TV9
user profile
Sign In

By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.

Subscribe Whatsapp Channel
Bihar 2025 India Sports Tech World Business Career Religion Entertainment LifeStyle Photos Shorts Education Science Cities Videos

Aequs IPO bidding to begin on Dec 3: Clients include Boeing, Airbus, Honeywell, SAAB

Aequs IPO will throw open its bidding window on Dec 3. Its public issue will comprises fresh issue to raise Rs 670.00 crores and an OFS segment through which the existing promoters will sell off 2.03 crore shares.

Aequd manufactures components for landing gear systems, engine parts, wing flap supports and power distribution unit trays for commercial aircraft such as Airbus A320 and Boeing 737.
Aequd manufactures components for landing gear systems, engine parts, wing flap supports and power distribution unit trays for commercial aircraft such as Airbus A320 and Boeing 737.
| Updated on: Nov 28, 2025 | 10:20 AM

Kolkata: Aequs is a Bangalore-based company that is associated with big global brands such as Airbus, Boeing, Safran, Collins Aerospace, Honeywell and SAAB. It is actually a contract manufacturing company which offers vertically integrated, high-precision engineering and product solutions. The company has manufacturing facilities in the US and France besides India. It produces components for landing gear systems, engine parts, wing flap supports and power distribution unit trays for commercial aircraft such as Airbus A320 and Boeing 737. Its competencies include precision machining of aerostructure and aerosystem components, forging and heat treatment of high-strength components, sheet metal fabrication, surface treatment (through its JV Aerospace Processing India), aerostructure assemblies and testing and prototyping of components.

The Aequs IPO intends to raise fund through fresh issue shares that will aggregate to Rs 670 crore. There will also be an OFS segment that is yet to be announced. More than 2 crore shares will be sold under the OFS segment. The details will perhaps be announced today Nov 28. The promoter Melligeri Private Family Foundation is supposed to sell shares in the OFS segment and so will Amicus Capital and investor Ravindra Mariwala. The listing is expected on NSE and BSE on December 10.

Also Read
In spite of big reserves, India accounts for less than 1% of global rare earth mining and production.
Rare earth magnet scheme: Stocks worth watching as Centre approves plan
Nuvama has highlighted the company's growing capacity, backward integration and continued DCR-linked realisations.
Premier Energies: Why is Nuvama so bullish on this stock; see target price
Siemens Energy India's revenue went up to Rs 2,600 crore in Q4FY25, which marked 27% year-on-year jump riding on a strong pick-up in activity in the power transmission sector.
Motilal Oswal spots 22% upside in Siemens Energy India: Check target price

Aequs IPO timeline

IPO bid opens: Dec 3, 2025

IPO bid closes: Dec 5

Allotment: Dec 8

Refunds: Dec 9

Credit of Shares to Demat: Dec 9

Listing: Dec 10

Cut-off time for UPI mandate confirmation: 5 pm on Dec 5

Deployment of IPO proceeds

Aequs will deploy Rs 433 crore of the funds raised through the fresh issue proceeds to prepay some of its outstanding debt of Rs 631 crore (as on October 31, 2025). Rs 64 crore will be spent to acquire new machinery and equipment. The rest could be used for acquisitions and corporate needs.

{{ articles_filter_432_widget.title }}