AEQUS LIMITED

03 Dec 2025 - 05 Dec 2025 Individual Category Main Board BSE NSE

Min Investment

₹14880

Price Band

₹118-₹124

Issue Size

₹4.20 Cr

Lot Size

120 (per lot)

IPO Dates
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03 Dec 2025

Open Date

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05 Dec 2025

Close Date

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08 Dec 2025

Allotment Date

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10 Dec 2025

Listing Date

Know Before Investing

Strengths icon

  • Vertically integrated aerospace ecosystem offering end-to-end manufacturing.
  • Strong global presence with facilities in India, France, and the U.S.
  • Long-term relationships with major global OEMs across aerospace and consumer segments.
  • Proven capability across machining, forging, surface treatment, plastics, toys, and electronics.
  • Large, scalable cluster-based manufacturing setup enabling cost and delivery efficiency.

Weaknesses icon

  • High dependence on the aerospace sector and a limited number of large customers.
  • Exposure to global economic cycles, geopolitical risks, and supply-chain disruptions.
  • Significant working capital and capital expenditure requirements.
  • Foreign exchange fluctuations may impact revenues and margins.
  • Any production delays or quality issues could affect customer contracts and reputation.

About Aequs Limited

Aequs Limited is a precision manufacturing company promoted by Aravind Shivaputrappa Melligeri, Aequs Manufacturing Investments Private Limited, and the Melligeri Private Family Foundation. With over two decades of experience, the company operates across the Aerospace and Consumer segments. Aequs delivers integrated machining, forging, surface treatment, assembly, engineered plastics, toys, cookware, and electronic components. It runs large-scale manufacturing ecosystems across three clusters in India—Belagavi, Hubballi, and Koppal—and facilities in France and the U.S. The company is India’s only precision component manufacturer with fully integrated aerospace capabilities within a single SEZ. It supports major global aircraft programs through end-to-end manufacturing, co-located suppliers, selective outsourcing, and scalable infrastructure. Aequs is backed by strong OEM partnerships, certified quality systems, advanced technology adoption, and a proven track record of performance and innovation.

IPO Objectives

1. Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable, availed by: (a) Our Company; and (b) two of our wholly-owned Subsidiaries, AeroStructures Manufacturing India Private Limited and Aequs Consumer Products Private Limited, through investment in such Subsidiaries;

2. Funding capital expenditure to be incurred on account of purchase of machinery and equipment by: (a) our Company; and (b) one of our wholly-owned Subsidiaries, AeroStructures Manufacturing India Private Limited, through investment in such Subsidiary; and

3. Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes.

Company Promoters

Aequs Manufacturing Investments Pvt Ltd.

Aravind Shivaputrappa Melligeri

Melligeri Private Family Foundation

The Melligeri Foundation

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 120.92
Non-Institutional Buyers 80.62
Retail Investors 78.05
Total 279.59
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