Aegis Vopak Terminals Limited IPO
Aegis Vopak Terminals IPO is a bookbuilding of ₹2,800.00 crores. The issue is entirely a fresh issue of 11.91 crore shares.
Aegis Vopak Terminals IPO bidding opened for subscription on May ...
Aegis Vopak Terminals IPO price band is set at ₹223 to ₹235 per share. The minimum lot size for an application is 63. The minimum amount of investment required by retail investors is ₹14,049. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹14,805. The minimum lot size investment for sNII is 14 lots (882 shares), amounting to ₹2,07,270, and for bNII, it is 68 lots (4,284 shares), amounting to ₹10,06,740.
Read moreIPO Timeline
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26 May 2025Bidding Starts
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28 May 2025Bidding Ends
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29 May 2025Allotment Finalization
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30 May 2025Refund Date
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30 May 2025Demat Date
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02 Jun 2025Listing Date
Aegis Vopak Terminals Limited IPO Financial Result in crore
| Year | Asset | Revenue | Profit |
|---|---|---|---|
| 31 Mar 2022 | 102.56 Cr | 00 Cr | -1.09 Cr |
| 31 Mar 2023 | 3,481.48 Cr | 355.99 Cr | -0.08 Cr |
| 31 Mar 2024 | 4,523.40 Cr | 570.12 Cr | 86.54 Cr |
| 31 Dec 2024 | 5,855.60 Cr | 476.15 Cr | 85.89 Cr |
About Aegis Vopak Terminals Limited IPO
About the company
Aegis Vopak Terminals is one of India’s largest third-party owners and operators of tank storage terminals for LPG and liquid products. The company operates
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The company has a diversified customer base covering traders, manufacturers, and chemical and fuel marketing companies, both domestic and international. As of December 31, 2024, approximately 47.14% of its customers utilised multiple terminals operated by the company to efficiently access markets in various regions.
The company plans to further expand its infrastructure, with ongoing projects expected to add 1.1 lakh MT of LPG storage capacity by FY26, taking the total LPG storage capacity to 2.00 lakh MT. The company recently added approximately 101,900 cubic metres of liquid storage capacity at its JNPA terminal in Navi Mumbai.
Strengths
Largest operator of storage terminals: The company is one of India's largest third-party owner and operator of tank storage terminals for LPG and liquid products, with a network holding approx 1.50 million cubic metres for liquids and 70,800 MT for LPG, contributing approx 11.52% of national LPG capacity and ~25.53% of third-party liquid storage.
Strong financial performance: The company has a strong financial performance, with revenue increasing from ₹353.33 crore in FY23 to ₹561.76 crore in FY24, and EBITDA rising from ₹231.96 crore to ₹405.89 crore over the same period. Backed by industry-leading efficiency and low capital intensity, they have also maintained high EBITDA margins of 65.16% in FY23 and 71.19% in FY24.
Risks and threats
Operational risks: The company is exposed to operational risks such as equipment failure, accidents, natural disasters, and hazardous material incidents, which, despite strong safety protocols and limited past incidents, could adversely impact its business, operations
High dependence on clients: The company derives a significant portion of its revenue from its top 10 customers (over 44% in recent periods), and any loss, reduction, or non-renewal of these short-term contracts could adversely impact its business and financial performance.
Aegis Vopak Terminals IPO objective
The company plans to raise ₹2,800 via a fresh issue. Net proceeds from the IPO will be used towards the following objectives:
- Repayment of outstanding borrowings: The company will use ₹2,015.9 crore out of the net proceeds to repay/prepay certain outstanding borrowings.
- Capital Expenditure: The company will use ₹671.3 crore to fund capital expenditure towards the contracted acquisition of the cryogenic LPG terminal at Mangalore.
- General corporate purposes: Part of the IPO proceeds will be used for general corporate purposes not exceeding 25% of the gross proceeds.
Aegis Vopak Terminals IPO Promoter Holding
| Share Holding Pre Issue | 97.41% |
| Share Holding Post Issue | 85.93% |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
FAQs
When Aegis Vopak Terminals IPO will open?
The Aegis Vopak Terminals IPO opens on May 26, 2025 and closes on May 28, 2025.
What is the lot size of Aegis Vopak Terminals IPO?
Aegis Vopak Terminals IPO lot size is 63, and the minimum amount required is ₹14,805.
When is Aegis Vopak Terminals IPO allotment?
The finalization of Basis of Allotment for Aegis Vopak Terminals IPO will be done on Thursday, May 29, 2025, and the allotted shares will be credited to your demat account by Friday, May 30, 2025.
When is Aegis Vopak Terminals IPO listing date?
The Aegis Vopak Terminals IPO listing date is not yet announced. The tentative date of Aegis Vopak Terminals IPO listing is Monday, June 2, 2025.
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