Aequs Shares Debut at 13% Premium; Experts Advise Long-Term Hold

• Aequs shares debuted at a 13% premium on NSE and BSE, listing at ₹140.
• The ₹922-crore IPO was subscribed 104 times, indicating strong investor interest.
• Prashanth Tapse of Mehta Equities recommends holding the stock long-term due to competitive positioning and global client relationships.
• Aequs is an airplane parts maker with integrated aerospace manufacturing capabilities, also operating in consumer durables and plastics.
• IPO proceeds will be used for debt repayment, machinery purchases, acquisitions, and general corporate purposes.

Why It Matters: Aequs IPO listing guides investors on aerospace stock strategy.