Aegis Vopak Terminals IPO

Aegis Vopak Terminals IPO is listed on BSE and NSE, priced at ₹223–₹235 per share. The stock debuted at ₹220. The IPO had a lot size of ₹63 shares and a minimum investment of ₹14,805.

Aegis Vopak Terminals Limited IPO

Mainboard Listed
₹14,805 (63 Shares)
Minimum Investment
Check Allotment
IPO Dates
May 26, 2025 – May 28, 2025
Price band
₹223-235 per equity share
Minimum Investment
₹14,805
Issue size
₹2800 Cr
Lot size
63
Allotment Date
May 29, 2025
Listing
Jun 2, 2025
Listing At
BSE, NSE

IPO timeline

  1. May 26, 2025

    Open Date

    Completed

  2. May 28, 2025

    Close Date

    Completed

  3. May 29, 2025

    Allotment Date

    Completed

  4. Jun 2, 2025

    Listing Date

    Completed

Price Summary

Last closing
206.45 (-12.15%)
52 week high
302.00
52 week low
158.00
Last update

Aegis Vopak Terminals IPO Essentials

Aegis Vopak Terminals IPO Details

Aegis Vopak Terminals IPO is priced at ₹223-235 per share with a total issue size of 2800 crore. The IPO has a lot size of 63 shares and is listed on BSE and NSE.

Issue price
₹223-235 per equity share
Lot size
63 shares
Face value
₹10 Per Equity Share
Issue size
11,91,48,936 shares(aggregating up to ₹2,800.00 Cr)
Total issue size
11,91,48,936 shares
(aggregating up to ₹2800 crore)
Fresh issue
11,91,48,936 shares
(aggregating up to ₹2800 crore)
Listing at
BSE, NSE
List price
220.0(NSE)
Listing date
Registrar
MUFG Intime India Private Limited (Formerly Link Intime India Private Limited)
Lead manager
ICICI Securities Limited, Bnp Paribas, Iifl Securities Ltd, Jefferies India Private Limited, Hdfc Bank Limited

Market Lot Size

Investors can bid for a minimum of 63 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 63 ₹14,805
Retail(max) 13 819 ₹1,92,465
sHNI(min) 14 882 ₹2,07,270
sHNI(max) 67 4,221 ₹9,91,935
sHNI(min) 68 4,284 ₹10,06,740

Aegis Vopak Terminals IPO Documents

Aegis Vopak Terminals IPO Reservation

Aegis Vopak Terminals IPO reservation details show category-wise allocation of shares. Out of the total 6,55,31,915 shares, approximately 54.55% are reserved for QIB, 27.27% for NII, and 18.18% for retail investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered NA (NA%)
QIB Shares Offered 3,57,44,681 (54.55%)
NII (HNI) Shares Offered 1,78,72,340 (27.27%)
bHNI > ₹10L 1,19,14,894 (18.18%) 13,508
sHNI < ₹10L 59,57,447 (9.09%) 6,754
Retail Shares Offered 1,19,14,894 (18.18%) 1,89,125
Total Shares Offered 6,55,31,915 (100%)

Aegis Vopak Terminals IPO Analytics

Aegis Vopak Terminals IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Aegis Vopak Terminals IPO Subscription Status

Aegis Vopak Terminals IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 3,57,44,681
1,78,72,340
1,19,14,894
59,57,447
1,19,14,894 6,55,31,915
Day 1 26-05-25 05:00 PM
0.39 x
0.03x
0.02x
0.04x
0.19 x 0.26 x
Day 2 27-05-25 05:00 PM
0.43 x
0.12x
0.11x
0.13x
0.44 x 0.35 x
Day 3 28-05-25 05:00 PM
3.30 x
0.56x
0.57x
0.53x
0.77 x 2.09 x
Total No. of Applications
bHNI sHNI Retail
1,35,633 (Approx) 0.1x 0.49x 0.64x

Aegis Vopak Terminals Valuations

Earnings

EPS Pre IPO
₹0.88/-
EPS Post IPO
₹0.91/-
P/E Pre IPO
268.51
P/E Post IPO
259.32

Returns

ROE
8.68%
ROCE
8.39%
RoNW
7.51%
PAT Margin
15.18

Fundamentals

Debt / Equity
2.59
Price / Book
17.71

Data sourced from DRHP / RHP • For educational purposes only

Aegis Vopak Terminals Financials( In Crs.)

31-Dec-24 31-Mar-24 31-Mar-23
Assets 5,855.60 4,523.4 3,481.48
Revenue 476.15 570.12 355.99
Profit After Tax 85.89 86.54 -0.08
Net Worth 2,037.61 1,151.94 1,098.2
Total Borrowing 2,485.75 2,586.42 1,745.17

Aegis Vopak Terminals Company & Offer Insights

About Aegis Vopak Terminals

Aegis Vopak Terminals Limited (AVTL) AVTL, incorporated in 2013 and a top Indian company, handles and stores liquefied petroleum gas and several liquid products. AVTL plays a vital role in the nation’s energy and industrial infrastructure with its safe storage of petroleum, vegetable oils, lubricants, chemicals, and gases.

AVTL works in two primary business sectors. Gas Terminal Division responsibilities are to handle and store LPG, including propane and butane, and enable the smooth import and distribution to all parts of the country. Liquid Terminal Division, by comparison, is responsible for petroleum product storage, along with storing over 30 types of industrial chemicals and more than 10 varieties of oils, meeting the diverse needs of many industries through its adaptable security system.

At the end of June 30, 2024, AVTL will handle a significant amount of liquid product storage space of 1.50 million cubic meters and LPG storage of 70,800 metric tons. The company has two LPG terminals and 16 storage terminals for liquids at five large ports throughout India. Ports that are a part of this network are Haldia, Kochi, Mangalore, Pipavav, and Kandla. Coastal shipping, as well as importing and exporting, depend on these terminals, making sure AVTL continues to play a key part in India’s trade and supply.

The growth of the company’s workforce has kept pace with its growing operations. The number of full-time employees on March 31, 2022, was 24, increasing to 316 in 2023 and 396 in 2024. By June 30, 2024, the number of full-time staff was 392. The company’s growth is a result of AVTL’s expanding size and its commitment to running operations well.

Its strong infrastructure, port positions, and skilled workforce make Aegis Vopak Terminals Limited an important part of India’s energy storage and warehousing sector.

Aegis Vopak Terminals Promoter(s)

Aegis Logistics Limited, Huron Holdings Limited, Trans Asia Petroleum INC, Asia Infrastructure Investment Limited, Vopak India B.V., Koninklijke Vopak N.V. are the company's promoters of Aegis Vopak Terminals.

Aegis Vopak Terminals IPO Issue Objectives

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.

Aegis Vopak Terminals IPO - Anchor Investors

Aegis Vopak Terminals IPO: Institutional investors invests Rs 1,260 crore through anchor book.

SmallCap World Fund, American Funds, Aberdeen, Government Pension Fund Global, Nomura Trust, Tocu Europe, and Goldman Sachs were some global investors who became shareholder in the company via anchor book.

Indian institutional investors such as HDFC Mutual Fund, 360 ONE Special Opportunities Fund, Motilal Oswal Mutual Fund, Bandhan Mutual Fund, SBI General Insurance Company, Baroda BNP Paribas MF, and ITI Mutual Fund also invested in the company.

Aegis Vopak Terminals IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Aegis Vopak Terminals Limited 1 0.91 13.27 N/A 7.51 N/A Consolidated
Adani Ports And Special Economic Zone Ltd. 37.55 37.55 245.1 37.48 15.32 N/A Consolidated
JSW Infrastructure Limited 6.01 5.88 41.77 49.42 14.4 N/A Consolidated

Notes:

  1. P/E Ratio computed based on closing market price of equity shares on NSE as on November 14, 2024 divided by diluted EPS for the year ended March 31, 2022.
  2. EV / Operating EBITDA Ratio is computed as market capitalization on NSE on November 14, 2024 plus net debt as on March 31, 2024, divided by Operating EBITDA for Fiscal 2024.
  3. Return on Net Worth attributable to owners (%) = Restated profit attributable to equity holders / Net worth attributable to the Company at period end. It is a non-GAAP measure.
  4. Net Asset Value per Equity Share = Net worth / Weighted average number of equity shares outstanding as at year/period end, adjusted for share subdivisions, treasury shares, and bonus issuance.

Aegis Vopak Terminals IPO - Strengths and Risks

Aegis Vopak Terminals IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Holds 11.93% of India’s total LPG tank storage capacity.
Controls 26.64% of third-party liquid storage capacity in India.
Operates 18 terminals across 5 ports with strategic presence.
Backed by Aegis and Vopak with strong execution experience.

Risks

High customer concentration risk with 48.85% revenue from top clients.
Business depends on 42.47% revenue from the oil and gas sector.
Majority terminals on the west coast pose regional concentration risk.
Limited operating history increases uncertainty in evaluating future business prospects.

Contact Information

Contact Details

Aegis Vopak Terminals

+91 22 4193 6666

secretarial@aegisindia.com

http://www.aegisvopak.com/

502, Skylon, G.I.D.C, Char Rasta, Vapi, Valsad, 396195, Gujarat, India

Registrar Contact Details

Frequently Asked Questions

Click any question to reveal the answer

Aegis Vopak Terminals IPO is a book-built IPO worth ₹2800 crore. The price band is ₹223–₹235 per share. The IPO opens on May 26, 2025 and closes on May 28, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) is the registrar.

The price band of Aegis Vopak Terminals IPO is ₹223 to ₹235 per share.

The lot size of Aegis Vopak Terminals IPO is 63 shares.

The minimum investment for Aegis Vopak Terminals IPO is approximately ₹14,805 based on the upper price band .

Aegis Vopak Terminals IPO opens on May 26, 2025 and closes on May 28, 2025.

The allotment date of Aegis Vopak Terminals IPO is May 29, 2025.

Aegis Vopak Terminals IPO is expected to be listed on Jun 2, 2025, on BSE and NSE .

Aegis Vopak Terminals IPO listed on Jun 2, 2025. It was issued at ₹220.0(NSE) and is currently around ₹206.45 as on 27-May-2026 3:30 PM, which is approximately -12.1% versus issue price. The 52-week high is ₹302.00.

Based on listing and post-listing performance, Aegis Vopak Terminals IPO delivered around -12.1% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Aegis Vopak Terminals IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Aegis Vopak Terminals IPO valuation snapshot: P/E 259.32, EPS ₹0.91/-, P/B 17.71, RoNW 7.51%, and market cap N/A.

To apply for Aegis Vopak Terminals IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Aegis Vopak Terminals IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Aegis Vopak Terminals IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Aegis Vopak Terminals IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Aegis Vopak Terminals IPO allotment status on IPO Ji for quick and easy access.