What works for the company is its SEZ-based integrated ecosystem that delivers a cost-efficient, export oriented and globally competitive precision engineering solutions.
Ankit Saproo
December 03, 2025 / 18:36 IST
Precision engineering player Aequs has come out with a $102.4 million IPO that was fully subscribed within hours of launching on Wednesday. The company is majorly into aerospace component manufacturing and is a supplier to Boeing and Airbus.
India’s aerospace boom is just unfolding with both the major players Boeing and Airbus looking forward to expand their supplies from the country that is serving as a credible alternative to China.
“Our expansion on the aerospace side to bring in other capabilities is among our key growth levers. What we are trying to do is expand into vertical integration,” its chief executive Aravind Melligeri said.
For Aequs, around 89.19% of FY25 revenue came from aerospace while 10.81% came from consumer, a report from Angel One stated.
Read more:
What Aequs’ $102 million IPO tells us about India’s aerospace boom