Archive · 2 Jun 2025
Aegis Vopak Terminals IPO Set to List on June 2
Imagine a company called Aegis Vopak Terminals, which stores and handles liquids and gases like oil and LPG.
This company is opening up its shares to the public in an Initial Public Offering (IPO).
This means anyone can buy a piece of the company!
The IPO is happening on June 2nd.
The company aims to raise ₹2,800 crore, which will be used to pay off debts and expand its operations, including buying a terminal in Mangalore.
Before it officially started, investors were already interested, with the shares expected to be around ₹236.5 each.
The company made ₹154 crore in revenue in 2024 and a net profit of ₹25.78 crore.
Aegis Vopak Terminals' IPO is scheduled to list on June 2.
The IPO aims to raise ₹2,800 crore through the sale of shares.
Shares were offered in the range of ₹223-235 each.
The company plans to use the funds for debt repayment and capital expenditure.
In fiscal year 2024, Aegis Vopak Terminals reported a revenue of ₹154 crore and a net profit of ₹25.78 crore.
- Who
- Aegis Vopak Terminals, a joint venture between Aegis Logistics and Vopak India BV, is conducting the IPO.
- What
- Aegis Vopak Terminals is launching an IPO.
- When
- The IPO will list on June 2.
- Where
- Dalal Street
- Why
- Proceeds will be utilized for debt repayment and capital expenditure.
- IPO Date
- June 2
- Issue Size
- ₹2,800 crore
- Share Price
- ₹223-235 per share
- GMP (May 30)
- ₹1.5
- Listing Price Estimate
- ₹236.5 per share
- Company Valuation
- ₹26,038 crore
- Fiscal 2024 Revenue
- ₹154 crore
- Fiscal 2024 Net Profit
- ₹25.78 crore