Aequs Ltd said it garnered Rs 414 crore from anchor investors. (Photo: Aequs Ltd/X) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Shares of Aequs Ltd. made their debut on Wednesday, Dec.10, listing at Rs 140 per share and rose to Rs 147.99 apiece at 10:00 a.m.
Aequs shares listed at a 12.9% premium to the Rs 124 IPO price. The aerospace firm's debut propelled its market cap to around Rs 9,400 crore with robust market entry.
This follows the Rs 921.8 crore IPO's overwhelming success, subscribed nearly 102 times overall from December 3-5, driven by fervent retail and non-institutional demand.
Aequs primarily operates in the aerospace segment, but over the years, it has expanded its product portfolio to consumer electronics, plastics, and consumer durables.
Its consumer

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