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AequsLtd IPO

Aequs Ltd

IPO Doc

Start Date03-12-2025

Application Timing10am-5pm

Price Range₹118 - ₹124

Min Qty120

Min. Investment₹14880

Listing Date10-12-2025

Close Date05-12-2025

About Aequs Ltd

Aequs Ltd., incorporated in 2000, is a precision manufacturing company primarily focused on the aerospace sector. The company operates a Special Economic Zone (SEZ) in India equipped with vertically integrated end-to-end manufacturing capabilities. Its product range includes components for engine systems, landing gear, interior systems, structures, assemblies, and aerospace actuation systems. Over the years, Aequs has diversified beyond aerospace and expanded into consumer electronics, plastics, and consumer durables manufacturing. As of September 30, 2025, the company manufactured over 5,000 aerospace products for global programs, including A220, A320, B737, A330, A350, B777, and B787 aircraft. The company operates across three continents and works closely with leading global aerospace clients. Aequs employs over 1,892 full-time staff along with additional contractual, trainee, apprentice, and fixed-term employees.

Why To Invest in Aequs Ltd

Aequs Ltd. offers exposure to a niche sector with high entry barriers and long-term contracts, primarily in aerospace manufacturing. The company operates an engineering-led, vertically integrated ecosystem that supports competitive lead times and cost efficiencies. Its diversified presence across aerospace, consumer electronics, and plastics provides potential for growth across multiple industries.

The IPO proceeds will be used to reduce debt, fund capital expenditure, and support inorganic growth, which may strengthen the balance sheet and improve financial efficiency in future years. The company also has strong relationships with global OEMs, giving long-term business visibility.

However, investors should note the company’s recent losses and moderate financial ratios before taking an investment decision.

Financial Table

Period Ended	30 Sep 2025	31 Mar 2025	30 Sep 2024	31 Mar 2024	31 Mar 2023
Assets	2,134.35	1,859.84	1,863.50	1,822.98	1,321.69
Total Income	565.55	959.21	475.51	988.30	840.54
Profit After Tax	-16.98	-102.35	-71.70	-14.24	-109.50
EBITDA	84.11	107.97	57.82	145.51	63.06
NET Worth	796.04	707.53	731.65	807.17	251.91
Reserves and Surplus	200.43	135.09	-90.83	-15.31	-146.15
Total Borrowing	533.51	437.06	384.79	291.88	346.14

Strengths And Risks

Vertically Integrated Manufacturing Model: The company operates a fully integrated precision manufacturing ecosystem, enabling cost efficiency, streamlined production, and faster delivery timelines.

Diversified Business Operations: Aequs has expanded beyond aerospace and now operates across multiple sectors including consumer electronics, plastics, and consumer durables, reducing dependency on a single industry.

Strong Global Client Relationships: The company has long-term business associations with global aerospace leaders, which enhances business visibility, stability, and future growth potential.

Strategic Manufacturing Presence: Its facilities are spread across multiple continents and strategically located close to major aerospace markets, improving logistics and client accessibility.

High-Value Product Portfolio: The company offers a wide portfolio of precision-engineered and high-value aerospace and industrial components, making it competitive in niche manufacturing segments.

Experienced Leadership Team: Aequs is led by an experienced founder and supported by a skilled management team and qualified workforce, contributing to strong operational execution.

Financial Performance Concerns: The company has reported losses in recent financial years, which may affect investor confidence and future valuation performance.

High Dependence on Borrowings: A significant part of the company’s balance sheet includes borrowings, which may affect profitability and create repayment pressure.

Sector Dependency Risk: Since the aerospace industry is cyclical and sensitive to global events, business performance may fluctuate depending on industry demand.

Execution and Expansion Challenges: The company's diversification and expansion strategies may require long-term investment and may take time before generating meaningful returns.

Competitive Market Environment: The precision manufacturing sector is highly competitive globally, and pricing pressure from international players may impact margins and growth.

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Company

Astha Credit & Securities Pvt Ltd NSE, BSE & MCX SEBI Reg No:

INZ000187932

Membership ID:

NSE - 12227 BSE-6844 MCX - 40000 NSDL-IN303420 CDSL-94500

CIN:

U65929MP2003PTC016241

SEBI Depository Participant Reg No:

IN-DP-611-2021

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SEBI RA Registration:

INH000013332

AMFI Registration:

ARN-35911

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Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020
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The investors are hereby requested to comply with the regulatory guidelines issued by Exchanges and Depositories from time to time with regard to KYC compliance and related requirements.
We do proprietary trading

Client Bank Account Details:

Sr. No	Name of Bank Account	Bank Account Number	IFSC Code
1	ASTHA CREDIT AND SECURITIES P LTD - USCNBA A/c	00620340000150	HDFC0000062

*Investors are requested to note that Stock broker Astha Credit and Securities Private Limited is permitted to receive/pay money from/to investor through designated bank accounts only named as client bank accounts. Stock broker Astha Credit and Securities Private Limited is also required to disclose these client bank accounts to Stock Exchange. Hence, you are requested to use following client bank accounts only for the purpose of dealings in your trading account with us. The details of these client bank accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker.

1. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in the investor's account. 2. KYC is a 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.

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AequsLtd IPO

About Aequs Ltd

Why To Invest in Aequs Ltd