Aegeus Technologies IPO
Aegeus Technologies IPO is an SME IPO raising ₹24 Cr at ₹100 – ₹105 a share. It listed on 11 Aug 2026 at ₹125, +18.6% against its issue price of ₹105, and trades at ₹145 today (+38.2% since issue). It was subscribed 24× in total.
24.3 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Where your money goes
Only the fresh issue reaches the company. The offer for sale is existing shareholders selling their own stock — that money goes to them, not the business.
A red herring prospectus is filed before the price is fixed, so it states share counts rather than rupee amounts. derived: shares x cut-off price Rs105 + OFS by subtraction from exchange total Rs24 Cr. Checked: exchange issue size Rs24 Cr vs derived Rs24 Cr (0.0% apart).
What the fresh money funds
The stated uses of the net proceeds, from the prospectus’s Objects of the Issue table. Only the fresh issue funds these — the offer-for-sale money goes to the selling shareholders above.
As stated in the prospectus. “General corporate purposes” is the part with no committed use; SEBI caps it at 25% of the issue.
The price they’re asking
From the prospectus’s own “Basis for Issue Price” — the issuer’s earnings multiple against the peers it chose to compare itself with.
The issuer names no comparable listed companies: “We believe that there are no comparable listed peer of our company and therefore information related to peer is not provided. Considering the nature and turnover of business of the Company, there so no peers who are comparable. (The only company shown in the peer comparison table is Aegeus Technologies Limited, which is the issuer itself; its Industry P/E is also marked NA.)”
derived: cut-off price Rs105 / stated EPS Rs6.57 (FY2025-26 (year ended March 31, 2026), Basic & Diluted EPS, as per restated consolidated financial statements). Peer figures are as printed in the prospectus — they date from its filing, not today. A multiple is one lens, not a verdict.
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Not here yet
The anchor-investor allocation — which institutions were allotted shares before bidding opened — is still to be read out of its document.