Aequs Share Price: Shares of contract manufacturing giant Aequs made an impressive debut, listing at a 13% premium over the issue price of Rs 124 on Wednesday.
Initially trading at Rs 140 on both the BSE and NSE, stocks further climbed to nearly 22%, reaching Rs 151, boosting the company’s market value to Rs 9,989.56 crore on the BSE.
The Rs 922-crore IPO saw overwhelming demand, subscribed 101.63 times by closing. Raised funds aim for loan repayments, equipment acquisition, and future growth. Aequs, primarily in aerospace, also produces consumer goods.
