Aegis Vopak Terminals Limited IPO

Aegis Vopak Terminals Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹223 - ₹235

Total Issue

₹3,500.00 Cr

Bid Dates

26 May - 28 May

Subscription

2.09x

Est. GMP

₹2 (0.85%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Aegis Vopak Terminals Limited is the largest Indian third-party owner and operator of tank storage terminals for liquified petroleum gas (LPG) and liquid products by storage capacity, as of June 30, 2024 . The company operates a network with approximately 1.50 million cubic meters of liquid storage and 70,800 MT of LPG capacity. Its facilities handle petroleum, chemicals, vegetable oils, lubricants, and gases. With terminals across five key ports, the company manages ~26.64% of India’s third-party liquid storage and ~12.23% of LPG static capacity, supported by integrated infrastructure for multi-modal evacuation.

Lot Info

Lot Information for Aegis Terminals IPO
Category Lots Shares 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

Category Reservation

QIB 75%
NII 15%
Ret 10%
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹3,500.00 Cr
Fresh Issue
₹3,500.00 Cr (14.89 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of Issue

  1. Repayment of certain outstanding borrowings availed by our Company
  2. Funding capital expenditure towards contracted acquisition of the cryogenic LPG terminal
  3. General corporate purposes

Grey Market Premium

GMP ₹2
Est. Price ₹237
Est. Gain 0.85%

Aegis Terminals IPO Peer Comparison

(Rs. in crores)

Aegis Terminals IPO Peer Comparison Table
Particulars Aegis Terminals Adani Ports JSW Infra
Revenue from Ops (in Crs.) 561.76 26,710.56 3,762.89
PAT (In Crs.) 86.54 8,103.99 1,160.69
EPS - Basic 1.00 37.55 5.88
NAV per share 13.27 245.10 41.77
RONW 7.51% 15.32% 14.40%
EBITDA 70.77% 59.39% 52.21%
PAT Margin 15.18% 28.73% 28.78%
Price to earning (PE) 235.00 37.48 49.02
Debt to Equity 2.59 0.85 0.53
  • All information pertains to FY 2023-24.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 16, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Aegis Terminals IPO
Particulars Dec-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 464.18 561.76 353.33 0.00
Profit after Tax 85.89 86.54 -0.08 -1.09
Net Worth 2,037.61 1,151.94 1,098.20 -0.53
Total Borrowing 2,485.75 2,586.42 1,745.17 98.10
Total Assets 5,855.60 4,523.40 3,481.48 102.56
NAV per share (in ₹) 20.61 13.27 12.65 -0.01
EPS - Basic (in ₹) 0.92 1.00 - -0.03

KPIs

EBITDA

71.19%

PAT

15.18%

ROE

8.68%

ROCE

8.39%

Debt to Equity

2.59

PE Ratio

235.00

PB Ratio

17.71

Mkt Cap (in Crs.)

26,737.80

  • All the data pertains to FY 2023-24
  • PE, PB, and market capitalization are calculated based on the Upper Price Band

Shareholding

Promoter

97.41%

Public

2.59%

Aegis Logistics Limited 50.10%
Vopak India B.V. 47.31%

Management

Raj Chandaria Chairman & MD
Manoj Sharma CFO

Registrar & Lead Managers

Registrar

MUFG Intime India

MUFG Intime India

Subscription Status

Updated as on 28-May-2025 19:00:00

Mainboard Subscription Status for Aegis Terminals IPO
Category Sub (x) Offered Bids
QIB 3.47 3,57,44,681 12,42,01,476
NII 0.59 1,78,72,340 1,04,93,280
bHNI 0.60 1,19,14,894 71,44,515
sHNI 0.56 59,57,447 33,48,765
Retail 0.81 1,19,14,894 96,78,186
Total 2.20 6,55,31,916 14,43,72,942

Frequently Asked Questions

What is Aegis Terminals IPO?
Aegis Terminals IPO is a Mainboard IPO having an issue size of ₹3,500.00 Crs. Aegis Terminals IPO is priced at ₹223 - ₹235 per share. The issue opens on 26 May 25 and closes on 28 May 25.
When will Aegis Terminals IPO open?
Aegis Terminals IPO opens on 26 May 25 and closes on 28 May 25.
What is the GMP of Aegis Terminals IPO?
The estimated Grey Market Premium of Aegis Terminals IPO is ₹2 per share (0.85%).
What is the lot size of Aegis Terminals IPO?
The minimum lot size of Aegis Terminals IPO is 63 shares & the minimum application amount is Rs. 14805.
When is the allotment of Aegis Terminals IPO?
The allotment date of Aegis Terminals IPO is 29 May 25.
What is the listing date of Aegis Terminals IPO?
The listing date of Aegis Terminals IPO is 02 Jun 25.
What is the subscription of Aegis Terminals IPO?
Aegis Terminals IPO is subscribed 2.09 times.
What is the price band of Aegis Terminals IPO?
Aegis Terminals IPO is priced at ₹223 - ₹235 per share.
How to check allotment status of Aegis Terminals IPO?
Click the allotment link on Aegis Terminals IPO page of IPO360.
How to apply Aegis Terminals IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Aegis Terminals IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Aegis Terminals IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Aegis Terminals IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date