Aegis Vopak Terminals IPO

2.19x

subscribed

Aegis Vopak Terminals IPO

listed
₹14,049Min. investment
  1. Pre-apply
    23 May
  2. Bid start
    26 May
  3. Bid end
    28 May
  4. Allotment
    29 May
  5. Release of funds
    30 May
  6. Demat transfer
    30 May
  7. Listing
    2 Jun

About Aegis Vopak Terminals Limited

Price range₹223 – ₹235
IPO type
Regular
Lot size63 shares
Issue size₹2,800Cr
Red Herring Prospectus
Read
Market Cap
₹26,037CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹561.76CrLower than sector avg

Aegis Vopak Terminals Limited IPO Overview

Aegis Vopak Terminals Limited IPO Date

Aegis Vopak Terminals IPO will open for subscription on May 26, 2025, and the closing date for the IPO is May 28, 2025. After this, investors are expected to be updated about the allotment status on Thursday, May 29, 2025.

Investors who have been allotted shares can expect them to be credited to their demat account on May 30, 2025. The shares will be listed on the NSE and the BSE on Monday, June 02, 2025.

Aegis Vopak Terminals IPO Price Band

Aegis Vopak Terminals IPO is a fresh issue of shares. The IPO price band has been set between ₹223 to ₹235 per share. Interested investors can choose a price within this band to apply for the IPO.

The Aegis Vopak Terminals IPO listing price will be determined on June 02, 2025. The listing price is the price at which a company’s shares debut on the stock exchanges.

Aegis Vopak Terminals IPO Lot Size

The Aegis Vopak Terminals IPO details have been declared. The minimum lot size for an application is 63 shares, and the investor would have to apply for a minimum of 1 lot. Meanwhile, the IPO issue size is approximately ₹2,800 crore.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹561.76Cr
This sector
₹36,827.94Cr
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PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹86.54Cr
This sector
₹2,290.81Cr
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Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹26,037Cr
This sector
₹31,396.74Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
235.00
This sector
9.90
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
1.32
This sector
0.20
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Objectives

Repayment of borrowings
71.00%
Capital Expenditure
23.90%
General corporate purposes
5.10%

Strength and Weakness

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.

Strategic location

The company operates a strategically located network of LPG and liquid storage terminals across key Indian ports, forming a 'necklace of terminals' that handle approx 23% of liquid and approx 61% of LPG imports as of December 31, 2024.

Capacity expansion

The company demonstrates a strong track record of capacity expansion and modernisation, with well-equipped LPG and liquid terminals featuring advanced infrastructure, multimodal evacuation, and capital investments of over ₹4,756.45 crore from FY22 to 9MFY25.

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.

Diversified customer base

The company serves a diversified customer base of over 400 clients across sectors and geographies, leveraging promoter relationships and strategic locations to ensure low customer concentration, high repeat business, and long-term partnerships.

About Aegis Vopak Terminals Limited

Founded in 2013, 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 has a network of terminals with an aggregate storage capacity of approximately 1.50 million cubic metres for liquid products and 70,800 MT of static capacity for LPG.
The company operates across two primary business divisions — the gas terminal division, which involves storage and handling of LPG (including propane and butane), and the liquid terminal division, which manages storage of petroleum, chemicals, vegetable oils, and other products.

IPO Analysis

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IPO REVIEW
Aegis Vopak Terminals IPO
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IPO Subscription Status

Date
QIB
NII
Retail
Total
26-May-25
0.41 times (X)
0.03 times (X)
0.21 times (X)
0.27 times (X)
27-May-25
0.45X
0.12X
0.46X
0.36X
28-May-25
3.47X
0.56X
0.8X
2.19X

Latest News on IPO

news logo
The acquisition will help to increase the company’s storage capacity by 44,168 KL from the current 76,000 KL. The company is also building an additional storage capacity of 41,000 KL at a cost of ₹50 crore.

2 min read

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Reported Consolidated quarterly numbers for Aegis Logistics are: Net Sales at Rs 1,837.17 crore in March 2024 down 14.73% from Rs. 2,154.47 crore in March 2023. Quarterly Net Profit at Rs. 196.29 crore in March 2024 up 39.35% from Rs. 140.86 crore in March 2023. EBITDA stands at Rs. 369.92 crore in March 2024 up 38.96% from Rs. 266.20 crore in March 2023.
news logo
Aegis Vopak Terminals, a subsidiary of Aegis Logistics, is looking to file its draft red herring prospectus (DRHP) with the capital markets regulator Securities and Exchange Board of India (SEBI) in order to raise funds through an IPO, a report said. Aegis Vopak Terminals is looking to raise nearly ₹4,500 crore through a fresh issuance of shares.

2 min read

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Aegis Vopak Terminals, a subsidiary of Aegis Logistics, plans to raise ₹4,500 crore through an initial public offering (IPO) to fund expansion. The IPO will value the company at ₹35,000-₹37,500 crore. The fresh issue proceeds will entirely come into the company. In FY24, Aegis Vopak Terminals' standalone revenue grew 44% to ₹418 crore, with profits rising to ₹47 crore from ₹5 crore.
news logo
Aegis Vopak Terminals, a joint venture between India's Aegis Logistics and Dutch company Vopak, is set to file a draft red herring prospectus for an initial public offering (IPO) worth $500-550 million in the coming days. The IPO is expected to raise significant capital for the chemicals and oil storage and logistics solutions provider.
news logo
Aegis Vopak Terminals IPO has set a price range of ₹223 to ₹235 per share. The issue is solely a fresh issuance of ₹2,800 crore. There is no offer-for-sale (OFS) component.

3 min read

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Aegis Vopak Terminals IPO ?

The issue size of the Aegis Vopak Terminals IPO is 2800 Cr.

What is 'pre-apply' for Aegis Vopak Terminals IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Aegis Vopak Terminals IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.