Aequs Ltd IPOIPO Timeline
About Aequs Ltd IPO
Aequs Limited is the only precision component manufacturer operating within a single special economic zone in India that offers fully vertically integrated manufacturing capabilities in the aerospace segment, setting it apart from other contract manufacturers with selective manufacturing capabilities. Precision components are precisely machined parts designed and manufactured to exact specifications and are commonly supplied to OEM customers and system integrators. As of March 31, 2025, the company had one of the largest portfolios of aerospace products in India. Its diverse product portfolio includes components for engine systems, landing systems, cargo and interiors, structures, assemblies, and turning for aerospace clients. For the Financial Year 2025, the company’s net external revenue from the aerospace segment was ₹8,246.41 million. Its advanced manufacturing capabilities also enable it to expand into new business segments by leveraging existing competencies. While the company primarily operates in the aerospace segment, over the years it has broadened its portfolio to include consumer electronics, plastics, and consumer durables for its consumer clients.
Aequs Ltd IPO Subscription Status
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| TBA | 0 | 0 | 0 | 0 |
| TBA | 0 | 0 | 0 | 0 |
Aequs Ltd IPO Financial Status
| Particulars (in Rs. Crores) | 30-Sep-25 | 31-Mar-25 | 30-Sep-24 | 31-Mar-24 | 31-Mar-23 |
|---|---|---|---|---|---|
| Assets | 2,134.35 | 1,859.84 | 1,863.50 | 1,822.98 | 1,321.69 |
| Total Income | 565.55 | 959.21 | 475.51 | 988.3 | 840.54 |
| Profit After Tax | -16.98 | -102.35 | -71.7 | -14.24 | -109.5 |
| EBITDA | 84.11 | 107.97 | 57.82 | 145.51 | 63.06 |
| Net Worth | 796.04 | 707.53 | 731.65 | 807.17 | 251.91 |
| Reserves and Surplus | 200.43 | 135.09 | -90.83 | -15.31 | -146.15 |
| Total Borrowing | 533.51 | 437.06 | 384.79 | 291.88 | 346.14 |
Aequs Ltd IPO SWOT Analysis
Strengths
- Advanced and vertically integrated precision manufacturing capabilities.
- Manufacturing presence across three continents with strategic proximity to end customers.
- Comprehensive precision product portfolio across high value segments.
- Founder-led business supported by an experienced management team and a qualified employee base.
Risks
- The company’s dependence on aerospace revenue makes it vulnerable to any downturn in that segment.
- The company’s reliance on its top ten customer groups makes it susceptible to any weakening in these relationships.
- A downgrade in the company’s credit rating could adversely affect its ability to raise capital in the future.
- All the company’s manufacturing units are in Karnataka, exposing it to regional risks that could impact its business and financial performance.
