The Aegis Vopak Terminals IPO is scheduled to open for subscription from May 26 to May 28, 2025. The IPO is a Book Built Issue and will be listed on both the BSE and NSE, with the listing date set for Monday, June 2, 2025. The issue comprises a total of 11,91,48,936 fresh equity shares, aggregating up to ₹2,800 crore. The shares have a face value of ₹10 each, and the price band has been fixed between ₹223 and ₹235 per share. Investors can apply for a minimum of one lot, which consists of 63 shares, amounting to ₹14,805, while the maximum application for retail investors is 13 lots or 819 shares, totaling ₹1,92,465.
Key dates to note in the IPO timeline include the basis of allotment on Thursday, May 29, 2025, initiation of refunds and credit of shares to demat accounts on Friday, May 30, 2025, followed by the listing on June 2, 2025.
Incorporated in 2013, Aegis Vopak Terminals Limited is India’s largest third-party owner and operator of tank storage terminals for liquefied petroleum gas (LPG) and various liquid products. As of December 31, 2024, the company operates with an aggregate storage capacity of approximately 1.68 million cubic meters for liquids and 70,800 metric tons of static LPG capacity.
Aegis Vopak Terminals offers safe, secure infrastructure for storing and handling products such as petroleum, chemicals, vegetable oils, lubricants, and gases like propane and butane.
Aegis Vopak Terminals Limited operates through two core segments:
1. Gas Terminal Division
2. Liquid Terminal Division
Aegis Vopak Terminals Limited operates a strategically located network of terminals across six major Indian ports—Haldia (West Bengal), Kochi (Kerala), Mangalore (Karnataka), Pipavav (Gujarat), Kandla (Gujarat), and JNPA in Navi Mumbai (Maharashtra). These ports play a crucial role in India’s import and coastal shipping ecosystem.
Collectively, they account for approximately 23% of the country’s liquid imports and 61% of total LPG imports. Notably, the Kandla and Pipavav terminals alone contributed 20.10% to India’s LPG imports in FY 2024. The Pipavav terminal stands out for its connectivity to the Western Dedicated Freight Corridor, enabling efficient transportation to northern and central India.
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.