Aequs IPO Day 2 Subscription Soars 11.1x; GMP Around ₹45–46 Signals Up to 37% Listing Gains
New Delhi | December 4, 2025 The ₹921.81 crore initial public offering (IPO) of precision manufacturing company Aequs Limited is seeing powerful demand on its second day of bidding, with the issue subscribed about 11.10 times by the close of trade on Thursday, December 4, according to exchange-based data compiled by multiple platforms.Groww+2ThePrint Hindi+2 Strong interest from retail investors and high net-worth individuals (HNIs) is driving the rally, while qualified institutional buyers (QIBs) are expected to play catch‑up on the final day of the issue. Meanwhile, the grey market premium (GMP) for Aequs is hovering around ₹45–46 per share, implying