Aequs gets SEBI`s nod to float IPO
Aequs has received Securities and Exchange Board of India’s (SEBI) go-ahead to raise funds through initial public offering (IPO). The company’s IPO will comprise both a fresh equity issue and an offer for sale.
The company is planning to launch an IPO worth $200 million. To manage the offering, the company has appointed Kotak Mahindra Capital, JM Financial and IIFL Capital.
Aequs provides a fully vertically integrated, precision manufacturing ecosystem for the aerospace and consumer sectors.
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