The upcoming Initial Public Offering of Aequs Limited, a major player in the precision manufacturing and aerospace components industry, has created significant buzz in the grey market. However, investors keenly await Aequs IPO GMP today, considered an unofficial indicator of likely listing performance. Going by the trend of grey market premium (GMP) in the current scenario, demand appears to be strong for the issue, and the indications are that it might have a robust outing at the stock exchanges.

What is the latest Aequs IPO GMP today?

As on date, that is, today, December 1, 2025, Aequs IPO GMP is showing a premium of ₹41 to ₹43 per share. Considering the upper end of IPO price band at ₹124 per share, this Grey Market Premium indicates an indicative listing gain of approximately 33% to 35%. This indicates strong investor confidence in the niche business model of the company and its future growth prospects, particularly within the high barrier to entry aerospace and defense supply chain.

• IPO Price Band: ₹118 to ₹124 per equity share

• Aequs IPO GMP Today: Approximately ₹43.5 per share

• Indicative Listing Price: ₹167.5 (₹124 + ₹43.5)

• Potential Listing Gain: Over 35%

Note: The grey market premium is an unofficial price and not an indication of the exact listing price of an IPO.

Key Details of the Aequs IPO Issue

The Aequs IPO is a book built issue, in total size of ₹921.81 crore. It is a mix of fresh issue and Offer for Sale (OFS). The company is raising capital for key objectives, which are critical for its financial restructuring and expansion.

The timeline set for the IPO is the first week of December, positioning Aequs as one of the major issues this month.

Detail	Description
Open Date	Wednesday, December 3, 2025
Close Date	Friday, December 5, 2025
Price Band	₹118 to ₹124 per share
Lot Size	120 Shares
Total Issue Size	₹921.81 Crore
Listing Date	Tentatively December 10, 2025

The fresh issue component’s proceeds will, principally, be utilized for the repayment of some borrowings, capital expenditure in buying new machinery and equipment, and to finance inorganic growth through acquisitions. This debt-reduction and capacity-expansion feature is usually well-received by market analysts.

Aequs Limited: Leading in a Niche Industry

Aequs Limited is a precision engineering and manufacturing company having its headquarters based at Belagavi, Karnataka. The company has created a niche for itself, especially in the aerospace sector, where it is a Tier 1 supplier to global Original Equipment Manufacturers like Airbus, Boeing, and Safran.

The strength of the company is its vertically integrated manufacturing clusters in India that allow it to offer a broad range of solutions from forging and machining to assembly. This integrated ecosystem creates high barriers to entry for competitors and ensures long term customer relationships-a sine qua non in the aerospace and defence supply chain.

While the company has reported losses in recent financial years, a high revenue share from its core aerospace segment-almost 90% of net external revenue-and its unique positioning as India’s largest aerospace product portfolio holder are driving the optimistic Aequs IPO GMP today.

Key Takeaways for Prospective Investors

The robust Aequs IPO GMP reflects a high degree of optimism for its listing. However, investors must conduct thorough due diligence. While the company operates in a niche, high growth sector, and has strong customer relationships, its financials show continued losses. Aggressive investors, believing in the long-term growth of the sectors of aerospace and precision manufacturing in India, may find this IPO appealing for potential listing gains and long-term value. However, cautious investors are advised to consider current profitability challenges and high debt levels before subscribing.