Comparison between Aequs IPO and Central Mine Planning IPO.
Aequs IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Central Mine Planning 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 Central Mine Planning IPO is up to ₹1,841.45 Cr. The final issue price of Aequs IPO is ₹124.00 per share and of Central Mine Planning IPO is ₹172.00 per share.
| Aequs IPO | Central Mine Planning IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹118.00 per share | ₹163.00 per share |
| Issue Price (Upper) | ₹124.00 per share | ₹172.00 per share |
| Issue Price (Final) | ₹124.00 per share | ₹172.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹11.00 per share | ₹8.00 per share |
| Market Lot Size | 120 shares | 80 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 | 10,71,00,000 shares |
| OFS Issue Size (Amount) | up to ₹251.76 Cr | up to ₹1,841.45 Cr |
| Issue Size Total | 7,43,55,351 shares | 10,71,00,000 shares |
| Issue Size Total (Amount) | up to ₹921.81 Cr | up to ₹1,841.45 Cr |
Aequs IPO opens on Dec 03, 2025, while Central Mine Planning IPO opens on Mar 20, 2026. The closing date of Aequs IPO and Central Mine Planning IPO is Dec 05, 2025, and Mar 24, 2026, respectively.
| Aequs IPO | Central Mine Planning IPO | |
|---|---|---|
| Anchor Bid Date | Dec 02, 2025 | Mar 19, 2026 |
| Issue Open | Dec 03, 2025 | Mar 20, 2026 |
| Issue Close | Dec 05, 2025 | Mar 24, 2026 |
| Basis Of Allotment (Tentative) | Dec 08, 2025 | Mar 25, 2026 |
| Initiation of Refunds (Tentative) | Dec 09, 2025 | Mar 27, 2026 |
| Credit of Share (Tentative) | Dec 09, 2025 | Mar 27, 2026 |
| Listing date (Tentative) | Dec 10, 2025 | Mar 30, 2026 |
| Anchor Lockin End date 1 | Jan 06, 2026 | Apr 23, 2026 |
| Anchor Lockin End date 2 | Mar 07, 2026 | Jun 22, 2026 |
Aequs IPO P/E ratio is -74.71, as compared to Central Mine Planning IPO P/E ratio of 18.41.
| Aequs IPO | Central Mine Planning 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 Consolidated)
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| Promoter Shareholding (Pre-Issue) | 64.48 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.09 | 85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | -74.71 | 18.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹8316.06 Cr. | ₹12280.80 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | -14.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 0.87 | 48.6% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹-1.66 | ₹9.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -14.47 | 36.7% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aequs IPO Retail Individual Investors (RII) are offered 74,17,835 shares while in Central Mine Planning IPO retail investors are offered 74,17,835 shares. Qualified Institutional Buyers (QIB) are offered 2,22,53,510 shares in Aequs IPO and 1,82,07,000 shares in Central Mine Planning IPO.
| Aequs IPO | Central Mine Planning IPO | |
|---|---|---|
| Anchor Investor Reservation | 3,33,80,262 shares | 2,73,10,500 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 2,22,53,510 shares | 1,82,07,000 shares |
| NII | 1,11,26,753 shares | 1,36,55,250 shares |
| RII | 74,17,835 shares | 3,18,62,250 shares |
| Employee | 1,76,991 shares | 53,55,000 shares |
| Others | ||
| Total | 7,43,55,351 shares | 10,71,00,000 shares |
Aequs IPO subscribed 104.30x in total, whereas Central Mine Planning IPO subscribed 1.05x.
| Aequs IPO | Central Mine Planning IPO | |
|---|---|---|
| QIB (times) | 122.93x | 3.48x |
| NII (times) | 83.61x | 0.35x |
| Big NII (times) | 79.86x | 0.27x |
| Small NII (times) | 91.13x | 0.52x |
| RII (times) | 81.03x | 0.35x |
| Employee (times) | 37.86x | 0.21x |
| Other (times) | ||
| Total (times) | 104.30x | 1.05x |
