
- Important Dates
- How to Check Aequs IPO Allotment Status?
- Aequs IPO Subscription Details
- Aequs IPO GMP Update
- What’s Next After Allotment?
Aequs Limited, a precision manufacturing company that supplies critical parts to global aircraft makers like Airbus and Boeing, closed its ₹921.81 crore IPO on 5 December 2025 with very strong demand across investor categories. The company is now moving to the next big milestone in its journey - finalising IPO share allotment, crediting shares to demat accounts, and listing on NSE and BSE.
In this blog, you will learn exactly how to check your Aequs IPO allotment status step by step (on BSE, NSE, and the registrar’s website), what the latest GMP and subscription trends are telling you, and how to use this information to set the right expectations for listing day and beyond.
Important Dates
- Allotment Date: December 8, 2025
- Initiation of Refunds: December 9, 2025
- Credit of Shares to Demat: December 9, 2025
- Listing Date: December 10, 2025
How to Check Aequs IPO Allotment Status?
You can check your Aequs IPO allotment status on BSE, NSE, and the registrar's website:
Step‑by‑step on BSE
- Open the official BSE IPO application status page: https://www.bseindia.com/investors/appli_check.aspx
- In “Issue Type”, select “Equity”.
- In “Issue Name”, choose “Aequs Limited” from the dropdown.
- Choose any one of the options:
- Application number
- PAN
- Fill the captcha (“I am not a robot”), and click “Search”.
Step‑by‑step on NSE
- Go to the NSE IPO allotment page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
- Click on "Equity & SME IPO bid details."
- In the IPO section, select “Aequs Limited”.
- Enter any of these details:
- Application number
- PAN
- Submit the form to view the status.
Step‑by‑step on KFin Technologies
- Open the Kfintech IPO allotment page: https://ipostatus.kfintech.com
- On the IPO list, select “Aequs Limited”.
- Choose how you want to search:
- “PAN”
- “Application Number”
- “DP ID / Client ID” linked to your demat account.
- Click “Submit”.
Aequs IPO Subscription Details
Aequs’ ₹921.81 crore IPO saw very heavy demand, with overall subscription crossing 100 times by the final day. This matters because allotment chances depend directly on how crowded each investor category is.
Day‑wise subscription:
| Date | QIB (Ex Anchor) | NII | Retail | Employee | Total |
| Day 1 - Dec 3, 2025 | 0.68x | 3.55x | 12.16x | 7.38x | 3.56x |
| Day 2 - Dec 4, 2025 | 0.75x | 17.5x | 34.57x | 16.32x | 11.49x |
| Day 3 - Dec 5, 2025 | 122.93x | 83.61x | 81.03x | 37.86x | 104.3x |
Source: chittorgarh.com
- Retail: The retail book was already more than 12 times subscribed on Day 1 and over 80 times by Day 3, which means a single‑lot application in this bucket becomes a low‑probability lottery ticket.
- QIB: Institutional demand shot up on the final day, jumping from less than 1× to well over 120×, signalling strong interest from mutual funds, insurers, and foreign institutions despite Aequs’ current losses and rich valuation.
- NII and Employee: Both non‑institutional and employee segments saw very high multiples, showing that demand was broad‑based and not driven only by one group of investors.
Together with a still‑positive GMP, this kind of subscription profile usually supports positive listing expectations, while also reminding retail investors that not getting allotment is very common in such crowded issues.
For detailed information, visit Aequs’s official IPO page at INDmoney.
Aequs IPO GMP Update
GMP is an informal price at which some traders deal in IPO shares before listing; it is not an official or guaranteed indicator and is not regulated by SEBI. For Aequs, the GMP started strong and then drifted somewhat lower as the issue moved from opening to allotment:
- A day before opening (2 Dec): around ₹46.5, implying roughly 37-38% expected listing gain over the upper price band of ₹124.
- Day 1-2: GMP cooled into the low‑to‑mid ₹40s and then closer to ₹41 as early frenzy settled and positions adjusted.
- Closing day and around allotment: estimates moved to the low‑₹40s and then to high‑₹30s, still positive but below the peak seen before subscriptions began.
This pattern usually reflects a “hot but stabilising” IPO - there is still healthy optimism, but some traders are taking early profits or turning cautious about valuation and broader market risk. GMP should only be treated as market mood, not a promise; listing can still be above, near, or below these levels depending on actual demand and sentiment on listing day.
What’s Next After Allotment?
- Refunds/unblocking of funds: For non‑allottees or partly allotted bids, banks start releasing blocked funds or cancelling UPI mandates, typically from 9 December 2025 onwards.
- Shares in demat: Allotted shares are expected to be credited to investors’ demat accounts on or before 9 December 2025.
- Listing: Aequs shares are planned to list on NSE and BSE on 10 December 2025, subject to final confirmations.
For more IPOs, check INDmoney’s IPO tracker here.
Disclaimer
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. The securities are quoted as an example and not as a recommendation. This is nowhere to be considered as advice, recommendation, or solicitation of an offer to buy or sell or subscribe for securities. INDStocks SIP / Mini Save is a SIP feature that enables Customer(s) to save a fixed amount on a daily basis to invest in Indian stocks. INDstocks Private Limited (formerly known as INDmoney Private Limited) 616, Level 6, Suncity Success Tower, Sector 65, Gurugram, 122005, SEBI Stock Broking Registration No: INZ000305337, Trading and Clearing Member of NSE (90267, M70042) and BSE, BSE StarMF (6779), SEBI Depository Participant Reg. No. IN-DP-690-2022, Depository Participant ID: CDSL 12095500, Research Analyst Registration No. INH000018948 BSE RA Enlistment No. 6428. Refer to https://indstocks.com/pricing?type=indian-stocks; https://www.indstocks.com/page/indian-stocks-sip-terms-and-condition for further details.