Aegis Vopak Terminals Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹223 - ₹235
- Lot size
- 63 shares
- Issue amount
- ₹2,800 cr
- Total subscription
- 2.2×
- Opens
- 26 May 2025
- Closes
- 28 May 2025
- Allotment
- 29 May 2025
- Listing
- 2 Jun 2025
Offer at a glance
Issue overview
- Issue size
- 11,91,48,936 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,049
- Fresh issue
- ₹2,800 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,805
- Issue type
- Bookbuilding IPO
- Shares before issue
- 98,88,42,553
- Shares after issue
- 1,10,79,91,489
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 63 | ₹14,805 |
| sHNI | 14 | 882 | ₹2,07,270 |
| bHNI | 68 | 4,284 | ₹10,06,740 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| HNIs (10L+) | 13,509 | 1,403 |
| HNIs (2-10L) | 6,754 | 3,305 |
| RETAIL | 1,89,125 | 1,20,546 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 840 | 2,918.73 |
| RETAIL | 280 | 227.38 |
| HNIs 2+ | 140 | 78.7 |
| HNIs 10+ | 280 | 167.9 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 0.89 | 0.91 | 0 |
| ROE | 6.08 | 8.68 | 0 |
| ROCE | 9.58 | 7.07 | 8.39 |
| RONW | 4.22 | 7.51 | -0.01 |
| PRE IPO(PE) | 0 | 268.51 | 0 |
| POST IPO(PE) | 259.32 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Aegis Vopak Terminals Limited (AVTL), incorporated in 2013, is a leading energy infrastructure company in India, engaged in storing LPG and a wide range of liquid bulk products. The company provides safe and reliable storage infrastructure for petroleum products, chemicals, vegetable oils, lubricants, propane, and butane. AVTL operates two LPG terminals and 16 liquid storage terminals across five major ports—Haldia, Kochi, Mangalore, Pipavav, and Kandla—facilitating coastal shipping, imports, and exports. As of June 30, 2024, the company has liquid storage capacity of approx. 1.50 million cubic meters and 70,800 MT of LPG capacity, supported by a workforce of 392 employees.
Strengths
- Strategic Port Presence: Located at 5 major ports for efficient coastal, import & export operations.
- Diversified Storage Portfolio: Stores LPG, chemicals, petroleum products & vegetable oils.
- Robust Infrastructure Capacity: ~1.50 million cubic meters liquid & 70,800 MT LPG storage capacity.
Risk factors
- Customer Concentration Risk: Over 40% revenue comes from top 10 customers → high dependency risk.
- Operational Risks: Accidents, equipment failure & regulatory issues can disrupt terminal operations.
- Promoter Dependency: Heavy reliance on Promoters’ relationships may affect stability and long-term growth.
Promoters
Aegis Logistics Limited
Huron Holdings Limited
Trans Asia Petroleum INC
Asia Infrastructure Investment Limited
Vopak India B.V.
Koninklijke Vopak N.V.
Registrar & documents
Lead manager
ICICI Securities Limited, Bnp Paribas, IIFL Capital Services Limited, Jefferies India Private Limited, Hdfc Bank Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
502, Skylon, G.I.D.C, Char Rasta, Vapi, Valsad, 396195, Gujarat, India
+91 22 4193 6666
[email protected]Company website ↗Understanding AEGISVOPAK IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.