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Largely to blame for the bloated losses was the impairment loss on goodwill of INR 48.3 Cr during the fiscal for its subsidiary Aequs Force Consumer Products Pvt Ltd
Revenue from operations also declined 4.19% to INR 924.6 Cr in FY25 as against INR INR 965 Cr a year ago
Aequs has filed its updated DRHP with SEBI for its IPO, which will comprise a fresh issue of up to INR 720 Cr and an OFS component of 3.2 Cr shares.
Bengaluru-based contract manufacturing startup Aequs
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Largely to blame for the bloated losses was the impairment loss on goodwill of INR 48.3 Cr during the fiscal for its subsidiary Aequs Force Consumer Products Pvt Ltd
Revenue from operations also declined 4.19% to INR 924.6 Cr in FY25 as against INR INR 965 Cr a year ago
Aequs has filed its updated DRHP with SEBI for its IPO, which will comprise a fresh issue of up to INR 720 Cr and an OFS component of 3.2 Cr shares.
Bengaluru-based contract manufacturing startup Aequs…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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