Aegis Vopak Terminals IPO
Open MainLineCurrent GMP
₹-1 (-0.43%)
Price Band
₹ 223 – 235
Lot Size
63
Issue Size
₹3500 Cr
Minimum Investment
₹14805 (63 Shares)
Listing Date
02 June 2025
Subscription
2.09x
About the Company
Here’s a rewritten version of the text with improved clarity, flow, and structure while preserving all key information:
Aegis Vopak Terminals Limited (AVTL), incorporated in 2013, is a leading provider of storage infrastructure for liquefied petroleum gas (LPG) and various liquid products. The company owns and operates terminals that offer secure storage and handling services for a wide range of materials, including petroleum products, vegetable oils, lubricants, chemicals, and gases such as propane and butane.
As of June 30, 2024, AVTL operates with a total storage capacity of approximately 1.50 million cubic meters for liquid products and 70,800 metric tons (MT) of static capacity for LPG.
Business Divisions
AVTL operates through two primary divisions:
- Gas Terminal Division – Specializes in the storage and handling of LPG, including propane and butane.
- Liquid Terminal Division – Focuses on storing petroleum products, chemicals, and vegetable oils. The company handles over 30 types of chemicals and more than 10 types of edible and non-edible oils.
Terminal Network
AVTL runs a network of 18 storage terminals, including 2 LPG terminals and 16 liquid product terminals, strategically located across five major Indian ports:
- Haldia Terminal – West Bengal
- Kochi Terminal – Kerala
- Mangalore Terminal – Karnataka
- Pipavav Terminal – Gujarat
- Kandla Terminal – Gujarat
Together, these terminals support coastal shipping as well as import and export operations, and collectively provide the full storage capacity of 1.50 million cubic meters for liquids and 70,800 MT for LPG.
Market Leadership
AVTL is the largest third-party tank storage provider in India for both LPG and liquid products, based on storage capacity as of June 30, 2024:
- Accounts for approximately 12.23% of India’s total static LPG storage capacity
- Represents about 26.64% of India’s third-party liquid storage capacity
Its terminals collectively handle around 61% of LPG and 23% of liquid product import volumes into India, positioning the company as a vital part of the nation’s energy and chemical supply chain.
Promoters
- Aegis Logistics Limited
- Huron Holdings Limited
- Trans Asia Petroleum INC
- Asia Infrastructure Investment Limited
- Vopak India B.V.
- Koninklijke Vopak N.V.
Promoters Holding
Holding Pre Issue
97.41%
Holding Post Issue
85.93%
Objects of the Issue
he company proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Repayment or prepayment of all or a portion of certain outstanding borrowings availed by the Company.
- Funding capital expenditure towards the contracted acquisition of the cryogenic LPG terminal at Mangalore.
- General corporate purposes.
Address / Contact Info
Aegis Vopak Terminals Limited
502, Skylon, G.I.D.C,
Char Rasta, Vapi, Valsad,
396195, Gujarat, India
Phone: +91 22 4193 6666
Email: secretarial@aegisindia.com
Website: http://www.aegisvopak.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 26 May 2025
IPO Close Date
Wednesday, 28 May 2025
Basis of Allotment
Thursday, 29 May 2025
Initiation of Refunds
Friday, 30 May 2025
Credit of Shares to Demat
Friday, 30 May 2025
Listing Date
Monday, 02 June 2025 — NSE & BSE
Important Dates
Open Date
26 May 2025
Close Date
28 May 2025
Basis Of Allotment
29 May 2025
Listing Date
02 June 2025
Financial Performance (₹ in Crores)
| Particular | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 4483.41 | 4523.4 | 3481.48 | 102.56 |
| Revenue | 156.37 | 570.12 | 355.99 | 0 |
| Profit After Tax | 25.78 | 86.54 | -0.08 | -1.09 |
| Net Worth | 1177.4 | 1151.94 | 1098.2 | -0.53 |
| Reserve & Surplus | 0 | 0 | 0 | 0 |
| Total Borrowings | 2584.18 | 2586.42 | 1745.17 | 98.1 |
EPS Pre
0.88%
EPS Post
0.91%
P/E Pre
268.51
P/E (Post Issue)
259.32x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Sun, Mar 31, 2024. |
|---|---|
| ROE % | 8.68 |
| ROCE % | 8.39 |
| Debt / Equity | 2.59 |
| RoNW % | 7.51 |
| PbW | 0 |
| Pat Margin % | 15.18 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 35744681 | 54.55 | 0 |
| Non-Institutional | 17872340 | 27.27 | 0 |
| BNII | 11914894 | 18.18 | 0 |
| SNII | 5957447 | 9.09 | 0 |
| Retail Investors | 11914894 | 18.18 | 0 |
| Total | 65531915 | 100 | 0 |
Subscription Status ( Wed, 28 May 25 01:36 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 37668163 | 124201476 | 3.3x |
| Non-Institutional | 18834080 | 10493280 | 0.56x |
| BNII | 12556053 | 7144515 | 0.57x |
| SNII | 6278027 | 3348765 | 0.53x |
| Retail Investors | 12556053 | 9678186 | 0.77x |
| Total | 69058296 | 144372942 | 2.09x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 63 | 14,805.00 |
| Retail (Max) | 13 | 819 | 192,465.00 |
| S-HNI (Min) | 14 | 882 | 207,270.00 |
| S-HNI (Max) | 67 | 4,221 | 991,935.00 |
| B-HNI (Min) | 68 | 4,284 | 1,006,740.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- IIFL Capital Services Limited
- Jefferies India Private Limited
- ICICI Securities Limited
- Bnp Paribas
- Hdfc Bank Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Aegis Vopak Terminals IPO is a Book-building IPO worth ₹3500 crores. The price band is ₹223 to 235 per share. The IPO opens on Mon, May 26, 2025 and closes on Wed, May 28, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Aegis Vopak Terminals IPO opens on Mon, May 26, 2025 and closes on Wed, May 28, 2025
Aegis Vopak Terminals IPO Price Band is ₹223 to 235.
Aegis Vopak Terminals IPO lot size is 63, and the minimum amount required for application is ₹14805.
The minimum investment for Aegis Vopak Terminals IPO is approximately ₹14805 based on the upper price band.
To apply for the Aegis Vopak Terminals IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, May 28, 2025. After submission, funds are blocked until the basis of allotment of Aegis Vopak Terminals IPO is finalised.
Aegis Vopak Terminals IPO issue size is ₹3500 crores.
Aegis Vopak Terminals IPO allotment date is Sat, Jun 27, 2026.
The registrar for Aegis Vopak Terminals IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Aegis Vopak Terminals IPO through their official website or helpline.
The Aegis Vopak Terminals IPO GMP (Grey Market Premium) is ₹-1 as of Mon, Jun 2, 2025. Based on the upper price band of ₹235 per share, the estimated Aegis Vopak Terminals IPO listing price is ₹234, indicating a potential listing gain of approximately 31% over the issue price.