Aequs IPO, priced at ₹124, raised ₹921.81 crore with 104x oversubscription, listing on Dec 10 despite FY25 losses.

Aequs IPO allotment results were announced on December 8, 2025, with shares credited to demat accounts on December 9 and listing on NSE and BSE on December 10. The IPO, priced at ₹124 per share, raised ₹921.81 crore with 104.30 times oversubscription, driven by strong demand across retail, institutional, and anchor investors. The company, in aerospace and consumer electronics, reported a 3% revenue decline and a net loss in FY25, though analysts note its global manufacturing scale and aerospace focus. A 30% grey market premium signals optimism, but concerns remain over profitability, leverage, and valuation.