IPO market

Aequs IPO is a Mainboard book building IPO. Issue size is 921.81 Cr. Price band is ₹118 to ₹124 per share. Minimum investment is ₹14,880. Lot size is 120 shares. Open from 3 Dec 2025 to 5 Dec 2025. Allotment on 8 Dec 2025. Listing on 10 Dec 2025 at BSE,NSE. Managed by JM Financial Ltd., IIFL Capital Services Ltd., and Kotak Mahindra Capital Co.Ltd. Registrar: Kfin Technologies Limited. Key details for GMP, subscription, price, allotment, and listing in one place.
Price band and lot size for Aequs IPO. Price band is ₹118 to ₹124 per share. Face value is 10. Lot size is 120 shares. Minimum retail investment from ₹14,880.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 120 | ₹14,880 |
| Retail (Max) | 13 | 1,560 | ₹1,93,440 |
| S-HNI (Min) | 14 | 1,680 | ₹2,08,320 |
| S-HNI (UPI) | 33 | 3,960 | ₹4,91,040 |
| S-HNI (Max) | 67 | 8,040 | ₹9,96,960 |
| B-HNI (Min) | 68 | 8,160 | ₹10,11,840 |
Pre-filled: Issue Price = ₹124, Lot Size = 120 shares, Listing Price = ₹140
| Category | Lots | Investment | At listing | Profit |
|---|---|---|---|---|
| Retail (Min) | 1 | ₹14,880 | ₹140 | +₹1,920 |
| Retail (Max) | 13 | ₹1,93,440 | ₹140 | +₹24,960 |
| S-HNI (Min) | 14 | ₹2,08,320 | ₹140 | +₹26,880 |
| S-HNI (UPI) | 33 | ₹4,91,040 | ₹140 | +₹63,360 |
| S-HNI (Max) | 67 | ₹9,96,960 | ₹140 | +₹1,28,640 |
| B-HNI (Min) | 68 | ₹10,11,840 | ₹140 | +₹1,30,560 |
Profit based on the official listing price for each investor category.
Price band, lot size, and minimum investment—explained.