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Aequs IPO Opens with Strong Grey-Market Interest and Pre-IPO Backing
Aequs opens its ₹921 crore IPO with strong GMP support and ₹144 crore pre-IPO backing, driven by aerospace demand and a robust order book.
The Aequs IPO, valued at ₹921.81 crore, opened for subscription on December 3 and will close on December 5. The precision engineering firm has drawn strong grey-market interest and early institutional confidence following a ₹144 crore pre IPO placement at ₹123.97 per share, involving SBI MF, DSP India Fund, and Think India Opportunities Fund.