DATE	GMP (GREY MARKET PREMIUM)	EXPECTED LISTING GAINS
05-Dec-2025	47	5640
04-Dec-2025	47	5640
03-Dec-2025	47	5640

Aequs IPO, a IPO of ₹921.81 Cr opens for subscription from December 3, 2025 to December 5, 2025. The IPO consists of ₹670.00 Cr fresh issue and ₹251.81 Cr offer for sale.

The face value of each share is 10, and the price band is set between 118.00-124.00 per share. The tentative listing date on the exchange (BSE, NSE) is December 10, 2025.

About Company – Aequs

Aequs is the only precision component manufacturer in a single special economic zone in India that offers fully vertically integrated production for the Aerospace Segment. Precision components are highly accurate parts made to exact specifications and supplied mainly to OEMs and system integrators. As of March 31, 2025, it is one of the largest aerospace product portfolios in India. Its aerospace products include parts for engines, landing systems, cargo and interiors, structures, and assemblies.
For the six months ended September 30, 2025, and for FY 2025, its Aerospace Segment revenue was ₹4,739.53 million and ₹8,246.41 million, respectively.

Its advanced manufacturing skills allow us to expand into new segments using existing capabilities. While aerospace is our core business, we also produce items for consumer electronics, plastics, and consumer durables, including cookware, small appliances, toys, figurines, toy vehicles, and components for computers and smart devices.

The company is among the few Indian manufacturers with specialized metallurgy skills, especially in machining high-end alloys like titanium for aerospace. It is also a leading company in a single SEZ offering end-to-end aerospace manufacturing (machining, forging, surface treatment, and assembly).

It operate through three engineering-led, vertically integrated manufacturing ecosystems in India, which include our company, suppliers, and joint ventures. These ecosystems help manufacture products to global aerospace standards. Companies like Airbus and Boeing prefer suppliers who provide a “one-stop-shop” solution because it improves quality, reduces costs and lead times, and lowers logistics needs.

As of September 30, 2025, it produced over 5,000 aerospace products across multiple aircraft programs, including A220, A320, B737, A330, A350, B777, and B787. The company maintain strict quality control by sourcing materials only from approved vendors and conducting thorough inspections at every stage of production. Its facilities hold major certifications such as ISO 9001:2015, AS9100D, and NADCAP and are regularly audited by regulators and customers.