30
Sep
#AequsIPO #IPO #StockMarketIndia #SEBI #FreshIssue #OfferForSale #AerospaceManufacturing #MakeInIndia #PrecisionEngineering #BusinessNews #IndianMarkets BENGALURU: Precision component manufacturer Aequs Limited has filed an updated Draft Red Herring Prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The public issue will comprise a fresh issue of equity shares aiming to raise up to ₹720 crore, alongside an Offer For Sale (OFS) of up to 31,772,368 equity shares by existing shareholders. SEBI granted its approval for the public issue on September 18. The company is a vertically integrated precision component manufacturer with a global footprint, catering to…