The Aequs IPO , which closes on December 5, 2025, has seen strong investor demand with an overall subscription of 11.10 times by Day 2 . The issue is raising ₹921.81 crore, with ₹670 crore through the issuance of new shares and ₹251.81 crore via an offer for sale (OFS). Retail investors have shown significant interest, with their portion subscribed 32.92 times.