Mumbai, Dec. 8 -- The initial public offer of Aequs received bids for 4,27,13,40,720 shares as against 4,20,26,913 shares on offer. The issue was subscribed 101.63 times.

The Qualified Institutional Buyers (QIB) category was subscribed 120.92 times, the Non-Institutional Investors category was subscribed 80.62 times, and the Retail Individual Investors category was subscribed 78.05 times.

The issue opened for bidding on 03 December 2025 and it closed on 05 December 2025. The price band of the IPO is fixed between Rs 118 and 124 per share.

The offer comprised a fresh issue of equity shares worth up to Rs 670 crore and an offer for sale (OFS) of 2,03,07,393 equity shares by promoter and investor shareholders. The OFS includes 14,23,500 s...