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Aequs details ₹922-crore IPO allocation for expansion and debt cuts
Aequs proposed a ₹922-crore IPO with major allocations for debt reduction and capacity expansion, while the remainder supports working capital needs.
Aequs outlined plans for a ₹922-crore IPO, with about ₹433.2 crore designated for debt reduction and manufacturing capacity expansion. Remaining proceeds will support working capital and general corporate requirements. The company aims to strengthen its balance sheet and scale aerospace component production through the fresh issue.