Aequs IPO Analyzed

The initial public offering (IPO) for Aequs, a company that makes parts for airplanes, is ending today. Investors have shown a huge interest, wanting to buy shares. The IPO started on Wednesday, December 3, 2025, and so far, it’s been oversubscribed by more than 28 times.

Key Points

• Strong investor demand: IPO oversubscribed 28.48 times.
• Retail investors led demand, subscribed 56.62 times.
• Non-Institutional Investors subscribed 52.38 times.
• Qualified Institutional Buyers subscribed 6.73 times.
• Grey market premium: Unlisted shares trading at ₹170.5 (37.5% premium).
• IPO closing today; allotment likely on Monday, shares listed Dec 10.

Investors put in bids for 1.19 billion shares, even though the company only offered 42.02 million shares. This means many people wanted to own shares in Aequs. Retail investors were the biggest group wanting to buy shares, with their portion subscribed by 56.62 times.

Non-institutional investors also showed strong interest, subscribing their portion by 52.38 times. However, those who are large, professional investors called Qualified Institutional Buyers (QIBs) were less interested, subscribing only 6.73 times. The stock market is watching this closely.

In the grey market – where shares trade before they’re officially listed – the price of Aequs shares was estimated at ₹170.5, representing a 37.5% premium. This shows investors believe the shares will go up in value.

The Aequs IPO raised ₹921.8 crore. The company is using the money to pay off debts, invest in new parts-making businesses, and buy new equipment. They plan to use ₹433.17 crore for paying debts, ₹415.62 crore for new companies, and ₹64 crore for new machines.

Shares of Aequs will start trading on the stock market on December 10th, listed on both the BSE and NSE. The company will announce who gets to own shares (allotment) on Monday, December 8th, and those who get shares will receive them by December 9th.

Investing in IPOs carries risk, careful analysis is crucial for success.