Price Band
₹118 - ₹124
Lot Size
120
Issue Size
₹921.81 Cr
GMP
+₹44
↑ ₹2 today
Subscription
104.30x
Analyzing...
IPO Schedule
1
Open
3 Dec 2025
2
Close
5 Dec 2025
3
Allotment
8 Dec 2025
4
Listing
10 Dec 2025
About Aequs Ltd
Aequs Ltd is a precision engineering company specializing in aerospace component manufacturing, surface treatment, and assembly. They also operate in the oil & gas, automotive, and general engineering sectors, providing vertically integrated manufacturing solutions.
Key Strengths
- Diversified revenue streams across multiple high-growth industries.
- Integrated manufacturing capabilities providing end-to-end solutions.
- Long-standing relationships with key global customers in the aerospace sector.
- Strategic location in a Special Economic Zone (SEZ) offering tax benefits and infrastructure advantages.
- Focus on technological innovation and process improvements enhancing efficiency.
Risk Factors
- •Negative Return on Equity (ROE) and Price-to-Earnings (P/E) ratio indicating current profitability concerns.
- •High dependence on the aerospace industry, making it vulnerable to cyclical downturns in that sector.
- •Intense competition from established players with greater financial resources.
Valuation Analysis
Given the negative ROE and P/E, the IPO valuation appears aggressive and warrants careful consideration of future growth prospects and risk factors.
IPO Details
ExchangeNSE
SegmentMAINBOARD
ISININE947N01017
NSE SymbolAEQUS
Face Value₹10
Lot Size120
Issue Size₹921.81 Cr
Key Metrics
ROE-14.30
ROCE0.87
P/E Ratio-74.71
Industry P/E20
EPS-1.66
PAT Margin-11.07%
Debt/Equity0.99
Growth & Quality
Revenue Growth (YoY)18.7%
ProfitableNo ✗
Anchor Investors58
Subscription
Total3.56x
Imbalance Ratio1.6x
Documents
Registrar
KFin Techologies Ltd
Key Dates
Open Date3 Dec 2025
Close Date5 Dec 2025
Allotment8 Dec 2025
Listing10 Dec 2025