Aequs Ltd. has successfully allocated shares worth ₹414 crore to anchor investors ahead of its mainboard IPO, signaling robust institutional confidence as the issue prepares for retail subscription. The listing is scheduled for December 10, 2025, on both BSE and NSE.
Aequs Ltd., a leading aerospace and manufacturing company, has garnered significant interest from institutional investors in its anchor round, raising ₹414 crore through the allocation of approximately 3.34 crore shares at ₹124 per share. The anchor round attracted participation from major domestic and international fund houses, including SBI Mutual Fund, HDFC Mutual Fund, ICICI Mutual Fund, Axis Mutual Fund, Motilal Oswal Mutual Fund, BlackRock Global Funds, Bank of India Mutual Fund, Steadview Capital, Citigroup, and Societe Generale. The IPO is set to open for retail and HNI investors from December 3, 2025, and will close on December 5, 2025. The allotment is expected to be finalized on December 8, 2025, with shares credited to demat accounts on December 9, 2025, ahead of the listing on December 10, 2025.
Notable Updates:
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Anchor investors collectively secured ₹414 crore worth of shares at ₹124 per share.
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Major mutual funds and global institutions participated in the anchor round.
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The IPO opens for public subscription from December 3 to December 5, 2025.
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Listing scheduled for December 10, 2025, on both BSE and NSE.
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Retail investors can apply for a minimum of 120 shares, with the price band set between ₹118 and ₹124 per share.
Important Points:
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The anchor round saw strong participation from ten domestic mutual funds across 18 schemes.
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The IPO’s fresh issue proceeds will be used for repayment of borrowings and capital expenditure.
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The allotment process is transparent, with shares expected to be credited to demat accounts before listing.
Source: Business Standard, NDTV Profit, The Hindu BusinessLine, NSE Circular