Ahmedabad: Aequs Limited shall open the bid/offer in relation to its initial public offer of equity shares on Wednesday, December 03, 2025.The price band of the offer has been fixed at ₹ 118 to ₹ 124 per equity share. Bids can be made for a minimum of 120 equity shares and in multiples of 120 equity shares thereafter, an official statement said.

As per the company, “The initial public offer of Equity Shares of face value  ₹ 10 per share comprises a fresh issue of equity shares aggregating up to ₹ 6,700 million (₹ 670 crores) and an offer for sale of up to 2,03,07,393 equity shares of face value of ₹ 10 each. The Anchor Investor Bid/ Offer Period shall be Tuesday, December 02, 2025.  The Bid/Offer shall open on Wednesday, December 03, 2025 and close on Friday, December 05, 2025.”

The equity shares offered through this Red Herring Prospectus are proposed to be listed on the Stock Exchanges being BSE Limited and National Stock Exchange of India Limited. For the purposes of the Offer, NSE is the Designated Stock Exchange.

JM Financial Limited, IIFL Capital Services Limited, and Kotak Mahindra Capital Company Limited are the book-running lead managers to the offer.