Aequs Ltd, precision component manufacturer operating within a single SEZ for the aerospace segment, has set a price band of ₹118-124.

IPO bound Meesho on Tuesday raised ₹2,439.54 crore from anchor investors ahead of the IPO opening on December 3. The e-commerce company has allotted nearly 21.98 crore shares to anchor investors at ₹111 a share.

The ₹5,421 crore of Meesho consists of fresh issue worth a fresh issue worth ₹4,250 crore and an offer for sale of ₹1,171.20 crore. Prominent names such as SBI Mutual Fund, Tiger Global, ADIA, GIC, BlackRock, GIC, Fidelity, WCM investment, Goldman Sachs and Dragoneer participated in the anchor book among the others.

Kotak Mahindra Capital Company Ltd, JP Morgan India Pvt Ltd, Morgan Stanley India Company Pvt Ltd, Axis Capital, Citigroup Global Markets India Pvt Ltd are the book running lead managers, and KFin Technologies is the registrar to the issue.

Aequs has raised ₹413.92 crore from anchor investors, as part of IPO exercise. The company has allotted nearly 3.34 crore shares to anchor investors at ₹124 a share. The IPO will open on Wednesday and close on Friday.

Marquee domestic and global institutional investors and large Indian mutual fund houses who participated in the anchor book included SBI Mutual Fund, HDFC MF, ICICI MF, Axis MF, Motilal Oswal MF, BlackRock Global Funds, Bank of India MF, Steadview Capital, Citigroup and Societe Generale.

JM Financial Ltd, IIFL Capital Services Ltd, Kotak Mahindra Capital Company Ltd are the book running lead managers to the issue.

OFS component

Aequs Ltd, precision component manufacturer operating within a single SEZ for the aerospace segment, has set a price band of ₹118-124. The issue comprises a fresh issue of ₹670 crore and an offer-for-sale of ₹251.8 crore.

Vidya Wires, manufacturers of winding and conductivity products for a range of critical industries, has raised ₹90 crore from anchor investors as the company allotted 1.73 crore shares to anchor investors ₹52 a share.

Among the anchor investors were LIC Mutual Fund, Bandhan Mutual Fund, Bank of India MF, Alchemy, MAIQ, Maybank Securities

Vidya Wires Ltd has priced its issue at ₹48-52. The IPO includes a fresh issue of ₹274 crore and an offer-for-sale of approximately ₹26 crore.

Pantomath Capital Advisors Private Ltd and IDBI Capital Markets & Securities Ltd, are the book running lead managers to the offer

Published on December 2, 2025