Aequs ipo date, Share Price Target Tomorrow, 2025, 2026, 2030
Aequs is an Indian company that makes very exact parts for aeroplanes and also makes simple everyday products. Its main work is in the aerospace field, where it supplies important parts to big companies like Airbus, Boeing, and Safran. It is well known for its special factory area in Belagavi, Karnataka, where all steps, cutting, shaping, finishing, and assembling, are done in one place, which helps them work faster and keep good quality. The company makes over 5,000 different aeroplane parts used in many types of aircraft. It also makes cookware, home appliances, toys, plastic items, and electronic parts for brands like Wonderchef, Tramontina, Hasbro, and Spinmaster.
- 1 What is Aequs Ltd IPO?
- 2 Aequs IPO Details
- 3 Aequs Share Price Target Tomorrow (Listing day price)
- 4 Aequs Share Price Target 2025
- 5 Aequs share price Target 2026
- 6 Share price Target 2027
- 7 Share price Target 2028
- 8 Share price Target 2029
- 9 Aequs share price Target 2030
- 10 Share price Target 2040
- 11 Share Price Target 2050
- 12 Should I buy Aequs stock?
- 13 Aequs earnings results (Financials)
- 14 Is Aequs stock good to buy? (bull case & bear case)
- 15 Aequs IPO Promoter Holding
- 16 Objects of the Issue (Aequs IPO Objectives)
- 17 Aequs ipo gmp
- 18 Conclusion
- 19 FAQs
What is Aequs Ltd IPO?
Aequs was established in 2006 in Belagavi, Karnataka, by Aravind Melligeri. It is an Indian company that makes parts for aeroplanes and also makes many everyday products. The company does manufacturing work for other brands, helping them create parts. It has a special aerospace zone where shaping metal, cutting parts, finishing, and assembling are all done in one place, which makes the work faster and smoother. Along with aeroplane parts, it also makes cookware, toys, plastic products, and small home appliances. The company has factories in India, the USA, and France, and supplies important aeroplane parts to well-known companies like Airbus and Boeing.
Aequs IPO Details
| IPO Date | December 3, 2025 to December 5, 2025 |
| Listing Date | 08 December 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹118 to ₹124 per share |
| Minimum Investment | ₹14160 |
| Lot Size | 120 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Shareholding Post Issue | 61,66,17,677 shares |
| Share Holding Post Issue | 67,06,49,935 shares |
Aequs Ltd’s financials show that the company is still not making profits, even though its sales are growing. Its basic business is improving, but the money it earns is still not enough to cover all costs and expenses. It continues to show losses mainly because expenses are high and other income is low. Cash flow is also uneven, as the company spends heavily on investments while earning less from daily operations. Overall, it is growing but has not yet reached a stable or profitable position, and it needs better cost control and stronger earnings to improve its financial health.
| Day | Minimum Price (Rs) | Maximum Price (Rs) |
| Tomorrow | -15 | +58 |
It is a leading Indian company that mainly works for the aerospace industry, making important parts for aeroplane engines, landing gear, aircraft structures, and interiors. It also produces consumer products like plastics, toys, home appliances, and electronic parts. It focuses on accuracy, reliability, and quality in everything it makes. The company has become a trusted supplier in India and around the world, working with some of the biggest global brands by combining skilled engineering with advanced technology. In 2025, its share price target would be ₹190, as per stock market analysts.
Its share price would be between ₹79 to ₹190 in 2025, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 79 | 190 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| December | 79 | 190 |
It has two main businesses: aerospace and consumer goods. Its aerospace division is the largest, supplying important parts to top aircraft makers worldwide. The consumer goods division uses the same manufacturing skills to make things like kitchenware, home appliances, toys, and electronic components. This mixed business helps the company stay stable even if one business slows down. Aerospace work requires very high precision, while consumer products give a regular income and allow the company to fully use its factories. This balance helps Aequs grow steadily and reduce risks across different industries. In 2026, its share price target would be ₹414, as per stock market analysts.
Its share price would be between ₹175 to ₹414 in 2026, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 175 | 414 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 175 | 230 |
| February | 200 | 257 |
| March | 214 | 290 |
| April | 224 | 303 |
| May | 235 | 317 |
| June | 237 | 328 |
| July | 242 | 337 |
| August | 247 | 340 |
| September | 260 | 357 |
| October | 266 | 375 |
| November | 288 | 384 |
| December | 300 | 414 |
The main aerospace factory is in Belagavi, Karnataka. This is India’s first precision-engineering zone for aerospace. All manufacturing steps, including forging, machining, surface treatment, and assembly, are done in one place. It helps the company to work more efficiently, maintain high quality, and produce faster. It also follows international aerospace rules strictly. This setup gives the company a strong advantage and makes it easier to supply major aircraft manufacturers around the world. In 2027, its share price target would be ₹, as per stock market analysts.
Its share price would be between ₹370 to ₹624 in 2027, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 370 | 624 |
It handles the entire manufacturing process, from raw materials to finished parts. This lets the company control quality at every stage, reduce delays, and lower costs. The company do everything in one place, which makes delivery simpler and faster for international clients. This system helps the company to meet strict quality standards needed in aerospace, where safety, precision, and strength are very important. In 2028, its share price target would be ₹841, as per stock market analysts.
Its share price would be between ₹590 to ₹841 in 2028, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 590 | 841 |
The company supplies parts to some of the biggest aerospace companies, including Airbus, Boeing, Safran, Collins Aerospace, and Spirit AeroSystems. It follows strict international standards and holds high-quality certifications to meet global requirements. Its products are trusted worldwide because of this. The company’s commitment to quality has helped it build long-term partnerships with top aerospace manufacturers. In 2029, its share price target would be ₹1027, as per stock market analysts.
Its share price would be between ₹814 to ₹1027 in 2029, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 814 | 1027 |
It also has factories in the United States and France. These facilities allow the company to be closer to international clients, reduce shipping time, and improve service. The overseas locations also help Aequs access advanced technology and skills from other countries. The company can handle global demand better, follow international production schedules, and maintain strong relationships with clients. In 2030, its share price target would be ₹1374, as per stock market analysts.
Its share price would be between ₹1000 to ₹1374 in 2030, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 1000 | 1374 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1000 | 1113 |
| February | 1039 | 1122 |
| March | 1052 | 1152 |
| April | 1044 | 1160 |
| May | 1050 | 1167 |
| June | 1062 | 1175 |
| July | 1064 | 1190 |
| August | 1073 | 1200 |
| September | 1085 | 1210 |
| October | 1102 | 1233 |
| November | 1120 | 1250 |
| December | 1140 | 1374 |
It is growing beyond just making new parts. The company plans to set up a Maintenance, Repair, and Overhaul (MRO) facility for aircraft engines. This means it will also provide services to fix and maintain engines. Along with MRO, Aequs is hiring more people to support growth in both aerospace and consumer-goods businesses. These steps show the company is preparing for increasing global demand, expanding its services, and continuing to grow as a leading precision manufacturing company. In 2040, its share price target would be ₹3490, as per stock market analysts.
Its share price would be between ₹3110 to ₹3490 in 2040, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 3110 | 3490 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 3110 | 3267 |
| February | 3162 | 3280 |
| March | 3164 | 3300 |
| April | 3170 | 3312 |
| May | 3180 | 3330 |
| June | 3204 | 3352 |
| July | 3226 | 3374 |
| August | 3254 | 3390 |
| September | 3274 | 3411 |
| October | 3290 | 3455 |
| November | 3325 | 3471 |
| December | 3358 | 3490 |
It uses its skills in both aerospace and consumer goods to grow as a top global manufacturing company. Its factories, international locations, and plans for services like MRO give it an advantage over competitors. It builds long-term relationships with clients around the world. The company also helps India’s manufacturing and exports grow by creating jobs and improving industrial areas. Overall, it is working to meet growing global demand while keeping high standards in every part of its business. In 2050, its share price target would be ₹7800, as per stock market analysts.
Its share price would be between ₹7317 to ₹7800 in 2050, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 7317 | 7800 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 7317 | 7470 |
| February | 7371 | 7484 |
| March | 7388 | 7510 |
| April | 7411 | 7530 |
| May | 7430 | 7550 |
| June | 7437 | 7562 |
| July | 7452 | 7584 |
| August | 7480 | 7610 |
| September | 7472 | 7631 |
| October | 7522 | 7650 |
| November | 7553 | 7682 |
| December | 7611 | 7800 |
Should I buy Aequs stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 79 | 190 |
| 2026 | 175 | 414 |
| 2027 | 370 | 624 |
| 2028 | 590 | 841 |
| 2029 | 814 | 1027 |
| 2030 | 1000 | 1374 |
| 2040 | 3110 | 3490 |
| 2050 | 7317 | 7800 |
The company works in both aerospace and consumer-goods manufacturing and has special advantages like doing all production steps in one place in its SEZ and having factories abroad. But it is not yet making profits, its cash flow has been unstable, and it relies on a few big customers, which makes it risky. If you are willing to invest for the long term and wait a few years for possible growth, it could be worth considering. For safer and steadier returns, it might be better to wait.
Aequs earnings results (Financials)
| Mar 2024 | Mar 2025 | |
| Sales + | 74 | 92 |
| Expenses + | 66 | 84 |
| Operating Profit | 8 | 8 |
| OPM % | 11% | 8% |
| Other Income + | -120 | -63 |
| Interest | 7 | 5 |
| Depreciation | 11 | 10 |
| Profit before tax | -130 | -71 |
| Tax % | 0% | 5% |
| Net Profit + | -130 | -74 |
| EPS in Rs | — | — |
| Dividend Payout % | 0% | 0% |
Is Aequs stock good to buy? (bull case & bear case)

Bull Case:
- In FY 2024-25, Aequs made ₹924.6 crore in revenue, which means the company is selling more aerospace and consumer-goods products than before.
- The aerospace business made nearly 89% of total revenue, showing the company focuses on high-value, in-demand products.
- It has over 2.9 million annual machining/moulding hours across all factories, meaning it can handle large orders efficiently.
- It works with big global clients like Airbus, Boeing, and Collins Aerospace, which shows trust in its products worldwide.
- The company is growing into Maintenance, Repair, and Overhaul (MRO) services for aircraft engines, which can bring new income besides making parts.
- It has factories in India, the USA, and France, and it provides its services to international clients faster and takes advantage of global aerospace demand.
Bear Case:
- In FY 2024-25, Aequs had a net loss of ₹102.35 crore, meaning the company is still spending more than it earns.
- Revenue fell slightly from ₹965 crore to ₹924.6 crore, showing it is facing challenges in growing sales.
- Some factories are not fully used, especially in consumer goods, which keeps fixed costs high and lowers profits.
- The company relies heavily on a few large clients, so losing or reducing orders from any of them could hurt revenue a lot.
Aequs IPO Promoter Holding
The Promoters of the company are Aravind Shivaputrappa Melligeri, Aequs Manufacturing Investments Private Limited, Melligeri Private Family Foundation and The Melligeri Foundation.
| Promoter Holding Pre Issue | 64.48% |
| Promoter Holding Post Issue | — |
Objects of the Issue (Aequs IPO Objectives)
- The company plans to spend ₹433.17 crore to repay or prepay certain loans and any prepayment penalties.
- It will use ₹17.55 crore for its own general business purposes.
- The company will invest ₹415.62 crore in its three wholly-owned subsidiaries.
- It will spend ₹174.82 crore on AeroStructures Manufacturing India Private Limited.
- It will invest ₹231.16 crore in Aequs Consumer Products Private Limited.
- The company will spend ₹9.63 crore on Aequs Engineered Plastics Private Limited.
- It will use ₹64.00 crore for buying machinery and equipment.
- The company will spend ₹8.11 crore for machinery and equipment at the main company.
- It will invest ₹55.89 crore for machinery and equipment at AeroStructures Manufacturing India Private Limited.
- The company will also use some money for buying other companies, strategic initiatives, and general business purposes.
Aequs ipo gmp
| Date | IPO GMP | Gain |
| 1 Dec | ₹43 | 34.67% |
| 29 Nov | ₹30 | 24.19% |
| 28 Nov | ₹18 | 14.51% |
Conclusion
It is an Indian company that makes very precise parts for aeroplanes and also produces everyday items like cookware, toys, and electronics. It works with big companies like Airbus, Boeing, and Safran. Its main factory in Belagavi, Karnataka, does all steps of production in one place, which helps make products faster and with better quality. The company also has factories in the USA and France to serve international customers more easily. Overall, it may give high returns for long-term investors, but investors might wait for more stability.

