Archive · 30 Sep 2025
Aequs to Raise ₹720 Crore Through IPO
Aequs, a company that makes precision parts, is planning to sell new shares to the public to raise money.
They hope to get up to ₹720 crore.
This money will be used to pay off some of their debts, buy new equipment, and buy other companies.
The IPO includes selling new shares and also some existing shares from current investors.
Current investors include companies such as Amicus Capital and Steadview Capital.
Aequs plans to raise up to ₹720 crore through an initial public offering (IPO).
The IPO includes a fresh equity issue and an offer for sale (OFS) of up to 3.17 crore equity shares.
The company filed an updated draft red herring prospectus (UDRHP).
Funds will be used for debt reduction, capital expenditure, and acquisitions.
Existing institutional investors own 25.54 per cent of pre-offer equity shares.
- Who
- Aequs, a manufacturer of precision components
- What
- Is set to raise up to ₹720 crore through an initial public offering (IPO)
- When
- Published on September 30, 2025 after filing an updated draft red herring prospectus.
- Where
- Not explicitly mentioned
- Why
- To reduce debt, fund capital expenditure, and acquisitions.
- Company
- Aequs
- IPO Amount
- ₹720 crore
- IPO Type
- Fresh equity issue and offer for sale
- OFS
- Up to 3.17 crore equity shares
- Face Value
- ₹10 each
- Use of Funds
- Debt reduction, capital expenditure, acquisitions
- Existing Investors
- Amicus Capital, Amansa Investments, Steadview Capital, Catamaran, Sparta Group
