Aequs’ initial public offering (IPO) is generating strong interest as it prepares to open for subscription on Wednesday, December 3, with shares quoting a grey market premium (GMP) of about 34%. The price band for the IPO is set between ₹118–₹124 p er share, with the company’s valuation exceeding ₹8,300 crore at the upper end of the band. Aequs, which operates in sectors like consumer durables, plastics, and aerospace components, is aiming to raise ₹922 crore through the offering.