670 crore and an offer for sale of ₹251.81 crore.

The company intends the proceeds for debt repayment, capital expenditures, and strategic acquisitions while being listed on both BSE and NSE. The initial market reaction was positive, with Day 1 subscription already reaching 3.42 times the offer.

Aequs Ltd IPO – Key Details 

Category Details
IPO Opening Date 3 Dec 2025
IPO Closing Date 5 Dec 2025
Likely Allotment Date 8 Dec 2025
Likely Listing Date 10 Dec 2025
Price Band ₹118 – ₹124 per share
Total Issue Size ₹921.81 crore
Fresh Issue 5.40 crore shares (~₹670 crore)
Offer for Sale (OFS) 2.03 crore shares (~₹251.81 crore)
Listing BSE & NSE
Book Running Lead Manager JM Financial Ltd.
Registrar Kfin Technologies Ltd.
Fund Utilisation:
IPO Subscription Status (Day 1):
  • Total subscription: 3.42x

  • Retail investors: 11.46x

  • Non-Institutional Investors: 3.40x

  • Qualified Institutional Buyers (QIB): 66%

Aequs Ltd IPO: Grey Market Premium (GMP)

    The Grey Market Premium (GMP) for Aequs Ltd shares is currently ₹45.5 per share, implying a market price of approximately ₹169.5. This reflects a premium of around 37% over the IPO issue price, indicating strong investor demand and positive market sentiment ahead of the official listing.

    Aequs Ltd: India’s Only Fully Integrated Aerospace Precision Manufacturer

    Introducing Aequs Ltd, a unique Indian company which is the only one to produce precision components through one Special Economic Zone. This company can be considered a complete factory for the aerospace industry, its operations are fully integrated encompassing all aspects from raw materials to finished products.
    The aerospace sector is experiencing a strong and steady growth; however, the consumer and strategic segments witnessed a minor dip in the fiscal year 2025. Nevertheless, this should not be a cause of concern, every successful flight has its little hurdles! Aequs with its state-of-the-art technology, international customers, and a strong supply chain is gradually establishing itself as a provider of quality along with high efficiency.
    (With Inputs)

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