Aequs IPO price band, Nov. 28 -- Aeques Limited, a precision components manufacturer operating in the aerospace and consumer segments, has announced the price band for its upcoming initial public offering (IPO) at Rs.118-124 per share.

Aequs IPO will hit the Indian stock market next week, on December 3, and will close on December 5. The company is set to make its stock market debut on December 12.

Meanwhile, the anchor book for the offer will open on Tuesday, December 2.

The IPO comprises a fresh issue of shares worth Rs.670 crore, along with an Offer For Sale (OFS) of 2.03 crore shares valued at Rs.252 crore by promoters and existing investors, taking the total issue size to Rs.922 crore.

Amicus Capital, Melligeri Private Family Foun...