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IPO Synopsis

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Aequs Ltd
Registered Office: Aequs Tower No.55 Whitefield-,Main Rd Mahadevapura Post , Bangalore - 560048 , Karnataka , India.
Phone : +91 96 3205 8521
Fax :
Email :  investor.relations@aequs.com  
Website :  www.aequs.com
Initial public offering of 74,355,351 equity shares bearing face value of Rs. 10/- each (the "equity shares") of Aequs Limited ("Company" or "Issuer") for cash at a price of Rs. 124 per equity share including a share premium of Rs. 114 per equity share (the "Offer Price") aggregating up to Rs. 921.81 crores (the "Offer") comprising a fresh issue of 54,047,958. equity shares bearing face value of Rs. 10/- each aggregating up to Rs. 670.00 crores (the "Fresh Issue") and an offer for sale of up to 20,307,393 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 251.81 crores, comprising an offer for sale of 100,000 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 1.24 crores by Aequs Manufacturing Investments Private Limited, to 1,323,500 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 16.41 crores by Melligeri Private Family Foundation ("promoter selling shareholders"), 7,481,908 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 92.78 crores by Amicus Capital Private Equity I LLP, up to 754,450 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 9.36 crores by Amicus Capital Partners India Fund I, 8,879,915 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 110.11 crores by Amicus Capital Partners India Fund II, to 435,656 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 5.40 crores by Vasundhara Dempo Family Private Trust, 435,656 equity shares bearing face value of Rs.10/- each aggregating to Rs. 5.40 crores by Girija Dempo Family Private Trust ("Investor Selling Shareholders"), 871,308 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 10.80 crores by Ravindra Mariwala, and 25,000 equity shares bearing face value of Rs. 10/- each aggregating to Rs. 0.31 crores by Raman Subramanian ("Individual Selling Shareholders", Together with the Promoter Selling Shareholders and Investor Selling Shareholders, the "Selling Shareholders") (the "Offer for Sale" and Together with the Fresh Issue, the "Offer"). The offer includes a reservation of 176,991 equity shares of face value of Rs. 10/- each, aggregating to Rs. 2.00 crores (Constituting 0.03% of the post offer paid-up equity share capital of company for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 11.09% and 11.06% of the post-offer paid-up equity share capital of company, respectively. The company, in consultation with the brlms, offered a discount of Rs. 11.00 per equity share, i.e., 8.87% of the offer price to eligible employees bidding in the employee reservation portion ("employee discount"). Price Band: Rs. 124/- for equity share of face value of Rs. 10 each. The floor price is 12.40 times times the face value times of the face value of the equity shares. Bids can made for a minimum of 120 equity shares and in multiples of 120 equity shares thereafter. A discount of Rs. 11 per equity share is being offered to eligible employees bidding in the employee reservation portion.

Issue Money Payable On
Opened On Closed On Offer Price Application
03-Dec-25 05-Dec-25 ₹  124.00 ₹  124.00
Minimum Application for shares in Nos :120  Further Multiples of :120

  Lead Managers to the Issue
Project Cost ₹   622.38 Cr
IIFL Capital Services Ltd
JM Financial Ltd
Kotak Mahindra Capital Company Ltd
Project Financed through Current Offer ₹   922.01 Cr  
Post Issue Equity Share Capital ₹   670.65 Cr  
Face Value ₹   10  
 
Projects
Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable, availed byGeneral corporate purposes
Funding capital expenditure to be incurred on account of purchase of machinery and equipment
Promoted By
Aravind Shivaputrappa Melliger  
Aequs Manufacturing Investment  
Melligeri Pvt Family Foundatio  
Listing At
BSE 
NSE 
Registrar to the Issue
No Data Found.
 
Basis of Allotment
Category Issue Price
(  )
No. of Applications No. of Equity
Shares Applied
Amount
(  )
No. of times Subscribed Shares Reserved No. of Shares Allotted
Retail Ind Investors (RIIs)   0   0   0   0.00   0   0   0  
Non Inst. Investors (NIIs)   0   0   0   0.00   0   0   0  
Qualified Inst Buyers (QIBs)   0   0   0   0.00   0   0   0  
Employees   0   0   0   0.00   0   0   0  
Existing Shareholders   0   0   0   0.00   0   0   0  
Anchor Investors   0   0   0   0.00   0   0   0  
Market Maker   0   0   0   0.00   0   0   0  
Non-Retail Investors   0   0   0   0.00   0   0   0  
Underwriter Devolvement   0   0   0   0.00   0   0   0  
Total   0   0   0   0.00   0   0   0  
 

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