Aequs IPO Listing Details: Share of Rs 124 listed at Rs 140, know how the tables turned in favor of profit?

Aqueous IPO Listing: Shares of Aqueous, a leading company in the aerospace segment, made a strong debut in the domestic market today. Its IPO also received an overwhelming response from investors, with total subscription exceeding 104 times. Shares were issued in the IPO at a price of ₹124 per share. Today, the shares were listed at ₹140.00 on both BSE and NSE, which means IPO investors got a listing gain of 12.90%.

After listing, the share price increased further. It reached ₹148.00 on BSE, which means IPO investors are now in profit of 19.35%. Employees benefited even more as they received each share at a discount of ₹11.

How will the money received from Aques IPO be used?

The ₹921.81 crore IPO of Aquos was open for subscription from December 3 to 5. The IPO received a good response from investors and was oversubscribed by a total of 104.30 times. The reserved portion for Qualified Institutional Buyers (QIBs) was subscribed 122.93 times (except anchor investors), Non-Institutional Investors (NIIs) portion was subscribed 83.61 times, Retail Investors portion was subscribed 81.03 times and Employees portion was subscribed 37.86 times.

Under this IPO, new shares worth ₹670.00 crore were issued. Additionally, 20,307,393 shares with face value of ₹10 were sold through the offer for sale window. The proceeds from the offer for sale went to the selling shareholders.

Of the funds raised by issuing fresh shares, ₹433.17 crore will be used to reduce the debt of the company and its subsidiary companies, ₹64.00 crore will be used to purchase machinery and equipment for the company and its subsidiary companies, and the remaining funds will be used for acquisitions and general corporate purposes. About Equus Established in 2000, Equus is involved in setting up and running Special Economic Zones with integrated manufacturing capabilities in the aerospace segment in India. Its product portfolio includes components for engine systems, landing systems, cargo and interior, structures, assemblies etc.

The company’s business is primarily in the aerospace segment, but in recent years it has expanded its portfolio to also include consumer electronics, plastics and consumer durables. By September 2025, it had manufactured more than 5,000 products in the aerospace segment. Talking about the financial position of the company, it had a net loss of ₹109.50 crore in FY2023, which reduced to ₹14.24 crore in the next financial year 2024, but then increased to ₹102.35 crore in FY2025.

During this period, the company’s total income grew at a compound annual growth rate (CAGR) of over 6% to ₹959.21 crore. In the current financial year 2026, for the first six months (April-September 2025), the company reported a net loss of ₹16.98 crore and a total income of ₹565.55 crore. As of the end of the September 2025 quarter, the company had total debt of ₹533.51 crore and reserves and surplus of ₹200.43 crore.