Aequs Limited (The “Company”), 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. (“Price Band”).
Bids can be made for a minimum of 120 Equity Shares and in multiples of 120 Equity Shares thereafter.  (“Minimum Bid Lot”)
The initial public offer of Equity Shares of face value  ₹ 10 per share (“Total Offer Size”) 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 (“BSE”) and National Stock Exchange of India Limited (“NSE” and together with BSE, the “Stock Exchanges”). 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 (“BRLMs”).
All capitalised terms used herein but not defined shall have the same meaning as ascribed to them in the Red Herring Prospectus.
The Offer is being made in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules (“SCRR”) read with Regulation 31 of the SEBI ICDR Regulations. The Offer is being made through the Book Building Process, in compliance with Regulation 6(2) of the SEBI ICDR Regulations, wherein at least 75% of the Net Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”) (the “QIB Portion”), provided that our Company in consultation with the Book Running Lead Managers, may allocate up to 60% of the QIB Portion to Anchor Investors, on a discretionary basis in accordance with the SEBI ICDR Regulations (the “Anchor Investor Portion”), of which one-third shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the price at which Equity Shares are allocated to Anchor Investors. In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the QIB Portion (excluding the Anchor Investor Portion) (“Net QIB Portion”).