So I’ve been going through the details for the Meesho IPO and the Aequs IPO and honestly I’m kinda stuck between the two, so putting my thoughts here to see what you guys think. First impression - they’re completely different businesses.
Meesho is obviously the big consumer/commerce play, very growth heavy, very “internet company”, all that.
Aequs is the total opposite… hardcore manufacturing, aerospace, precision engineering types. So it’s basically growth vs value/industrial.
Meesho one seems huge in terms of size, lots of buzz, big anchor investors coming in, all that typical tech-IPO noise. Feels like it’ll list with a lot of hype but also feels like one of those “will it sustain or will it fade once the excitement dies?” type deals.
Aequs is way quieter. Smaller issue size, more under-the-radar, but I kinda like that too? Feels less frothy. And aerospace manufacturing is actually getting a bit of a tailwind in India right now, so it’s not a dead sector either.
GMPs seem decent for both from what I’ve seen something around the 30-40% mark for both, so not super helpful for deciding. Right now I’m kinda leaning Aequs purely because it feels less like a hype trade and more like an actual long-term business play.
But then Meesho has the whole consumption + ecommerce story behind it which could be huge if they execute,what are you guys doing?
Leaning towards Meesho or Aequs? Or just applying for both ?
