Registered Office:
Aequs Tower No.55 Whitefield-,Main Rd Mahadevapura Post,
Bangalore - 560048,
Karnataka, India.
Phone : +91 96 3205 8521
Fax : NA
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.
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