Aequs Share Price, IPO Listing, GMP Live Updates: The stock of Aequs will start trading for the first time on the bourses today, December 10. The GMP of the company is on a downtrend, falling to 19% from 37.5% it was seeing on December 02.
| 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 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 closed on December 05. 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. The allotment of shares was finalised on December 08.
Aequs IPO: Book runner and registrar
JM Financial is the book-running lead manager for the IPO, and Kfin Technologies is the registrar of the issue.
Aequs Share Price, IPO Listing LIVE: Check here Live Coverage on Aequs IPO Listing, GMP, Share Price, Price Band, Review
Aequs Share Price, IPO Listing, GMP Live: Business model and sector focus
Aequs operates in precision engineering and contract manufacturing, offering services to clients in aerospace, industrial segments, and healthcare manufacturing. Its performance closely tracks global demand for aerospace and high-precision components.