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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
Opens on Closes On Application Allotment
03-Dec-25 05-Dec-25 124.00-0.00 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 124.00  

Project

  • Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable, availed by
  • Funding capital expenditure to be incurred on account of purchase of machinery and equipment
  • General corporate purposes

Promoted By

Aravind Shivaputrappa Melliger

Aequs Manufacturing Investment

Melligeri Pvt Family Foundatio

Listing At

BSE

NSE

Registrar to the Issue

KFin Techologies Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.