Aequs Share Price, IPO Listing, GMP Highlights: The stock of Aequs is listed at a price of Rs 140 on the National Stock Exchange, a premium of 13% from the issue price. The stock is trading for the first time on the bourses today, December 10. The GMP of the company was 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 Highlights: Check here Live Coverage on Aequs IPO Listing, GMP, Share Price, Price Band, Review
Aequs Share Price, IPO Listing, GMP Live: Stock ended in green
Aequs shares extended their positive momentum and closed firmly in the green. On the BSE, the stock ended at Rs 151.50, up 8.21%, while on the NSE, it settled near Rs 150, gaining around 7.14%.
Aequs Share Price, IPO Listing, GMP Live: Strategic acquisition
In 2016, Aequs acquired the SIRA Group in France, adding machining, assembly, fabrication and testing capabilities, while strengthening proximity to European clients such as Safran and Collins Aerospace. Together, the company's geographic presence and advanced manufacturing capabilities enable them to operate as a competitive global platform serving a broad customer base across three continents, while supporting near-shoring of business processes in the U.S. and France.
In 2015, Aequs acquired T&K Machine (now Aequs Aero Machine Inc.) in Texas, which expanded its access to the North American aerospace market, bringing it closer to customers such as Boeing and Spirit, and provided a U.S. export-control–approved manufacturing and logistics hub.
Aequs Share Price, IPO Listing, GMP Live: Mehta Equities on IPO post listing
“Listing was well below our expectation, given more reason to accumulate and hold for the long term. We believe the stock would perform well post listing, supported by strong subscription traction and investor interest in one of India’s most advanced, fully integrated aerospace precision-manufacturing platforms. Given its strong competitive positioning, global customer relationships, and alignment with India’s expanding aerospace manufacturing opportunity, we recommend that allotted investors 'Hold For Long Term'," said Prashanth Tapse, Senior Vice President of Research at Mehta Equities.
Aequs Share Price, IPO Listing, GMP Live: Global footprint
The company has a manufacturing footprint across India, the U.S. and France, strategically located near major global OEMs, which enables us to deliver innovative products and engineering solutions. The company is among the few Indian aerospace companies with a presence across three continents, giving us access to a highly skilled and diverse talent pool while ensuring close proximity to customers, strengthening long-term customer relationships.
Aequs Share Price, IPO Listing, GMP Live: Mehta Equities on listing of IPO
"At the upper end of the price band, the IPO values Aequs at a market cap of approximately Rs 8,316 crore. On FY26 annualised earnings, the company is asking for a price-to-book multiple of 5.7x, which appears reasonable compared with listed peers trading at an average of 10x. Given its strong competitive positioning, global customer relationships, and alignment with India’s expanding aerospace manufacturing opportunity, we recommend that allotted investors 'Hold for Long Term'," said Prashanth Tapse, Senior Vice President of Research at Mehta Equities, before shares listed.
Aequs Share Price, IPO Listing, GMP Live: Stock lists at 13% premium
The shares of Aequs made a decent debut on the stock exchanges. The stock is listed at a price of Rs 140 on the National Stock Exchange, which is a premium of 13% to the issue price. The stock is listed at the same price on the BSE as well.
Aequs Share Price, IPO Listing, GMP Live: Operations in unique precision manufacturing ecosystems
Aequs is the only precision component manufacturer operating within a single special economic zone in India to offer fully vertically integrated manufacturing capabilities in the Aerospace Segment. This sets the company apart from other contract manufacturers with selective manufacturing capabilities amongst its peers. There is a high barrier to entering precision manufacturing business segments, due to the substantial investment required to establish advanced precision manufacturing capabilities, develop proof of concept and cultivate relationships with global OEMs.
The company has set a price band between Rs 118 and Rs 124 per share. Each share carries a face value of Rs 10. At the upper end of the band, the minimum investment for retail applicants works out to about Rs 14,880.
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Aequs Share Price, IPO Listing, GMP Live: IPO snapshot
Aequs Limited’s IPO is a mainboard, book-built issue with a total size of Rs 921.81 crore. The offer includes a fresh issue of Rs 670 crore and an Offer for Sale worth Rs 251.81 crore. The subscription window ran from December 3 to December 5.
Aequs Share Price, IPO Listing, GMP Live: Listing today
The allotment completed on December 8 and refunds initiated on December 9. Now, the stock will officially list on the exchanges today, December 10.
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.