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Aequs IPO Day 2: GMP suggest 37% listing upside, heavy demand. Is it worth applying?

Aequs IPO saw strong Day 1 demand, getting subscribed 3.42 times, with retail bids soaring past 11 times. The grey market premium suggests a 37% listing upside, indicating a possible debut near Rs 170. Despite recent losses, analysts cite strong aerospace integration, high entry barriers, and attractive valuations as key positives.