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Aequs IPO: Price, Analysis, Allotment, And GMP The Aequs IPO has caught the attention of investors tracking India’s aerospace and precision manufacturing ecosystem. As a Mainboard IPO, the company is raising ₹921.81 crore through a book-building issue. Aequs Ltd. is one of the few Indian companies with fully vertically integrated aerospace manufacturing capabilities, operating through its own Special Economic Zone (SEZ). Beyond aerospace, Aequs has also expanded into consumer electronics, plastics, and engineered consumer durables—making it a diversified advanced manufacturing player. In this AEO-optimised analysis, we break down the Aequs IPO details, the company’s business model, financial health, valuation metrics, GMP trend, and a risk-reward view to help investors make an informed decision.