Comparison between Aequs IPO and Orkla India IPO.
Aequs IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Orkla India IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Aequs IPO is up to ₹921.81 Cr whereas the issue size of the Orkla India IPO is up to ₹1,667.54 Cr. The final issue price of Aequs IPO is ₹124.00 per share and of Orkla India IPO is ₹730.00 per share.
| Aequs IPO | Orkla India IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹118.00 per share | ₹695.00 per share |
| Issue Price (Upper) | ₹124.00 per share | ₹730.00 per share |
| Issue Price (Final) | ₹124.00 per share | ₹730.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹11.00 per share | ₹69.00 per share |
| Market Lot Size | 120 shares | 20 shares |
| Fresh Issue Size | 5,40,47,958 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹670.05 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 2,03,07,393 shares | 2,28,43,004 shares |
| OFS Issue Size (Amount) | up to ₹251.76 Cr | up to ₹1,667.54 Cr |
| Issue Size Total | 7,43,55,351 shares | 2,28,43,004 shares |
| Issue Size Total (Amount) | up to ₹921.81 Cr | up to ₹1,667.54 Cr |
Aequs IPO opens on Dec 03, 2025, while Orkla India IPO opens on Oct 29, 2025. The closing date of Aequs IPO and Orkla India IPO is Dec 05, 2025, and Oct 31, 2025, respectively.
| Aequs IPO | Orkla India IPO | |
|---|---|---|
| Anchor Bid Date | Dec 02, 2025 | Oct 28, 2025 |
| Issue Open | Dec 03, 2025 | Oct 29, 2025 |
| Issue Close | Dec 05, 2025 | Oct 31, 2025 |
| Basis Of Allotment (Tentative) | Dec 08, 2025 | Nov 03, 2025 |
| Initiation of Refunds (Tentative) | Dec 09, 2025 | Nov 04, 2025 |
| Credit of Share (Tentative) | Dec 09, 2025 | Nov 04, 2025 |
| Listing date (Tentative) | Dec 10, 2025 | Nov 06, 2025 |
| Anchor Lockin End date 1 | Jan 06, 2026 | Dec 02, 2025 |
| Anchor Lockin End date 2 | Mar 07, 2026 | Jan 31, 2026 |
Aequs IPO P/E ratio is -74.71, as compared to Orkla India IPO P/E ratio of 39.11.
| Aequs IPO | Orkla India IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)Aequs Ltd.'s revenue decreased by 3% and profit after tax (PAT) dropped by 619% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Orkla India Ltd.'s revenue increased by 3% and profit after tax (PAT) rose by 13% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 64.48 | 90.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.09 | 75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | -74.71 | 39.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹8316.06 Cr. | ₹10000.21 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | -14.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 0.87 | 32.7% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹-1.66 | ₹18.67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -14.47 | 13.8% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aequs IPO Retail Individual Investors (RII) are offered 74,17,835 shares while in Orkla India IPO retail investors are offered 74,17,835 shares. Qualified Institutional Buyers (QIB) are offered 2,22,53,510 shares in Aequs IPO and 45,62,601 shares in Orkla India IPO.
| Aequs IPO | Orkla India IPO | |
|---|---|---|
| Anchor Investor Reservation | 3,33,80,262 shares | 68,43,900 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 2,22,53,510 shares | 45,62,601 shares |
| NII | 1,11,26,753 shares | 34,21,951 shares |
| RII | 74,17,835 shares | 79,84,552 shares |
| Employee | 1,76,991 shares | 30,000 shares |
| Others | ||
| Total | 7,43,55,351 shares | 2,28,43,004 shares |
Aequs IPO subscribed 104.30x in total, whereas Orkla India IPO subscribed 48.74x.
| Aequs IPO | Orkla India IPO | |
|---|---|---|
| QIB (times) | 122.93x | 117.63x |
| NII (times) | 83.61x | 54.42x |
| Big NII (times) | 79.86x | 65.41x |
| Small NII (times) | 91.13x | 32.44x |
| RII (times) | 81.03x | 7.06x |
| Employee (times) | 37.86x | 15.12x |
| Other (times) | ||
| Total (times) | 104.30x | 48.74x |
