The shares of Aequs Ltd were first listed on the stock exchanges on 10 Dec 2025.
Price Band / Share
Issue Size
Min Investment
Times Subscribed
Lot size
Price Band / Share
Issue Size
Min Investment
Times Subscribed
Lot size
The shares of Aequs Ltd were first listed on the stock exchanges on 10 Dec 2025.
The total issue size of the Aequs Ltd IPO is 922.01
The minimum lot size for Aequs Ltd public issue was 120.00 shares.
The price band of the IPO of Aequs Ltd was 124.00 to 0.00 per equity shares.
Our Company was originally incorporated as Mechanical Training Acadamy Private Limited on March 27, 2000, as a private limited company under the Companies Act, 1956 at Bengaluru, Karnataka, India, pursuant to a certificate of incorporation issued by the Registrar of Companies, Karnataka at Bengaluru (RoC). The name of our Company was changed to QuEST Machining & Manufacturing Private Limited, pursuant to a resolution passed by our Board dated February 24, 2006, and a special resolution passed by our Shareholders dated March 24, 2006 and a fresh certificate of incorporation dated April 18, 2006 was issued by the RoC. Subsequently, pursuant to a resolution passed by our Board dated February 22, 2011, and a special resolution passed by our Shareholders dated March 7, 2011, the name of our Company was changed to QuEST Global Manufacturing Private Limited and a fresh certificate of incorporation dated March 24, 2011 was issued by the RoC. Thereafter, pursuant to a resolution passed by our Board dated January 23, 2014 and a special resolution passed by our Shareholders dated February 25, 2014, the name of ourCompany was changed to Aequs Private Limited and a fresh certificate of incorporation dated March 5, 2014 was issued by the RoC. Upon the conversion of our Company into a public limited company, pursuant to a resolution passed by our Board on April 9, 2025 and a special resolution passed by our Shareholders on April 25, 2025, the name of our Company was changed to Aequs Limited, and a fresh certificate of incorporation dated May 7, 2025 was issued by the RoC CPC.
KFin Techologies Ltd is the registrar and share transfer agent of Aequs Ltd IPO.
Initial public offering of 74,355,351 equity shares bearing face value of Rs. 10/- each (the equity shares) of Aequs Limited (Company or Issuer) for cash at a price of Rs. 124 per equity share including a share premium of Rs. 114 per equity share (the Offer Price) aggregating up to Rs. 921.81 crores (the Offer) comprising a fresh issue of 54,047,958. equity shares bearing face value of Rs. 10/- each aggregating up to Rs. 670.00 crores (the Fresh Issue) and an offer for sale of up to 20,307,393 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 251.81 crores, comprising an offer for sale of 100,000 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 1.24 crores by Aequs Manufacturing Investments Private Limited, to 1,323,500 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 16.41 crores by Melligeri Private Family Foundation (promoter selling shareholders), 7,481,908 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 92.78 crores by Amicus Capital Private Equity I LLP, up to 754,450 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 9.36 crores by Amicus Capital Partners India Fund I, 8,879,915 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 110.11 crores by Amicus Capital Partners India Fund II, to 435,656 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 5.40 crores by Vasundhara Dempo Family Private Trust, 435,656 equity shares bearing face value of Rs.10/- each aggregating to Rs. 5.40 crores by Girija Dempo Family Private Trust (Investor Selling Shareholders), 871,308 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 10.80 crores by Ravindra Mariwala, and 25,000 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 0.31 crores by Raman Subramanian (Individual Selling Shareholders, Together with the Promoter Selling Shareholders and Investor Selling Shareholders, the Selling Shareholders) (the Offer for Sale and Together with the Fresh Issue, the Offer).The offer includes a reservation of 176,991 equity shares of face value of Rs. 10/- each, aggregating to Rs. 2.00 crores (Constituting 0.03% of the post offer paid-up equity share capital of company for subscription by eligible employees (the Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute 11.09% and 11.06% of the post-offer paid-up equity share capital of company, respectively. The company, in consultation with the brlms, offered a discount of Rs. 11.00 per equity share, i.e., 8.87% of the offer price to eligible employees bidding in the employee reservation portion (employee discount).Price Band: Rs. 124/- for equity share of face value of Rs. 10 each.The floor price is 12.40 times times the face value times of the face value of the equity shares.Bids can made for a minimum of 120 equity shares and in multiples of 120 equity shares thereafter.A discount of Rs. 11 per equity share is being offered to eligible employees bidding in the employee reservation portion.