Aequs Ltd. has announced public offering of 74339651 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 114.00 per share. The gross proceeds of the issue are expected to be Rs 92,181.17 lakhs.

The company's initial public offer (IPO) will open on 03 December 2025 and is expected to close on 05 December 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 118.00-124.00 per share.

The IPO includes a fresh Issue of 74339651 Equity Shares of the Company at an price of Rs 124.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 120 shares with bids in multiples of 120.

Aequs Ltd. anticipates using the proceeds of the issue for (a) our Company(b) one of our whollyowned Subsidiaries, ASMIPL, through investment in such Subsidiary Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes.

Kotak Mahindra Capital Company Ltd.,JM Financial Limited,IIFL Capital Services Limited as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.