What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Aequs Limited IPO allotment date?

The basis of allotment for Aequs Limited IPO is scheduled to be finalized on 8 Dec 2025.

Where can I check Aequs Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Kfin Technologies Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 9 Dec 2025.

IPO GreyPremiumLIVE

Grey Market Intelligence

Aequs Limited

ListedMainboard

Manufacturing · NSE / BSE

Aequs is a diversified contract manufacturing company that supports large-scale, timely production of complex products for global aerospace and consumer OEMs. It operates through three engineering-led, vertically integrated precision manufacturing ecosystems in India, offering complete “one-stop-shop” solutions. This setup helps improve quality control, reduce costs, shorten lead times, and lower the overall carbon footprint.

Price Band

₹118 – ₹124

Issue Size

₹922 Cr

Lot Size

120 shares

GMP

₹20

+16.1%

Est. Listing

₹144

at current GMP

Subscribed

104.28x

overall

Open

3 Dec 2025

5 Dec 2025

Allotment

8 Dec 2025

Refund

9 Dec 2025

Demat Credit

10 Dec 2025

Listing

10 Dec 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Aequs Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

8 Dec 2025

Basis finalization

Refunds Initiate

9 Dec 2025

Mandate release

Demat Credit

10 Dec 2025

Shares in demat

Listing Debut

10 Dec 2025

Trading begins

About Aequs Limited Public Issue & Market Profile

Aequs Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹921.81 Crores. The shares are offered at a price band of ₹118 to ₹124 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 120 shares (approx. ₹14,880 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-12-10, while un-allotted funds or UPI block mandates will be released on 2025-12-09.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.

Aequs Limited

Aequs Limited Allotment Status

How to Check Aequs Limited IPO Allotment Status

About Aequs Limited Public Issue & Market Profile

Frequently Asked Questions

What if my name is not showing on the registrar portal?

How will I receive the refund if I don't get allotment?