Aequs IPO GMP: The initial public offering of Aequs Ltd, a contract manufacturing firm specialising in consumer durable goods and aerospace parts, is witnessing its second day of bidding today, Thursday, December 4. The price band of the Rs 921.81-crore IPO has been fixed in the range of Rs 118 to Rs 124. Till 12:00 pm on the second day of bidding, the IPO received a 6.56 times subscription, garnering bids for 26,86,88,040 shares as against 4,09,59,389 shares on offer.

Its retail category got a 21.48x subscription, while its non-institutional investor (NII) quota got a 8.29x subscription. The QIB category received a 0.68x subscription.

Aequs IPO Key Dates

The IPO will remain open for public subscription between December 3 and December 5. Following this, its allotment will be finalised

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