Aequs Shares Debut Strong on Indian Market with 13% IPO Premium
Key Points
- 1Aequs shares debuted at ₹140 on December 10, achieving a 13% premium over the ₹124 IPO price.
- 2The IPO raised ₹921.81 crore, with strong investor demand leading to an overall subscription of 104 times.
- 3Aequs supplies precision components for major global aircraft programs, including Airbus A320/A350 and Boeing B737/B787.
Aequs Limited commenced trading on the Indian stock market with a significant debut on Wednesday, December 10, listing its shares at ₹140 on both the NSE and BSE. This opening price represented a 13% premium over its initial public offering (IPO) price of ₹124, delivering immediate gains for IPO allottees. The strong listing followed an enthusiastic response during the three-day subscription period. The positive market sentiment was fueled by exceptional investor demand, with the IPO being subscribed 104 times overall. Institutional buyers (QIB) showed particularly strong interest at 122.93 times, while non-institutional investors and retail categories also saw robust subscriptions of 83.61 times and 81.03 times, respectively. This strong appetite underscores confidence in Aequs' strategic position as a leading integrated aerospace precision-manufacturing platform in India. Aequs operates a comprehensive aerospace precision manufacturing ecosystem within its special economic zone in Karnataka. The company is a key supplier for major global aircraft programs, providing structural parts, engine components, landing gear systems, interiors, and cargo modules for platforms such as the Airbus A320 and A350 series, and Boeing’s B737 and B787. Beyond aviation, Aequs also extends its manufacturing capabilities to clients in consumer electronics, plastics, and consumer durables.
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