Meesho, Aequs, Vidya Wires IPOs to hit D-Street next week; ₹6,642 crore at stake

Next week is set to be action-packed for Dalal Street as three mainboard IPOs — Meesho, Aequs, and Vidya Wires — hit the market, looking to collectively garner ₹6,642 crore. So far in 2025, 93 mainboard companies have made their debut on the domestic bourses, raising over ₹1.54 lakh crore, the highest tally for any calendar year during the same period.

All three IPOs will open for subscription on December 3 and close on December 5. Allotments of shares are expected to be finalised on December 8, while the tentative listing date on the BSE and NSE is December 10.

While Flipkart-rival Meesho aims to raise ₹5,421 crore, Vidya Wires and precision component manufacturer Aequs target ₹300 crore and ₹921.81 crore, respectively. All three IPOs are a combination of a fresh equity issue and an offer for sale by existing shareholders.

All you need to know about upcoming IPOs:

Aequs IPO

The IPO of Karnataka-based precision manufacturing company, having a strong presence in the aerospace segment, comprises a fresh issue of equity shares aggregating to ₹670 crore and an OFS of 2.03 crore shares worth ₹251.81 crore.

The company has fixed the price band at ₹118–₹124 per share. The lot size for retail investors is 120 shares, requiring a minimum investment of ₹14,880 at the upper end of the price band.

As per the DRHP, the company has reserved 75% of the issue for qualified institutional buyers (QIBs), 10% for retail investors, and remaining 15% for non-institutional investors (NIIs).

Aequs plans to utilise ₹433.17 crore from the fresh issue toward repayment or prepayment of outstanding borrowings. Another ₹64 crore will be used for capital expenditure toward machinery and equipment purchases, while remaining funds will be used for inorganic growth initiatives, strategic acquisitions, and general corporate purposes.

As of September 30, 2025, Aequs produced over 5,000 aerospace components across manufacturing and assembly programs for major aircraft platforms, including the Airbus A220, A320, A330, A350 and Boeing 737, 777, and 787 series.

Vidya Wires IPO

The ₹300 crore IPO of copper and aluminium wires manufacturer is a mixture of a fresh issue of 5.27 crore equity shares aggregating to ₹274 crore and an OFS of 0.50 crore shares worth ₹26.01 crore. The Gujarat-based company has fixed the price band at ₹48–₹52 per share. The minimum lot size is 288 shares, requiring retail investors to invest ₹14,976 at the upper end of the band.

Incorporated in 1981, Vidya Wires’ product portfolio includes precision-engineered winding wires, copper strips, conductors, busbars, PV ribbons, and aluminium paper-covered strips. It has scaled its manufacturing capacity to 19,680 metric tonnes (MT) per annum and plans to expand it to 37,680 MT per annum by adding a new 18,000 MTPA facility in Narsanda, Gujarat.

With its expansion plans and growing demand across key industrial sectors, Vidya Wires aims to strengthen its manufacturing capabilities and improve balance-sheet efficiency through the proposed public issue.

The company intends to utilise the net proceeds from the fresh issue towards capital expenditure of ₹140 crore for setting up a new project under its subsidiary ALCU, ₹100 crore for repayment or prepayment of certain outstanding borrowings, with the remaining funds allocated for general corporate purposes.

Meesho IPO

The e-commerce firm has set the price band at ₹105–₹111 per equity share, aiming to raise ₹5,421 crore at a market valuation of ₹50,096 crore at the upper end of the range.

The IPO of the Bengaluru-based company comprises a fresh issue of equity shares worth ₹4,250 crore and an offer for sale (OFS) of 10.55 crore shares worth ₹1,171 crore. Among the selling shareholders in the OFS are Elevation Capital, Peak XV Partners, Golden Summit, Y Combinator, and the promoters.

The lot size for the IPO is 135 equity shares and in multiples thereafter. The company has reserved 75% of the issue for QIBs, 10% for retail investors, and remaining 15% for NIIs.

Meesho plans to use the proceeds from its fresh equity issuance to enhance its cloud infrastructure through its subsidiary, Meesho Technologies Private Limited, support salaries for its AI, machine learning and technology teams, and step up investments in marketing, brand building and strategic acquisitions. A portion of the funds will also be allocated to general corporate purposes.

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