IPO Guru

IPO Listed — 09 Dec 2025

Listing Price: ₹140

vs Issue Price ₹124 +₹16 (+12.9%)

Aequs IPO GMP History | Listing Price ₹140 & Kostak Rate

IPO
Final GMP
₹ 16
13%
Final Kostak
₹ 16
Final Sub. to Sauda
₹ 0

Aequs IPO has been listed on December 9, 2025 at a listing price of ₹140, against the issue price of ₹124 — a gain of ₹16 (+12.9%). The GMP peaked at ₹16 on 6 January 2026 and reached a low of ₹16 on 6 January 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.

Aequs IPO raised ₹921.81 Cr. through its IPO at a price band of ₹₹118 to ₹124 per share per share, with a lot size of 120 shares. The IPO was open for subscription from 03 Dec 2025 to 05 Dec 2025.

GMP Trend Chart

Day-wise GMP Trend

Date GMP ↑↓ % Kostak Sub. Sauda
06 Jan 2026 ₹ 16 13% ₹ 16 ₹ 0

Aequs IPO Dates

Event Date
Open Date 03 Dec, 2025
Close Date 05 Dec, 2025
Allotment Date 08 Dec, 2025
Refund Date 09 Dec, 2025
Credit to Demat 10 Dec, 2025
Listing Date 09 Dec, 2025

Aequs IPO Actual Listing Price

Basis Value
Issue Price ₹124
Actual Listing Price ₹140 (+12.9%)
Listing Gain / Loss +₹16 per share
Listing Date 09 Dec, 2025

Is Aequs IPO GMP Reliable?

Grey market premium for Aequs IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:

  • Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
  • Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
  • Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
  • Cross-check before acting: Review the Aequs IPO full review for a fundamentals-based assessment before making any grey market trades.

Aequs IPO IPO Kostak Rate Explained

The Kostak rate for Aequs IPO was Retail: ₹16. This is the fixed amount a grey market buyer pays for your IPO application — regardless of whether you receive allotment.

The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.

Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.

About Aequs IPO

Aequs Limited is an India-based manufacturing company focused on precision engineering and integrated supply chain solutions for global industries. Founded in 2006, the company has built a strong presence in aerospace, consumer goods, and industrial sectors. It was promoted by Aravind Melligeri, who envisioned creating a globally competitive manufacturing ecosystem in India. Aequs established its flagship Special Economic Zone (SEZ) in Belagavi, Karnataka, which has become a key hub for aerospace manufacturing. Over the years, the company has developed strong relationships with leading global OEMs by consistently delivering high-quality components and services.

The company offers a wide range of products and services, including precision machining, forging, assembly, and integrated manufacturing solutions. Its business model is based on providing end-to-end capabilities, from design support to final product delivery, allowing clients to optimise costs and streamline operations. Aequs serves sectors such as aerospace, toys, and consumer durables, with a growing presence in international markets. By focusing on operational efficiency, long-term contracts, and strategic partnerships, the company aims to ensure stable revenue growth and strengthen its position as a reliable global manufacturing partner.

Frequently Asked Questions about Aequs IPO

What is the GMP of Aequs IPO?

The current Grey Market Premium (GMP) of Aequs IPO is ₹ 16.

What is the Kostak Price of Aequs IPO?

Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Aequs IPO is ₹ 16.

What is the Subject to Sauda Price of Aequs IPO?

Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.

What was the actual listing price of Aequs IPO?

Aequs IPO listed on December 9, 2025 at ₹140, against the issue price of ₹124 — a gain of +12.9%.

How did the GMP of Aequs IPO trend before listing?

The GMP of Aequs IPO was stable in its final days before listing. The GMP peaked at ₹16 on 6 January 2026. View the day-wise table above for the complete GMP history.

Explore Aequs IPO Further

For a complete picture before making your investment decision, explore these resources:

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