Aequs IPO: ₹720 Cr. Boost for Global Aerospace Ambitions

Aequs, a leading aerospace components manufacturer, is set to raise ₹720 crore through an initial public offering (IPO), according to its draft red herring prospectus.

Headquartered in Karnataka’s Belagavi Manufacturing Cluster, Aequs plans to utilize the IPO proceeds to reduce debt, support capital expenditure, and pursue strategic acquisitions. The offering will comprise a fresh issue of equity shares along with an offer for sale by existing stakeholders.

Over the past 15 years, Aequs has built a strong presence in precision manufacturing, expanding beyond aerospace into consumer segments. The company has also established an international footprint with operations in North America and France, further strengthening its global aerospace portfolio.

Aequs supplies aero-structure and aeroengine components to global aerospace giants such as Airbus, Boeing, Safran, and Collins Aerospace, while also serving consumer brands like Hasbro and Wonderchef. Its vertically integrated manufacturing cluster in India plays a key role in delivering high-quality components to clients worldwide.

News by Rahul Yelligetti.