Aequs Limited, a precision engineering powerhouse, has successfully raised Rs 414 crore from 33 prominent anchor investors ahead of its anticipated IPO on December 3. High-profile backers such as Blackrock and Sanshi have jumped on board, adding to the excitement.
Aequs reported a widening net loss of Rs 102 crore in FY25, compared with Rs 14.24 crore in the previous fiscal. Total income also moderated by 3% to Rs 959 crore from Rs 988 crore in FY24.
As of December 1, 2025, the grey market premium for the Aequs IPO has climbed to Rs 46.5, reflecting a 37% premium over the upper issue price of Rs 124 and up from about a 20% premium earlier.
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