The second day of the Aequs IPO arrived with steady buzz across the market. The issue opened this week and quickly picked up attention after a strong first day of bidding. With its blend of fresh issues and OFS, the company’s public offer has already sparked curiosity among investors in the aerospace manufacturing space.
On Day 2, the broader conversation stayed focused on the Aequs IPO subscription status, the Aequs IPO dates, and the fundraising structure, which outlines a sizeable issue size and a clearly defined price band.
Market Performance: Aequs IPO Sees Strong Opening-Day Interest
The momentum around the offer began right from Day 1. Even on the very first day of bidding, the Aequs IPO crossed full subscription, setting the tone for the remaining days.
Here’s how the numbers stood on Day 1, based on the reference data:
- Total Subscription: 3.42 times
- Retail Investors: 11.46 times
- Non-Institutional Investors (NII): 3.40 times
- Qualified Institutional Buyers (QIB): 66%
These early figures offered a snapshot of how quickly the issue entered the spotlight.
Main News: Aequs IPO Structure, Dates, and Key Offer Details
The Aequs IPO opened on December 3 and will close on December 5. This keeps the bidding window active for three days. According to the offer timeline, the IPO allotment is scheduled for December 8, followed by the listing on December 10 on both BSE and NSE.
The Aequs IPO price band has been fixed between ₹118 and ₹124 per share.
The fundraising target is clear and structured:
- Total IPO Size: ₹921.81 crore
- Fresh Issue: 5.40 crore shares, amounting to ₹670 crore
- Offer for Sale (OFS): 2.03 crore shares, amounting to ₹251.81 crore
The combination of fresh equity and an OFS forms the core of the issue. Investors tracking the aequs ipo size, the aequs ipo details, and the aequs ipo news continued to focus on these specific numbers.
The company outlined that the proceeds from the fresh issue are earmarked for several operational and corporate purposes. These include repayment or payment of certain borrowings, capital expenditure for machinery and equipment, and other general corporate uses.
Company Details: A Look at Aequs and Offer-Related Information
Aequs operates in the aerospace precision manufacturing segment with vertically integrated capabilities. The company functions through a Special Economic Zone model and has positioned itself around a structured manufacturing ecosystem built to serve its industry.
As per the reference content, the IPO is being handled by:
- Aequs IPO Registrar: Kfin Technologies Ltd.
- Book Running Lead Manager: JM Financial Ltd.
The combination of a fresh issue and OFS, along with the specified price band, continued to shape the overall interest seen in the Aequs IPO Day 2 session.
Summary: Aequs IPO Day 2 Holds Steady Momentum
The Aequs IPO continued drawing consistent attention on its second day, following a fully subscribed opening session. With a price band of ₹118–₹124, an issue size of ₹921.81 crore, and a clear three-day bidding window, the offer has maintained a strong presence in the market narrative.
Investors tracking the aequs ipo subscription status, the aequs ipo date, the aequs ipo day 2, and the aequs ipo details kept a close eye on the progress as the offer moved through its timeline. With a listing scheduled for December 10, the IPO remains one of the most followed market events of the week.
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