Aequs IPO
Check GMP TodayGrey Market Premium (GMP)
₹42
Est. Listing Price
₹166
Est. Gain %
33.87%
Issue Price
₹124
IPO Size
₹921.81 Cr
Lot Size
120 Shares
| Category | Quota |
|---|---|
| QIB | Not less than 75% of the Net Offer |
| HNI / NII | Not more than 15% of the Net Offer |
| Retail (RII) | Not more than 10% of the Net Offer |
Kfin Technologies Ltd.
About the Company
Key Highlights
- Founded in 2000, Aequs Ltd. specializes in vertically integrated precision manufacturing.
- Operates a Special Economic Zone (SEZ) in India, offering comprehensive manufacturing capabilities primarily for the Aerospace Segment.
- Primary focus is aerospace, with a diverse product portfolio including components for engine systems, landing systems, cargo, interiors, structures, and assemblies.
- Has strategically expanded into manufacturing for consumer electronics, plastics, and consumer durables.
- Produced over 5,000 aerospace products as of September 30, 2025, supporting major commercial aircraft programs (e.g., A220, A320, B737, A330, A350, B777, B787).
- Maintains a global manufacturing presence across three continents, ensuring strategic proximity to customers.
- Boasts advanced, vertically integrated precision manufacturing capabilities and long-standing relationships with high-entry-barrier global aerospace clients.
- Employs a significant workforce of over 4,500 individuals (across full-time, contractual, trainee, apprentice, and fixed-term roles) as of September 30, 2025.
Business Model
Aequs Ltd. operates an engineering-led, vertically integrated precision manufacturing business model, primarily centered around the aerospace industry. From its Special Economic Zone (SEZ) in India, the company manufactures critical components and assemblies for a wide range of aerospace applications, including structures, interior and cargo systems, landing gear components, and actuation systems. Its comprehensive product offerings enable participation in significant manufacturing and assembly programs for both single-aisle and long-range commercial aircraft, fostering long-term relationships with leading global aerospace customers.
Beyond aerospace, Aequs has diversified its operations to include manufacturing for the consumer sector, producing items in consumer electronics, plastics, and consumer durables. The company leverages its advanced manufacturing capabilities and presence across three continents to serve a broad customer base efficiently. This global footprint, combined with a founder-led business supported by an experienced management team and a skilled workforce, underpins its operational strength and ability to cater to high-value segments with complex engineering requirements.
Financial Performance
| Period Ended | Period Ended | Assets | Total Income | Profit After Tax | EBITDA | NET Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|---|---|
| 30 Sep 2025 | ₹30 Sep 2025 Cr | ₹2,134.35 Cr | ₹565.55 Cr | ₹-16.98 Cr | ₹84.11 Cr | ₹796.04 Cr | ₹200.43 Cr | ₹533.51 Cr |
| 31 Mar 2025 | ₹31 Mar 2025 Cr | ₹1,859.84 Cr | ₹959.21 Cr | ₹-102.35 Cr | ₹107.97 Cr | ₹707.53 Cr | ₹135.09 Cr | ₹437.06 Cr |
| 30 Sep 2024 | ₹30 Sep 2024 Cr | ₹1,863.50 Cr | ₹475.51 Cr | ₹-71.70 Cr | ₹57.82 Cr | ₹731.65 Cr | ₹-90.83 Cr | ₹384.79 Cr |
| 31 Mar 2024 | ₹31 Mar 2024 Cr | ₹1,822.98 Cr | ₹988.30 Cr | ₹-14.24 Cr | ₹145.51 Cr | ₹807.17 Cr | ₹-15.31 Cr | ₹291.88 Cr |
| 31 Mar 2023 | ₹31 Mar 2023 Cr | ₹1,321.69 Cr | ₹840.54 Cr | ₹-109.50 Cr | ₹63.06 Cr | ₹251.91 Cr | ₹-146.15 Cr | ₹346.14 Cr |