Aegis Vopak Terminals - Details
The Aegis Vopak Terminals IPO will open for subscription on May 26, 2025, and close on May 28, 2025. It is a Book Built Issue, through which the company aims to raise approximately ₹3,500 crores. The issue consists entirely of a fresh issue worth ₹3,500 crores, along with an Offer for Sale (OFS) of up to [.] equity shares with a face value of ₹10 each.
The price band for the IPO has been set at ₹223 to ₹235 per share. The allocation quota is divided as follows: 10% for retail investors, 75% for Qualified Institutional Buyers (QIBs), and 15% for High Net-worth Individuals (HNIs). The shares are proposed to be listed on both BSE and NSE, with the listing date set for June 2, 2025. The IPO allotment date is expected to be May 29, 2025.
Financially, the company has shown strong growth. It reported a revenue of ₹570.12 crores in FY 2024, up from ₹355.99 crores in FY 2023. It also turned profitable, reporting a net profit of ₹86.54 crores in 2024 compared to a loss of ₹0.08 crores in 2023. Based on these financials, the IPO appears to be a promising opportunity for long-term investors.
Aegis Vopak Terminals IPO Market Lot
The Aegis Vopak Terminals IPO minimum market lot is 63 shares with ₹14,805 application amount. The retail investors can apply up-to 13 lots with 819 shares of ₹1,92,465 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 63 | ₹14,805 |
Retail Maximum | 13 | 819 | ₹1,92,465 |
S-HNI Minimum | 14 | 882 | ₹2,07,270 |
B-HNI Minimum | 68 | 4,284 | ₹10,06,740 |
Aegis Vopak Terminals IPO Details
IPO Open Date: | May 26, 2025 |
IPO Close Date: | May 28, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹223 to ₹235 Per Share |
Issue Size: | Approx ₹3,500 Crores |
Fresh Issue: | Approx ₹3,500 Crores |
Issue Type: | Book Built Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 10% |
QIB Quota: | Not more than 75% |
NII Quota: | Not more than 15% |
Aegis Vopak Terminals IPO Valuation – FY2024 (KPI)
Check Aegis Vopak Terminals IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 8.68% |
ROCE: | 8.39% |
EBITDA Margin: | 71.19% |
PAT Margin: | 15.18% |
Debt to equity ratio: | 2.59 |
Earning Per Share (EPS): | ₹1.00 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 7.51% |
Net Asset Value (NAV): | ₹13.27 |
Aegis Vopak Terminals IPO Company Financial Report
The company reported revenue of ₹570.12 crores in 2024 against ₹355.99 crore in 2023. The company reported profit of ₹86.54 crores in 2024 against loss of ₹0.08 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹0.00 | ₹1.10 | ₹1.09 | ₹102.56 |
2023 | ₹355.99 | ₹353.39 | ₹0.08 | ₹3481.48 |
2024 | ₹570.12 | ₹449.10 | ₹86.54 | ₹4523.40 |
June 2024 | ₹156.37 | ₹119.82 | ₹25.78 | ₹4483.41 |
Aegis Vopak Terminals IPO Dates
The Aegis Vopak Terminals IPO date is May 26 and the close date is May 28. The Aegis Vopak Terminals IPO allotment will be finalized on May 29 and the IPO listing on June 2.
IPO Open Date: | May 26, 2025 |
IPO Close Date: | May 28, 2025 |
Basis of Allotment: | May 29, 2025 |
Refunds: | May 30, 2025 |
Credit to Demat Account: | May 30, 2025 |
IPO Listing Date: | June 2, 2025 |
Promoters of Aegis Vopak Terminals IPO
The promoters of the company are Aegis Logistics Limited, Huron Holdings Limited, Trans Asia Petroleum INC, Asia Infrastructure Investment Limited, Vopak India B.V., and Koninklij
ke Vopak N.V
About Aegis Vopak Terminals IPO
Incorporated in 2013, Aegis Vopak Terminals Limited (AVTL) is engaged in owning and operating storage terminals for liquefied petroleum gas (LPG) and various liquid products. The company provides secure storage infrastructure for a wide range of products, including petroleum, chemicals, vegetable oils, lubricants, and gases such as propane and butane. As of June 30, 2024, AVTL manages a total storage capacity of approximately 1.50 million cubic meters for liquid products and 70,800 metric tons (MT) for LPG.
AVTL operates through two key divisions. The Gas Terminal Division focuses on the storage and handling of LPG, including propane and butane, while the Liquid Terminal Division handles the storage of liquid products such as petroleum, chemicals, and vegetable oils. The company manages over 30 types of chemicals and more than 10 varieties of edible and non-edible oils. It operates two LPG terminals and 16 liquid storage terminals located across five major Indian ports—Haldia (West Bengal), Kochi (Kerala), Mangalore (Karnataka), and Pipavav and Kandla (Gujarat). These terminals support coastal shipping as well as import and export activities.
AVTL’s workforce has expanded significantly over the years to support its growing operations. The company had 24 full-time employees as of March 31, 2022; 316 as of March 31, 2023; 396 as of March 31, 2024; 366 as of June 30, 2023; and 392 as of June 30, 2024.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Adani Ports and Special Economic Zone Limited | 37.55 | 33.68 | 15.32% | 245.10 | 26,710.56 Cr. |
JSW Infrastructure Limited | 6.01 | 49.42 | 14.40% | 41.77 | 3,762.89 Cr. |
Objects of the Issue
Repayment or prepayment of certain outstanding borrowings availed by the Company
Funding capital expenditure for the contracted acquisition of the cryogenic L
PG terminal at Mangalore
General corporate purposes
Merchant Bankers
- ICICI Securities Limited
- Bnp Paribas
- Iifl Securities Ltd
- Jefferies India Private Limited
- Hdfc Bank Limited
Company Address
Aegis Vopak Terminals Limited
502, Skylon, G.I.D.C,
Char Rasta, Vapi, Valsad,
396195, Gujarat, India
Phone: +91 22 4193 6666
Email: secretarial@aegisindia.com
Website: http://www.aegisvopak.com/
Check Grey market premium at below
(GMP)
Aegis Vopak Terminals IPO Registrar
MUFG Intime India Private Ltd
Phone: +91-22-4918 6270
Email: aegisvopak.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html