Aequs IPO, Dec. 1 -- The primary market mojo remains high as three new initial public offerings (IPOs) are set to hit Dalal Street this week on December 3, with Aequs' Rs.922 crore share sale among them.

Ahead of the share sale, Aequs' grey market premium (GMP) is trending higher in signs of strong demand for the company, backed by several marquee names like Amicus Capital, Amansa Capital, Catamaran - the family office of Infosys founder N R Narayana Murthy -, and Sparta Group.

Aequs IPO GMP today is Rs.43.5 - the highest so far. At the prevailing GMP and upper end of the price band, Aequs listing price could be Rs.167.5, a premium of 35.08%.

The company on Friday announced the price band of Rs.118-124 per share, valuing at over Rs.8,3...