Aegis Vopak Terminals Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | May 26, 2025 to May 28, 2025 |
| Listing Date | - |
| Face Value | ₹ 10 per share |
| Issue Price Band | ₹ 223 to ₹ 235 per share |
| Lot Size | 63 Shares |
| Total Issue Size | 11,91,48,936 shares (aggregating up to ₹ 2,800.00 Cr) |
| Fresh Issue | 11,91,48,936 shares (aggregating up to ₹ 2,800.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 98,88,42,553 shares |
| Share Holding Post Issue | 1,10,79,91,489 shares |
About Aegis Vopak Terminals Limited IPO
Aegis Vopak Terminals Limited is ready to launch its Mainboard Book Building IPO on the NSE and BSE, and the issue will open on May 26, 2025. The IPO will have a fresh issue of around 11.91 crore equity shares with a face value of ₹10 each. The price band will be ₹223–₹235 with a minimum lot size of 63 shares. The company is planning to raise ₹2,800 crore through this offering. All the funds received from the IPO will be used for paying debt, capital expenditure (New LPG terminal in Mangalore), and general corporate purposes. The IPO will close on May 28, allotment is scheduled for May 29, and listing will be done on June 2, 2025.
Company History
Aegis Vopak Terminals Limited was incorporated in 2013 as a strategic partnership to address India’s growing need for efficient bulk liquid and gas storage. Over the past decade, the company has expanded its storage capacity and operational footprint, investing in modern infrastructure and technology. Today, it is recognized as a leader in the safe and efficient storage of LPG and chemicals, supporting India’s transition to cleaner energy and robust supply chains.
Aegis Vopak Terminals IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Issue |
| Retail Shares Offered | Not more than 10% of the Issue |
| NII (HNI) Shares Offered | Not more than 15% of the Issue |
Objectives of Aegis Vopak Terminals Limited IPO
As per Aegis Vopak DRHP, the objectives of the IPO are:
- 1.To repay or prepay all or a portion of certain outstanding borrowings, with an allocation of ₹2,016 crore for debt reduction.
- 2.To fund capital expenditure, specifically for the contracted acquisition of the cryogenic LPG terminal at Mangalore, with ₹671.3 crore set aside for this purpose.
- 3.To support general corporate purposes, utilizing the remaining proceeds for business growth and operational needs.
Summary
Overall, the initial public offering (IPO) of Aegis Vopak Terminals Limited gives investors a chance to take part in the top tank storage and logistics platform in India. The company is well-positioned for future growth thanks to its substantial market share in liquid storage and LPG, as well as its strategic port presence and solid asset base. The IPO's proceeds will be used to promote expansion, lower leverage, and improve operational resilience— all crucial actions as India's chemicals and energy industries continue to grow quickly.
Aegis Vopak Terminals Limited IPO Financial Information
Latest Revenue
476.15
₹ Crore
Profit After Tax
85.89
₹ Crore
Net Worth
2,037.61
₹ Crore
Total Borrowing
2,485.75
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2024 | 5,855.60 | 476.15 | 85.89 | 2,037.61 | 2,485.75 | ||||
| 31 Mar 2024 | 4,523.40 | 570.12 | 87 | 1,151.94 | 2,586.42 | ||||
| 31 Mar 2023 | 3,481.48 | 355.99 | -0.08 | 1,098.20 | 1,745.17 | ||||
| 31 Mar 2022 | 102.56 | — | -1.09 | -0.53 | 98.10 | ||||
| Amount in ₹ Crore | |||||||||
Aegis Vopak Terminals Limited Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 8.68% |
| ROCE | 8.39% |
| Debt/Equity | 2.59 |
| RoNW | 7.51% |
| PAT Margin | 15.18 |
| Price to Book Value | 17.71 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 0.88 | 0.91 |
| P/E (x) | 268.51 | 259.32 |
Frequently Asked Questions
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Competitive Strengths
1.Aegis Vopak is India’s largest third-party tank storage operator for LPG and liquid products.
2.Its terminals are strategically located at major Indian ports, ensuring efficient logistics and distribution.
3.The joint venture combines Aegis Logistics’ local expertise with Royal Vopak’s global experience.
4.The company demonstrates strong revenue growth and high operating margins.
Download regulatory filings
Aegis Vopak Terminals Limited IPO Timeline
| IPO Open Date | Mon, May 26, 2025 |
| IPO Close Date | Wed, May 28, 2025 |
| Tentative Allotment | Thu, May 29, 2025 |
| Initiation of Refunds | Fri, May 30, 2025 |
| Credit of Shares to Demat | Fri, May 30, 2025 |
| Tentative Listing Date | Mon, Jun 2, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 28, 2025 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 63 | ₹14,805 |
| Retail (Max) | 13 | 819 | ₹1,92,465 |
| S-HNI (Min) | 14 | 882 | ₹2,07,270 |
| S-HNI (Max) | 67 | 4,221 | ₹9,91,935 |
| B-HNI (Min) | 68 | 4,284 | ₹10,06,740 |


