Aequs IPO
Check GMP TodayGrey Market Premium (GMP)
₹44
Est. Listing Price
₹168
Est. Gain %
35.08%
Issue Price
₹124
IPO Size
₹921.81 Cr
Lot Size
120 Shares
| Category | Quota |
|---|---|
| QIB | Not less than 75% of the Net Offer |
| HNI / NII | Not more than 15% of the Net Offer |
| Retail (RII) | Not more than 10% of the Net Offer |
Kfin Technologies Ltd.
About the Company
Key Highlights
- Founded in 2000, Aequs Ltd. specializes in vertically integrated precision manufacturing.
- Operates a special economic zone in India, primarily supporting its aerospace manufacturing capabilities.
- Key offerings include components for engine systems, landing systems, cargo and interiors, structures, and assemblies for the aerospace sector.
- While primarily focused on aerospace, the company has diversified into manufacturing for consumer electronics, plastics, and consumer durables.
- As of September 2025, it had produced over 5,000 products within the aerospace segment for major single-aisle and long-range commercial aircraft programs (e.g., A220, A320, B737, A330, A350, B777, B787).
- Maintains a global manufacturing presence across three continents, strategically located to serve end customers.
- Boasts long-standing relationships with global customers in high-entry barrier industries.
- Led by its founders and supported by an experienced management team and a qualified workforce of over 4,500 employees (as of September 2025).
Business Model
Aequs Ltd. operates primarily as a vertically integrated precision manufacturer, offering end-to-end solutions for complex components and assemblies. Its core business revolves around serving the aerospace segment, where it leverages an Indian special economic zone to provide comprehensive manufacturing services. The company's deep capabilities allow it to produce a diverse range of critical parts for aircraft engine systems, landing gear, interior components, and structural elements.
Beyond its foundational aerospace activities, Aequs has strategically expanded its operations into manufacturing for consumer electronics, plastics, and consumer durables. This diversification broadens its market exposure and revenue streams. The company's global footprint, with manufacturing facilities across three continents, is a key operational strength, ensuring proximity to its international customer base and supporting long-term partnerships with major players in high-value industries. This model is underpinned by advanced engineering, a comprehensive product portfolio, and a skilled workforce dedicated to high-precision output.
Financial Performance
| Period Ended | Period Ended | Assets | Total Income | Profit After Tax | EBITDA | NET Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|---|---|
| 30 Sep 2025 | ₹30 Sep 2025 Cr | ₹2,134.35 Cr | ₹565.55 Cr | ₹-16.98 Cr | ₹84.11 Cr | ₹796.04 Cr | ₹200.43 Cr | ₹533.51 Cr |
| 31 Mar 2025 | ₹31 Mar 2025 Cr | ₹1,859.84 Cr | ₹959.21 Cr | ₹-102.35 Cr | ₹107.97 Cr | ₹707.53 Cr | ₹135.09 Cr | ₹437.06 Cr |
| 30 Sep 2024 | ₹30 Sep 2024 Cr | ₹1,863.50 Cr | ₹475.51 Cr | ₹-71.70 Cr | ₹57.82 Cr | ₹731.65 Cr | ₹-90.83 Cr | ₹384.79 Cr |
| 31 Mar 2024 | ₹31 Mar 2024 Cr | ₹1,822.98 Cr | ₹988.30 Cr | ₹-14.24 Cr | ₹145.51 Cr | ₹807.17 Cr | ₹-15.31 Cr | ₹291.88 Cr |
| 31 Mar 2023 | ₹31 Mar 2023 Cr | ₹1,321.69 Cr | ₹840.54 Cr | ₹-109.50 Cr | ₹63.06 Cr | ₹251.91 Cr | ₹-146.15 Cr | ₹346.14 Cr |