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Aequs IPO Grey Market Premium Surges Ahead of Subscription Opening
Aequs IPO sets a price band of ₹118–124 per share, with a 34% grey market premium and expected listing gain, opening for subscription on December 3.
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 per 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.