Aequs IPO to open for bidding on December 3; to raise Rs 670 cr from fresh issue

Aequs Limited, a precision aerospace and consumer component manufacturer, opens its IPO for bidding on December 3 to raise Rs 670 crore via fresh equity. The offer also includes an OFS by promoters and investors. Proceeds will fund debt repayment, capital expenditure, strategic acquisitions, and general corporate purposes.