Indian plane parts supplier Aequs' IPO fully subscribed within hours of open

Reuters

2025/12/03

Dec 3 (Reuters) - Indian airplane parts maker Aequs' $103 million initial public offering was fully subscribed on the first day of bidding on Wednesday, as investors were drawn by the company's long-term prospects and expansion plans amid a growing backlog of jet orders.

(Reporting by Nandan Mandayam and Kashish Tandon in Bengaluru)

((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))

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