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Past performance
About Aequs Ltd Aequs Limited, incorporated in 2000 in Karnataka, India, has undergone multiple name changes over the years, with its latest identity established as Aequs Limited upon conversion to a public limited company in May 2025. The company operates as a manufacturer specializing in machined parts for the aerospace industry, along with diverse consumer products including cookware, small home appliances, outdoor toys, toy vehicles, and components for electronics like portable computers and smart devices.
Aequs primarily caters to the aerospace segment, producing components for engine systems, landing systems, cargo systems, interiors, and structures. Notable clients in this space include Airbus, Boeing, Bombardier, Collins Aerospace, and Safran. In the consumer segment, the company serves major brands such as Hasbro, Wonderchef, and Tramontina. Aequs has a strong operational base in India, with a manufacturing cluster in Belagavi and another in Bengaluru for consumer durables, as well as expansions in North America and France to strengthen its aerospace business footprint. A joint venture with Canada's Magellan Aerospace Limited also enhances its offerings with advanced surface treatment solutions.
Strategic growth initiatives include the commencement of aerospace component manufacturing in 2009 and consumer durables manufacturing in FY21. The company is further leveraging its presence in the Hubballi Manufacturing Cluster to expand production in FY22. Backed by well-established client relationships and geographically diverse operations, Aequs demonstrates resilience and growth in its dual focus on aerospace and consumer markets.
To fund its expansion and operations, Aequs plans to raise ₹720 crore via its upcoming IPO, offering equity shares with a face value of ₹10 each through a combination of fresh issues and "Offer for Sale." The IPO provides a critical opportunity for the company to enhance its market presence across its business segments.