Stocks to Watch, 25 March: Stocks like Sanathan Textiles, Ceigall India, JB Chemicals & Pharmaceuticals, Waaree Energies, NTPC Green Energy, Nitco, Aequs, Bosch Home Comfort India, Natco Pharma, Bharat Petroleum Corporation, and Rashi Peripherals will be in focus on March 25.
Aravind Melligeri, executive chairman & CEO of Aequs, says new Hosur facility will deepen domestic engine manufacturing capabilities with focus on exports and long-term value addition
Founded as QuEST Global Manufacturing, Aequs established its aerospace special economic zone (SEZ) on 250 acres in Belagavi in 2008.
Japan’s MinebeaMitsumi to invest Rs 1,980 crore in semiconductor and motors facility in Tiruvallur; Aequs Group commits Rs 4,000 crore for aerospace and defence complex in Krishnagiri
Stocks to Watch, 10 December: Stocks like Swiggy, Highway Infrastructure, Zydus Lifesciences, IRB Infrastructure Developers, GPT Infraprojects, National Aluminium Company, Dilip Buildcon, Graphite India, Anupam Rasayan India, HG Infra Engineering, JSW Energy, Meesho, Aequs, and Vidya Wires will be in focus on December 10.
Shares of Meesho, Aequs and Vidya Wires are showing a firm trend in the grey market, with premiums of about 35 percent.
Meesho, Aequs, Vidya Wires IPO shares are scheduled to be listed on NSE and BSE on December 10, while allotment is likely to be finalised on December 8.
Aequs IPO share allotment is likely to be finalised on December 8, while share listing is scheduled to take place on December 10.
From forging jet-engine parts to making toys, the company has a rare vertically integrated platform
Aequs IPO | The initial share sale will open for subscription on December 3 and close on December 5.
Despite the demand visibility, Aequs continues to face long production and qualification cycles common in aerospace manufacturing.
Meesho, Aequs and Vidya Wires will open their mainboard IPOs for public subscription on Wednesday, December 3.
Aequs IPO | The company is valued at over Rs 8,300 crore at the potential offer price of Rs 123.97 per share.
The company has diversified from aerospace manufacturing into consumer products such as toys, cookware, and electrical components.
Airbus had earlier contracted Dynamatic Technologies for one of the largest aerospace export orders to Indian companies for the manufacturing and assembly of A220 Family aircraft doors.
Karnataka’s Minister for Large and Medium Industries MB Patil on October 29 unveiled the FMCG manufacturing ecosystem developed by Aequs Infra at the Hubballi cluster
The MoU aims to develop a business plan for a jointly-owned engine MRO business in the Aequs Special Economic Zone, Belagavi, Karnataka.