Magellan Aerospace inks MoU with Aequs to Set Up Sand-casting Unit at Belagavi Aerospace Cluster -MSN
Canadian aerospace systems manufacturer Magellan Aerospace Corporation signed a memorandum of understanding (MoU) with Belagavi-headquartered contract manufacturing company Aequs to establish a sand-casting facility at the Belagavi Aerospace Cluster (BAC) in Karnataka on Thursday. The joint venture aims to meet the sand casting demands in the growing aerospace industry. This increased sand-casting capacity would support […]
Aequs Transitions Files Confidential DRHP with Sebi to Launch its IPO; May Raise $200 Mn – Businesstoday
Aequs has filed a confidential draft red herring prospectus with the Securities and Exchange Board of India to raise approximately $200 million (Rs 1,700 crore) through the IPO. Aequs, a diversified contract manufacturer, has filed a confidential draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise approximately $200 […]
Aerospace Parts Maker Aequs Makes Confidential Filing for $200 Mn IPO | The Arc
Aerospace component manufacturer Aequs, based in Belagavi, Karnataka, has submitted a draft red herring prospectus under the Securities and Exchange Board of India’s (SEBI) confidential route to raise $200 million (about Rs 1,700 crore) via an initial public offering, according to sources cited in a report by The Economic Times. Founded in 2006 by Aravind […]
Aequs flies beyond Bengaluru: Nearly Every Aircraft Delivered Globally Today Has Parts Made in Belagavi -Moneycontrol
The company has diversified from aerospace manufacturing into consumer products such as toys, cookware, and electrical components. Aequs aerospace industrial park in Belagavi When Aequs Ltd—earlier QuEST Global Manufacturing—established its aerospace industrial park on 250 acres in North Karnataka in 2008, co-founder Aravind Melligeri faced a surprising challenge: convincing clients that Belgaum actually existed. “Foreigners and customers […]
India Needs $10 Billion Aircraft Programme to Build Jet Engines: Aequs CEO – Outlook Business
The Belagavi-based supplier of aircraft components to global majors like Airbus and Boeing says India currently accounts for just 1% of the sector’s global supply chain. Q. What motivated you to get into aerospace manufacturing? A. Aequs is a 15-year-old entity focused on manufacturing. We started with aerospace manufacturing. As our DNA comes from engineering […]
India Needs $10 Billion Aircraft Programme To Build Jet Engines: Aequs CEO
Jet engine manufacturing should be a part of India’s national program because engine development requires 15 to 20 years, according to Aravind Melligeri, CEO and chairman of Aequs, a contract manufacturing firm in aerospace, consumer durables and toys. In a video interview with Outlook Business, Melligeri said the company has achieved 100% local value addition […]
Aerospace Parts Maker Aequs To Convert Into Public Company Ahead Of USD 200M IPO – IPO Central
Aequs, the aerospace and contract manufacturing company based in Belagavi, Karnataka, is gearing up for a big growth leap by converting into a public company before a planned USD 200 million (~INR 1,685 crore) initial public offering (IPO) later in 2025. In a significant move towards this public listing, the company’s board has approved a […]
Aerospace Parts Maker Aequs To Convert Into Public Company Ahead Of USD 200M IPO – IPO Central
Aequs, the aerospace and contract manufacturing company based in Belagavi, Karnataka, is gearing up for a big growth leap by converting into a public company before a planned USD 200 million (~INR 1,685 crore) initial public offering (IPO) later in 2025. In a significant move towards this public listing, the company’s board has approved a […]
Aequs Sets Stage For $200 Mn IPO, Converts Into Public Company – BW Disrupt
Aerospace manufacturer gears up for public listing in 2025 amid JV with Magellan, improved revenues, and sharp drop in losses. Aerospace and contract manufacturing firm Aequs has formally begun its journey towards a USD 200 million IPO, with the board approving a special resolution to convert the company into a public limited entity, regulatory filings […]
Exclusive: Aerospace Parts Maker Aequs to Convert Into Public Company – Entracker
Aerospace component maker Aequs is gearing up for its initial public offering (IPO) in 2025 and has taken a concrete step by passing a special resolution to convert into a public company. The board at Aequs has passed a resolution for approval to change its status to a public company and rename it from “Aequs […]