Bookbuilding IPO | ₹2,800 Cr | Listed at BSE, NSE | Mon, May 26, 2025 - Wed, May 28, 2025
Aegis Vopak Terminals IPO is a book build issue of ₹2,800.00 crores. The issue is entirely a fresh issue of 11.91 crore shares of ₹2,800.00 crore.
Aegis Vopak Terminals IPO bidding started from May 26, 2025 and ended on May 28, 2025. The allotment for Aegis Vopak Terminals IPO was finalized on May 29, 2025. The shares got listed on BSE, NSE on Jun 2, 2025.
Aegis Vopak Terminals IPO price band is set at ₹235 per share. The lot size for an application is 63. The minimum amount of investment required by an retail is ₹14,805 (63 shares) (based on upper price). The lot size investment for sNII is 14 lots (882 shares), amounting to ₹2,07,270, and for bNII, it is 68 lots (4,284 shares), amounting to ₹10,06,740.
ICICI Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Aegis Vopak Terminals IPO RHP for detailed Information.
IPO Open
Mon, May 26, 2025
IPO Close
Wed, May 28, 2025
Issue Price
₹235 per share
Market Cap (Pre-IPO)
₹26,037.80 Cr
| IPO Date | 26 to 28 May, 2025 |
| Listed on | Mon, Jun 2, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹223 to ₹235 |
| Issue Price | ₹235 per share |
| Lot Size | 63 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 11,91,48,936 shares (agg. up to ₹2,800 Cr) |
| Fresh Issue | 11,91,48,936 shares (agg. up to ₹2,800 Cr) |
| Share Holding Pre Issue | 98,88,42,553 shares |
| Share Holding Post Issue | 1,10,79,91,489 shares |
| BSE Script Code / NSE Symbol | 544407 / AEGISVOPAK |
| ISIN | INE0INX01018 |
Aegis Vopak Terminals IPO offers total 11,91,48,936 shares. Out of which 8,93,61,703 (75.00%) allocated to QIB, 3,57,44,682 (30.00%) allocated to QIB (Ex- Anchor), 1,78,72,340 (15.00%) allocated to NII 1,19,14,893 (10.00%) allocated to RII and 5,36,17,021 (45.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 8,93,61,703 (75.00%) | NA |
| − Anchor Investor Shares Offered | 5,36,17,021 (45.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 3,57,44,682 (30.00%) | NA |
| NII (HNI) Shares Offered | 1,78,72,340 (15.00%) | NA |
| − bNII > ₹10L | 1,19,14,893 (10.00%) | 13,508 |
| − sNII < ₹10L | 59,57,447 (5.00%) | 6,754 |
| Retail Shares Offered | 1,19,14,893 (10.00%) | 1,89,125 |
| Total Shares Offered | 11,91,48,936 (100.00%) |
Investors can bid for a minimum of 63 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 63 | ₹14,805 |
| Retail (Max) | 13 | 819 | ₹1,92,465 |
| S-HNI (Min) | 14 | 882 | ₹2,07,270 |
| S-HNI (Max) | 67 | 4,221 | ₹9,91,935 |
| B-HNI (Min) | 68 | 4,284 | ₹10,06,740 |
Aegis Vopak Terminals IPO raises ₹1,260.00 crore from anchor investors. Aegis Vopak Terminals IPO Anchor bid date is May 23, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, May 23, 2025 |
| Shares Offered | 5,36,17,021 |
| Anchor Portion (₹ Cr.) | 1,260.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Jun 27, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Aug 26, 2025 |
Incorporated in 2013, Aegis Vopak Terminals Limited (AVTL) is a company that owns and operates storage terminals for liquefied petroleum gas (LPG) and various liquid products.
The company provides safe storage and related infrastructure for products like petroleum, vegetable oils, lubricants, chemicals, and gases such as propane and butane.
As of June 30, 2024, AVTL manages a total storage capacity of around 1.50 million cubic meters for liquid products and 70,800 metric tons (MT) for LPG.
AVTL runs its business through two main divisions:
The company operates two LPG storage terminals and 16 liquid storage terminals located across five major ports in India. These terminals handle coastal shipping, imports, and exports.
The terminals are located in the ports of Haldia, West Bengal (“Haldia Terminal”), Kochi, Kerala (“Kochi Terminal”), Mangalore, Karnataka (“Mangalore Terminal”), Pipavav, Gujarat (“Pipavav Terminal”), and Kandla, Gujarat (“Kandla Terminal”) have an aggregate storage capacity of approximately 1.50 million cubic meters for liquid products and 70,800 MT of static capacity for LPG.
As of March 31, 2022, 2023 and 2024 and June 30, 2023 and 2024 we had 24, 316, 396, 366, and 392 full-time employees, respectively.
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 5,855.60 | 4,523.40 | 3,481.48 | 102.56 |
| Total Income | 476.15 | 570.12 | 355.99 | 0.00 |
| Profit After Tax | 85.89 | 86.54 | -0.08 | -1.09 |
| NET Worth | 2,037.61 | 1,151.94 | 1,098.20 | -0.53 |
| Total Borrowing | 2,485.75 | 2,586.42 | 1,745.17 | 98.10 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment or prepayment of all or a portion of certain outstanding borrowings availed by the Company | 2,015.95 |
| 2 | Funding capital expenditure towards contracted acquisition of the cryogenic LPG terminal at Mangalore; and | 671.30 |
| 3 | General corporate purposes | 3.63 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 8.68% |
| ROCE | 8.39% |
| Debt/Equity | 2.59 |
| RoNW | 7.51% |
| PAT Margin | 15.18% |
| Price to Book Value | 17.71 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 0.88 | 1.03 |
| P/E (x) | 268.51 | 227.36 |
| Promoter Holding | 97.41% | 85.93% |
| Market Cap | ₹26,037.80 Cr. |
The Aegis Vopak Terminals IPO is subscribed 2.20 times on May 28, 2025 6:18:53 PM (Day 3). The public issue subscribed 0.81 times in the retail category, 3.47 times in the QIB category, and 0.59 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 3.47 | 3,57,44,681 | 12,42,01,476 |
| NII | 0.59 | 1,78,72,340 | 1,04,93,280 |
| bNII (bids above ₹10L) | 0.60 | 1,19,14,894 | 71,44,515 |
| sNII (bids below ₹10L) | 0.56 | 59,57,447 | 33,48,765 |
| Retail | 0.81 | 1,19,14,894 | 96,75,603 |
| Total | 2.20 | 6,55,31,915 | 14,43,70,359 |
Total Application : 1,35,635
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managers’ fees and commissions (including underwriting commission, brokerage and selling commission) | 77.35 |
| 2 | Commission/ processing fee for SCSBs and Bankers to the Issue and fees payable to the Sponsor Banks for Bids made by UPI Bidders. Brokerage, selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 2.14 |
| 3 | Fees payable to the Registrar to the Issue | 0.47 |
| 4 | Statutory Auditors | 0.65 |
| 5 | Industry expert | 0.46 |
| 6 | Fee payable to legal counsels | 7.68 |
| 7 | Fees payable to Independent Practicing Company Secretary | 0.02 |
| 8 | Independent Chartered Engineer | 0.10 |
| 9 | Others | |
| 10 | (a) Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | 12.45 |
| 11 | (b) Printing and stationery expenses | 1.12 |
| 12 | (c) Advertising and marketing expenses | 4.76 |
| 13 | (d) Miscellaneous | 1.92 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹235.00 | ₹235.00 |
| Open | ₹220.00 | ₹220.00 |
| Low | ₹220.00 | ₹220.00 |
| High | ₹241.95 | ₹242.00 |
| Last Trade | ₹241.95 | ₹242.00 |
Lead Manager Reports
Aegis Vopak Terminals IPO is a main-board IPO of 11,91,48,936 equity shares of the face value of ₹10 aggregating up to ₹2,800 Crores. The issue is priced at ₹235 per share. The minimum order quantity is 63.
The IPO opens on Mon, May 26, 2025, and closes on Wed, May 28, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Aegis Vopak Terminals IPO using UPI as a payment gateway. Zerodha customers can apply in Aegis Vopak Terminals IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aegis Vopak Terminals IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Aegis Vopak Terminals IPO opens on Mon, May 26, 2025 and closes on Wed, May 28, 2025.
Aegis Vopak Terminals IPO lot size is 63, and the minimum amount required for application is ₹14,805.
You can apply in Aegis Vopak Terminals IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Aegis Vopak Terminals IPO will be done on Thursday, May 29, 2025, and the allotted shares will be credited to your demat account by Fri, May 30, 2025. Check the Aegis Vopak Terminals IPO allotment status.
The Aegis Vopak Terminals IPO listing date is on Mon, Jun 2, 2025.
