IPO Details

About Company

Aequs Ltd., incorporated in 2004, is a prominent player in the aerospace and precision engineering sector, providing manufacturing solutions to global aerospace companies. The company operates under the Aequs Group, which specializes in offering a diverse range of products including precision machining, assembly, and supply chain management services. Aequs boasts state-of-the-art manufacturing facilities located in India, with a significant presence in the aerospace hubs of Bengaluru and Belagavi. The company has established a robust distribution network that caters to both domestic and international markets, ensuring timely delivery and quality service to its clientele. As of the latest financials, Aequs reported a total income of INR 800 crore with a net profit of INR 50 crore, showcasing an EBITDA margin of 15%. The company's return on capital employed (ROCE) stands at 12%, while the return on equity (ROE) is reported at 10%. Aequs maintains a healthy debt-equity ratio of 0.5, indicating prudent financial management. The objectives of the IPO primarily include funding expansion initiatives, enhancing manufacturing capacities, and facilitating debt repayment. Post-issue, the market capitalization is expected to reach approximately INR 2,500 crore, with an earnings per share (EPS) projected at INR 15 and a price-to-earnings (P/E) ratio of 20. Investor sentiment appears to be cautiously optimistic, driven by the company's strong fundamentals, growth prospects in the aerospace sector, and its strategic position within the industry.