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Top 5 Highlights from Aequs Ltd IPO: Subscription Status, Price Band, and Expert Reviews
Aequs Ltd IPO sees a stellar response, with a 7x subscription on Day 2, strong retail interest, and a 36% grey market premium.
Aequs Ltd's IPO has gained significant attention, with the issue already booked more than 7 times by Day 2 of the subscription period. The IPO offers a mix of fresh shares and an offer for sale, with a price band set between ₹118 and ₹124 per share. Retail investors have shown exceptional interest, with the retail quota seeing a 23x subscription. The company is aiming to raise ₹922 crore, with ₹670 crore coming from the fresh issue.