



Aequs IPO: What you must know before buying the stock.
Subscribe to enjoy similar stories. If you’re keeping up with the news about the Indian IPO market, you would be aware of Aequs Ltd. The aerospace manufacturing company hit the primary market with its IPO last week, and what an IPO it’s turning out to be.
Between 3 and 5 December, the company received bids from investors for 4,271.3 million shares. This was against the 42 million shares it offered. That’s an oversubscription of 101.63 times.
As per media reports, the qualified institutional buyers (QIB) category was subscribed 120.92 times, the non-institutional investors (NII) category was subscribed 80.62 times, and the retail individual investors (RII) category was subscribed 78.05 times. The IPO valued the company at ₹8,300 crore. When there is such an enormous oversubscription, there are bound to be many investors who will not receive allotment or may receive less than what they wanted.
There are also many investors who may be experiencing a sense of regret, which may get enhanced if the listing is strong. In fact, if the stock has a positive listing and continues to rise, there could be a sense of FOMO (fear of missing out) among investors. We have seen this before when investors rush to get into a stock after a strong listing.
At such moments, it’s important not to get swayed by emotions, look at the fundamentals of the business, and only then consider making a decision. In this editorial, we will look at the pros and cons of investing in Aequs Ltd. Aequs Ltd is a precision component manufacturer in the aerospace sector.
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