Aequs has kickstarted its IPO journey on a strong note by raising ₹414 crore from anchor investors ahead of the subscription opening on December 3. The anchor list includes well-known domestic and global institutions such as SBI MF, HDFC MF, ICICI Prudential MF, Axis MF, Motilal Oswal MF, BlackRock, and Citigroup, indicating solid institutional confidence. IPO Snapshot • Price Band: ₹118–₹124 • Issue Size: ₹922 crore • Fresh Issue: ₹670 crore • OFS: ₹252 crore • Subscription Window: Dec 3–5 • Listing Date: Dec 10 What the Money Will Be Used For • Repaying existing debt • Purchasing new machinery & equipment • Funding future expansion and acquisitions • General corporate purposes About the Company Aequs operates in aerospace, consumer electronics, toys, plastics, and home appliances manufacturing. Its customer base includes leading global names like Airbus, Boeing, Collins Aerospace, Honeywell, Hasbro, Wonderchef and more, supported by manufacturing units across India, France, and the USA. Allocation • 75% — QIBs • 15% — HNIs • 10% — Retail investors Takeaway: The strong anchor response is a positive signal, but as always — evaluate valuation, financials, and growth potential before applying.

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