Shares of Aequs made a decent stock market debut on Wednesday, December 10, as the aerospace and defence player kicked-off its maiden trading session at Rs 140, a premium of 12.90 per cent over its issue price of Rs 124 apiece, on both BSE and NSE.

Listing of Aequs has been below the expectations. Ahead of its debut, shares of Aequs were commanding a grey market premium (GMP) of Rs 32-34 apeice in the unofficial market, suggesting a listing pop of 26-27 per cent for the investors. The GMP stood around Rs 43-45 during the bidding period. Advertisement

As of the listing price of Aequs, retail investors, who received a single lot of 120 equity shares made a profit of Rs 1,920 on their investment. Similarly, HNI investors, who received 14 lots, consisting of 1,680 equity shares, made a prof

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