Archive · 2 Jun 2025
Aegis Vopak Terminals IPO Oversubscribed, Listing June 2
Aegis Vopak Terminals, a company that stores and handles liquid products and LPG, recently offered shares to the public.
The IPO, aiming to raise ₹2,800 crore, saw strong investor interest, particularly from large institutional buyers.
The funds will be used to pay off debt and invest in infrastructure, including acquiring a terminal in Mangalore.
Investors can check the status of their share applications online, with shares expected to be listed on the stock exchanges on June 2.
Aegis Vopak Terminals' IPO, seeking to raise ₹2,800 crore, closed on May 28.
The IPO was oversubscribed 2.09 times.
The price band for the IPO was ₹223 to ₹235 per share.
Allotment is expected on May 29, with listing on June 2.
Funds raised will repay debt and finance capital expenditures.
- Who
- Aegis Vopak Terminals Ltd, a joint venture of Aegis Logistics Ltd and Vopak India BV, is the issuer.
- What
- Aegis Vopak Terminals completed its ₹2,800 crore IPO.
- When
- The IPO opened May 26, closed May 28, with allotment on May 29 and listing on June 2.
- Where
- The IPO is listed on BSE and NSE. Aegis Vopak operates storage terminals across India and will acquire a terminal in Mangalore.
- Why
- Funds will be used for debt repayment and capital expenditure.
- IPO Size
- ₹2,800 crore
- Share Price
- ₹223 to ₹235
- Subscription Dates
- May 26 - May 28, 2025
- Listing Date (estimated)
- June 2, 2025
- Subscription
- 2.09 times
- Company Revenue (FY24)
- ₹154 crore
- Company Profit (FY24)
- ₹25.78 crore
- Anchor Investors
- ₹1,260 crore
