Aequs IPO Allotment, GMP LIVE Updates: Investors await share allotment results for the Aequs IPO today. Here’s the latest on allotment status, refund process, Demat credit, GMP trends, and expected listing date.
| Aequs IPO | Key Details |
| Price Band | Rs 118-124 per share |
| IPO Date | December 3-5 |
| GMP | 37% |
| IPO Allotment date | December 8 |
| Listing date | December 10 |
The GMP of Aequs stood at 30%, which has declined from 37.5% it was fetching on December 02. The company kept the IPO price band between Rs 118 to Rs 124 per equity share. The company raised Rs 921.81 crores from investors. The issue is a combination of 5.40 crore fresh shares of Rs 670 crores and an offer for sale of 2.03 crore shares amounting to Rs 251.81 crores.
Aequs IPO: key details
The IPO opened for subscription on December 03 and will close on December 05. The issue will be listed on the bourses, NSE and BSE, on December 10, as per the tentative schedule. The issue included a reservation of up to 1,76,991 shares for employees offered at a discount of Rs 11 to the issue price.
Aequs IPO: Book runner and registrar
JM Financial is the book-running lead manager for the IPO of Aequs, and Kfin Technologies is the registrar of the issue.
Aequs IPO Allotment LIVE: Check allotment status, refund details, GMP today, listing date, and price band
Aequs IPO Allotment, GMP, Listing LIVE Updates: Price band
Aequs kept the IPO price band between Rs 118 to Rs 124 per equity share. The company raised Rs 921.81 crores from investors.
Aequs IPO Allotment, GMP, Listing LIVE Updates: Lead manager
JM Financial is the book-running lead manager for the IPO of Aequs,.
Aequs IPO Allotment, GMP, Listing LIVE Updates: Quality control
Aequs’ quality control infrastructure, including inspection equipment such as coordinate measuring machines, optical measuring machines and non-destructive testing equipment, supports precise validation of product specifications. In addition, the company’s manufacturing facilities are periodically inspected and audited by regulatory authorities and customers.
Aequs IPO Allotment, GMP, Listing LIVE Updates: Listing details
Aequs is set to make its market debut on December 10. Once listed, the company’s shares will start trading on both the NSE and BSE as part of regular market hours.
Aequs IPO Allotment, GMP, Listing LIVE Updates: Checking allotment status
- Go to the BSE IPO allotment status page.
-Select ‘Equity’ as the issue type.
-From the dropdown, choose Vidya Wires.
-Enter your application number or PAN.
-Complete the captcha by ticking ‘I’m not a robot’ and click on Search.
Aequs IPO Allotment, GMP, Listing LIVE Updates: Check IPO allotment status on NSE
Aequs IPO Allotment, GMP, Listing LIVE Updates: Check IPO allotment status on NSE
Via NSE Website
-Visit the NSE IPO application tracking page.
-Then, click on ‘Equity and SME IPO Bid Details’.
-Select ‘Vidya Wires’ from the list.
-Provide the details such as your application number and PAN.
-Submit to view your allotment status.
Aequs began producing aero-structure and aero-engine parts for aerospace customers in 2009 at its facilities in the Belagavi Manufacturing Cluster. Over the last 15 years, the company has steadily expanded by adding new manufacturing skills, broadening its product range, and growing its customer base across both its aerospace and consumer businesses.
Aequs IPO Allotment, GMP, Listing LIVE Updates: About Company
Aequs IPO Allotment, GMP, Listing LIVE Updates: About the company
Aequs began producing aero-structure and aero-engine parts for aerospace customers in 2009 at its facilities in the Belagavi Manufacturing Cluster. Over the last 15 years, the company has steadily expanded by adding new manufacturing skills, broadening its product range, and growing its customer base across both its aerospace and consumer businesses.
Aequs IPO Allotment, GMP, Listing LIVE Updates: AngelOne take on this IPO
Angel One in an IPO note said, “At the upper price band of Rs 124, Aequs is valued at 9.94× P/B as negative earnings make P/E irrelevant. The valuation reflects its integrated aerospace ecosystem, strong asset base and long cycle growth potential and a high barrier to entry business.”
Aequs IPO Allotment, GMP, Listing LIVE Updates: Listing details
Aequs is set to make its market debut on December 10. Once listed, the company’s shares will start trading on both the NSE and BSE as part of regular market hours.
"Aequs has embedded itself in the global commercial aircraft component ecosystem, an industry that has high entry barriers. Both the leading OEMs - Boeing and Airbus have a large order book for aircraft, which should translate into robust demand for components. The Aerospace segment is operationally profitable with a consistently improving EBITDA margin. The planned debt repayment from the IPO proceeds will result in substantial savings on interest cost, which should also result in the company turning profitable at the PAT level. At the upper price band of Rs 124, the stock is valued at 8.7x EV/Sales on post-issue capital. We recommend investors 'Subscribe' to the issue at the cut-off price," said SBI Securities in an IPO note.
Aequs IPO Allotment, GMP, Listing LIVE Updates: Anand Rathi Research on IPO valuation
"At the upper price band, the company is valued at 8.9x FY25 P/S, implying a post-issue market cap of Rs 83,161 million and an EV/EBITDA of 122.9x. It aims to deepen wallet share with existing aerospace customers by moving up the value chain while also broadening its customer base in the Aerospace Segment," said Anand Rathi Research in an IPO note.
Aequs IPO Allotment, GMP, Listing LIVE Updates: About the company
Aequs commenced manufacturing of aero-structure components and aero-engine components for aerospace clients in its units in the Belagavi Manufacturing Cluster in 2009. Over the past 15 years, the company has consistently grown its business by developing and acquiring new manufacturing capabilities, and diversifying its product portfolio and customer base across the Aerospace Segment and Consumer Segment.
Aequs IPO Allotment, GMP, Listing LIVE Updates: Check IPO allotment status on NSE
Via NSE Website
-Visit the NSE IPO application tracking page.
-Then, click on ‘Equity and SME IPO Bid Details’.
-Select ‘Vidya Wires’ from the list.
-Provide the details such as your application number and PAN.
-Submit to view your allotment status.
Aequs IPO Allotment, GMP, Listing LIVE Updates: How to check IPO allotment status
Via BSE Website
-Go to the BSE IPO allotment status page.
-Select ‘Equity’ as the issue type.
-From the dropdown, choose Vidya Wires.
-Enter your application number or PAN.
-Complete the captcha by ticking ‘I’m not a robot’ and click on Search.
Aequs IPO Allotment, GMP, Listing LIVE Updates: Quality inspection
Aequs' quality control infrastructure, including inspection equipment such as coordinate measuring machines, optical measuring machines and non-destructive testing equipment, supports precise validation of product specifications. In addition, the company's manufacturing facilities are periodically inspected and audited by regulatory authorities and customers.
Aequs IPO Allotment, GMP, Listing LIVE Updates: Stringent quality check
The combination of the Aequs' scale, vertically integrated manufacturing ecosystems, and qualified engineering talent enables the company to scale production while meeting contracted timelines with stringent quality and safety standards. This has also allowed the company to achieve 100% in-country value addition for select products. Aequs perform its own quality checks on suppliers by regularly monitoring and ensuring that the raw materials supplied to it meet its and its customers’ stringent quality standards.