Aequs IPO Grey Market Premium Hits New Peak as Strong Backers Drive Pre-Launch Demand

Aequs’ IPO is set for strong demand with a rising GMP, marquee investor backing and a structure combining fresh issuance with major shareholder exits.

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Aequs IPO Grey Market Premium Hits New Peak as Strong Backers Drive Pre-Launch Demand

Aequs IPO Grey Market Premium Hits New Peak as Strong Backers Drive Pre-Launch Demand
Aequs’ upcoming ₹922 crore IPO is drawing strong interest ahead of its December 3 opening, with the grey market premium climbing to ₹43.5 the highest so far. At the upper end of the ₹118–₹124 price band, this implies a potential listing price of ₹167.5, signalling an estimated 35% upside. The offer includes a ₹670 crore fresh issue and an OFS of up to 2.03 crore shares. Backing from marquee investors such as Amicus Capital, Amansa Capital, Catamaran and Sparta Group has boosted confidence.