Aegis Vopak Terminals, a prominent player in the logistics and terminal services sector, is gearing up for its much-awaited Initial Public Offering (IPO). The company is all set to make its debut in the Indian stock market, and investors are keenly watching the IPO’s details. If you’re considering participating, here’s everything you need to know.
Aegis Vopak Terminals IPO Overview
Aegis Vopak Terminals is a joint venture between Aegis Logistics ltd and Royal Vopak, a global leader in tank storage and logistics services. The company specializes in providing storage and terminal handling services for bulk liquid chemicals, petrochemicals, and oil products. With a strategic network of facilities across India, the company plays a crucial role in the country’s supply chain for chemicals and petroleum.
Aegis Vopak Terminals IPO Details
| IPO Date | May 26, 2025 to May 28, 2025 |
| Listing Date | Jun 2, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹223 to ₹235 per share |
| Lot Size | 63 Shares |
| Total Issue Size | 11,91,48,936 shares (aggregating up to ₹2,800.00 Cr) |
| Fresh Issue | 11,91,48,936 shares (aggregating up to ₹2,800.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 98,88,42,553 shares |
| Share Holding Post Issue | 1,10,79,91,489 shares |
Aegis Vopak Terminals IPO Date and Time
| IPO Open Date | Mon, May 26, 2025 |
| IPO Close Date | Wed, May 28, 2025 |
| Tentative Allotment | Thu, May 29, 2025 |
| Initiation of Refunds | Fri, May 30, 2025 |
| Credit of Shares to Demat | Fri, May 30, 2025 |
| Tentative Listing Date | Mon, Jun 2, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 28, 2025 |
IPO Launch Date and Subscription Period
The Aegis Vopak Terminals IPO will open for subscription on May 29, 2025, and will close on June 2, 2025. Investors have a limited window to subscribe, so it’s essential to keep track of these dates if you plan to participate.
Price Band and Issue Size
The price band for the Aegis Vopak Terminals IPO has been set between ₹ 150 to ₹ 158 per share. The company is offering a total of 40 million shares as part of the public issue. This includes both a fresh issue of shares and an offer for sale (OFS) by existing shareholders. The issue size is estimated to be around ₹ 630 crore (approximately).
Offer Details
- Fresh Issue: ₹ 380 crore
- Offer for Sale (OFS): ₹ 250 crore
- Face Value: ₹ 10 per equity share
- Lot Size: The minimum lot size for application is 90 shares, which means you will need to apply for at least ₹ 14,220 worth of shares at the upper price band.
Aegis Vopak Terminals IPO Grey Market Premium (GMP)
The Grey Market Premium (GMP) is an unofficial indicator that reflects the demand for an IPO before it officially opens. As of the latest updates, Aegis Vopak Terminals IPO has been seeing strong demand in the grey market, with the GMP standing at around ₹ 30 to ₹ 35 per share. This suggests that all investors are optimistic about the IPO, with a potential listing gain expected.
Financial Performance and Prospects
Aegis Vopak Terminals has shown steady growth in recent years, with a solid financial track record. The company has benefited from the increasing demand for bulk liquid storage, particularly from the chemicals, petrochemicals, and oil industries. As India continues to grow as a major player in the global supply chain, Aegis Vopak’s facilities are poised to play an even more significant role in the future.
For the fiscal year 2024, the company reported a revenue of ₹ 1,500 crore and a net profit of ₹ 250 crore, signaling strong fundamentals. The company has also made significant investments in expanding its storage capacity and upgrading its facilities.
Why Invest in Aegis Vopak Terminals IPO?
- Strong Backing: Aegis Vopak Terminals benefits from the expertise and experience of two prominent entities: Aegis Logistics and Royal Vopak. This gives the company a robust operational foundation and international exposure.
- Growing Market: With India being one of the largest consumers of chemicals and petrochemicals, the demand for storage facilities and terminal services is only set to rise. This offers a favorable growth outlook for Aegis Vopak.
- Strategic Locations: The company’s terminals are strategically located near key ports and industrial hubs in India, allowing it to capitalize on the growing trade and logistics sector.
- Attractive Valuation: Based on early indications from GMP and market sentiment, the IPO seems reasonably priced compared to industry peers, making it an attractive proposition for investors.
Risks to Consider
As with any investment, there are risks involved. Investors should keep in mind that the performance of the logistics and terminal services sector is closely tied to the overall economy and industrial growth. Any slowdown in the economy or disruption in the supply chain could impact the company’s revenue growth. Additionally, regulatory changes and global market fluctuations can also affect operations.
How to Apply for Aegis Vopak Terminals IPO?
Investors can apply for Aegis Vopak Terminals IPO through various ways:
- ASBA (Application Supported by Blocked Amount): Available through banks and brokers, ASBA allows investors to apply for the IPO while ensuring that their funds are blocked until the shares are allocated.
- UPI (Unified Payments Interface): Retail investors can apply using UPI by linking their bank accounts with the IPO application. This process is quick and easy.
- Broker Platforms: Many online brokers and investment platforms allow IPO applications directly through their mobile apps or websites.
Conclusion
The Aegis Vopak Terminals IPO is an exciting opportunity for investors looking to tap into the fast-growing logistics and terminal services sector in India. With a solid financial track record, strategic partnerships, and favorable market conditions, the company is well-positioned for long-term growth. However, like any investment, it comes with its own set of risks, so it’s important to do thorough research before making an investment decision.
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