Aequs IPO Oversubscribed 1.77X On Day 1 So Far

As of 13:15 IST, the issue received bids for 7.32 Cr shares against the 4.20 Cr shares available for subscription

Retail investors led from the front, oversubscribing their quota 7.2X, bidding for 5.54 Cr shares against the 76.92 Lakh earmarked for them

Aequs’ IPO comprises a fresh issue of shares worth up to INR 670 Cr and an offer for sale (OFS) component of up to 2.03 Cr shares

Contract manufacturing company Aequs initial public offerings (IPO) opened on a good…