Aequs Ltd

ASMIPL is engaged in the business of manufacturing of aerostructure parts. As on 31st March 2025, the company reported a turnover of Rs 508.2 crore. This investment is a part of utilization of the IPO proceeds as specified in Aequs' prospectus dated December 5, 2025. These funds will be utilised to repay the bank loan and to meet CAPEX requirements. Aequs has subscribed 79,89,750 shares at a price of Rs 288.76 per equity share, aggregating to a total consideration of Rs 2,307,120,210. Aequs is a vertically integrated precision manufacturer operating within a single SEZ in India, with operations across the aerospace and consumer segments. The company operates a unique ecosystem with co-located capabilities spanning forging, precision machining, surface treatment, and assembly, enabling end -to-end manufacturing of complex, high-precision components. The company reported consolidated net loss of Rs 42.68 crore in Q3 FY26 compared with net loss of Rs 39.81 crore in Q3 FY25. Revenue from operations jumped 50.8% YoY to Rs 326.17 crore in Q3 FY26.Powered by Capital Market - Live

Aequs has made a further investment of Rs 230.71 crore in AeroStructures Manufacturing India, a wholly owned subsidiary of the Company, through a rights issuePowered by Capital Market - Live

Aequs has entered into a non binding Memorandum of Understanding (MoU) with the Guidance, the nodal agency of the Government of Tamil Nadu (GoTN) on 16 February 2026 for setting up a manufacturing unit in the State of Tamil Nadu. Under this non-binding MoU, Company has proposed to set up unit for manufacturing components for Aircraft Engines, Landing Gear and systems and has proposed to invest up to Rs 1900 crore over a period of ten years. Powered by Capital Market - Live

Net Loss of Aequs reported to Rs 42.68 crore in the quarter ended December 2025 as against net loss of Rs 39.81 crore during the previous quarter ended December 2024. Sales rose 50.77% to Rs 326.17 crore in the quarter ended December 2025 as against Rs 216.34 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales326.17216.34 51 OPM %8.903.41 - PBDT18.74-7.87 LP PBT-16.29-34.15 52 NP-42.68-39.81 -7 Powered by Capital Market - Live

Aequs will hold a meeting of the Board of Directors of the Company on 29 January 2026.Powered by Capital Market - Live

The stock was listed at Rs 140, exhibiting a premium of 12.9% to the issue price. So far, the stock has hit a high of 148 and a low of 135.50. On the BSE, over 29.33 lakh shares of the company were traded in the counter so far. The initial public offer of Aequs was subscribed 101.63 times. The issue opened for bidding on 03 December 2025 and it closed on 05 December 2025. The price band of the IPO is fixed between Rs 118 and 124 per share. The offer comprised a fresh issue of equity shares worth up to Rs 670 crore and an offer for sale (OFS) of 2,03,07,393 equity shares by promoter and investor shareholders. The OFS includes 14,23,500 shares from promoter entities and 1,88,83,893 shares from investor shareholders, including Amicus Capital funds and other individual holders. Of the net proceeds from the issue, the company proposes to deploy Rs 433.167 crore towards repayment and/or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable, availed by the company or its subsidiaries; Rs 64.002 crore towards funding capital expenditure to be incurred on account of purchase of equipment by the company and Aero Structures Manufacturing India, a WoS of the company; and the balance towards funding inorganic growth through unidentified acquisitions, other strategic initiatives, and general corporate purposes. Aequs is a vertically integrated precision manufacturing company focused primarily on the aerospace sector, with niche capabilities in machining high-end alloys such as titanium. It offers end-to-end solutions'from machining and forging to surface treatment and assembly'and operates one of India's most advanced aerospace manufacturing ecosystems. Aerospace contributed approximately 89% of FY25 revenue, with the business largely export-driven, while the consumer segment includes cookware, appliances, toys, and electronics components. Ahead of the IPO, Aequs, on 2 December 2025, raised Rs 413.91 crore from anchor investors. The board allotted 33.38 lakh shares at Rs 124 each to 33 anchor investors. The firm reported a consolidated net loss of Rs 20.07 crore and an income from operations of Rs 537.16 crore for the six months ended on 31 March 2025.Powered by Capital Market - Live

The equity shares of Aequs'(Scrip Code: 544634) are listed effective 10 December 2025 and admitted to dealings on the Exchange in the list of ''B'' Group Securities. At 09:28 IST, the pre-open indicative price of the stock was at a premium of 8.06% to the issue price of Rs 124. Powered by Capital Market - Live