SBI Funds, DSP India Fund, Think India invest Rs 144 cr in Aequs in pre-IPO round
Published on: Nov. 11, 2025, 11:39 a.m. | Source: The Economic Times
Aequs Ltd has secured approximately Rs 144 crore in a pre-IPO funding round from SBI Funds Management, DSP India Fund, and Think India Opportunities Fund. This capital infusion reduces the fresh issue size of its upcoming IPO to around Rs 576 crore. The funds will be utilized for loan repayment, machinery acquisition, and strategic growth initiatives.
