<ul><li>Aequs, a Karnataka-based contract manufacturing company, has filed a confidential draft red herring prospectus with SEBI to raise $200 Mn through an IPO.</li><li>Founded in 2006, Aequs caters to aerospace, toys, and consumer durable goods industries with manufacturing units in India, France, and the US.</li><li>The startup has raised over $81 Mn in funding and counts Airbus, Boeing, Safran, and Collings Aerospace among its clients.</li><li>Aequs reported a 6.45% increase in operating revenue but a 200% expansion in net loss for FY24; it aims to go public with Aravind Melligeri as the executive chairman.</li></ul>

Aequs Files Confidential Draft Papers With SEBI, Plans To Raise $200 Mn

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