Aequs Limited has raised ₹1,100 crore from an Initial Public Offering and pre-IPO placement to key institutional investors.
Shardul Amarchand Mangaldas & Co advised Aequs on the IPO and the pre-IPO placement.
The transaction was led by Nikhil Naredi (Partner), along with Tarun Srikanth (Principal Associate), Shruthi Hariharan (Senior Associate), Associates Anoushka PV, Niharika Payannavar and Richa Singh.
Abhishek Parekh (Partner), along with Ankit P. (Senior Associate) and Awantika Yash (Associate) advised on General Corporate aspects.
Rajani Associates advised the selling shareholders on this IPO.
The transaction was led by Sangeeta Lakhi (Senior Partner), with support from Shriya Nandedkar (Associate).
Trilegal advised the book running lead managers JM Financial, IIFL Capital Services, and Kotak Mahindra Capital Company on the IPO.
The transaction team was led by Vijay Parthasarathi (Partner), with support from Saurav Das (Senior Associate) and Associates Lajja Mehta, Kohsheen Saraf, Samarth Bharadwaj, and Sanath Rajesh.
Aequs is a vertically integrated precision component manufacturer, operating across the aerospace and consumer segments.
The IPO saw strong participation across investor categories, marking an important milestone for the Company’s growth journey.
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