IPO

IPO Synopsis

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 Rs10/- each (the "equity shares") of Aequs Limited ("Company" or "Issuer") for cash at a price of Rs124 per equity share including a share premium of Rs114 per equity share (the "Offer Price") aggregating up to Rs921.81 crores (the "Offer") comprising a fresh issue of 54,047,958. equity shares bearing face value of Rs10/- each aggregating up to Rs670.00 crores (the "Fresh Issue") and an offer for sale of up to 20,307,393 equity shares bearing face value of Rs10/- each aggregating to Rs251.81 crores, comprising an offer for sale of 100,000 equity shares bearing face value of Rs10/- each aggregating to Rs1.24 crores by Aequs Manufacturing Investments Private Limited, to 1,323,500 equity shares bearing face value of Rs10/- each aggregating to Rs16.41 crores by Melligeri Private Family Foundation ("promoter selling shareholders"), 7,481,908 equity shares bearing face value of Rs10/- each aggregating to Rs92.78 crores by Amicus Capital Private Equity I LLP, up to 754,450 equity shares bearing face value of Rs10/- each aggregating to Rs9.36 crores by Amicus Capital Partners India Fund I, 8,879,915 equity shares bearing face value of Rs10/- each aggregating to Rs110.11 crores by Amicus Capital Partners India Fund II, to 435,656 equity shares bearing face value of Rs10/- each aggregating to Rs5.40 crores by Vasundhara Dempo Family Private Trust, 435,656 equity shares bearing face value of Rs10/- each aggregating to Rs5.40 crores by Girija Dempo Family Private Trust ("Investor Selling Shareholders"), 871,308 equity shares bearing face value of Rs10/- each aggregating to Rs10.80 crores by Ravindra Mariwala, and 25,000 equity shares bearing face value of Rs10/- each aggregating to Rs0.31 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 Rs10/- each, aggregating to Rs2.00 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 Rs11.00 per equity share, i.e., 8.87% of the offer price to eligible employees bidding in the employee reservation portion ("employee discount"). Price Band: Rs124/- for equity share of face value of Rs10 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 Rs11 per equity share is being offered to eligible employees bidding in the employee reservation portion.
Issue Money Payable On
Opens On Closes On Application Allotment
03-Dec-25 05-Dec-25 Rs 124.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos :120  Further Multiples of :120
  (Rs Cr) Lead Managers to the Issue
Project Cost 622.38
IIFL Capital Services Ltd
Project Financed through Current Offer 922.01
Post Issue Equity Share Capital 670.65
Issue Price Rs 124.00
Projects
Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable, availed by General corporate purposes
Funding capital expenditure to be incurred on account of purchase of machinery and equipment
Promoted By Listing At Registrar to the Issue
  Aravind Shivaputrappa Melliger
  Aequs Manufacturing Investment
  Melligeri Pvt Family Foundatio
 BSE
 NSE
No Data Found.

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