Aequs Files Confidential DRHP to Raise Rs 1700 Crore

Aequs, a company that makes parts for things like Apple products, is planning to sell stock to the public for the first time.

They've filed a secret plan with the government to raise money.

This plan, called an IPO, aims to collect about Rs 1700 crore.

Aequs has factories in different countries and makes various products.

The money will come from selling new shares and some shares from the current owners.

Investors such as Amicus Capital, Amansa Capital and Steadview Capital have already invested in the company.