Eyeing Debt Reduction And Capacity Expansion With Rs 922-Crore IPO: Aequs CEO Aravind Melligeri
India’s aerospace and precision engineering sector is witnessing a major development as Aequs Private Limited, led by its CEO Aravind Melligeri, prepares to launch a Rs 922-crore Initial Public Offering (IPO). The move is strategically aimed at reducing debt, expanding manufacturing capacity, and strengthening the company’s position in the global aerospace supply chain. This IPO…