Aegis Vopak Terminals, a subsidiary of Aegis Ltd., is coming up with an IPO (Initial Public Offering) of Rs 2800 crores. The IPO is scheduled to be open for subscription on 26th May and close on 28th May 2025. The final allotment is expected to be finalised on 29th May, 2025. The minimum lot size of an IPO is around 63 shares. As per SEBI norms, the company has decided on a price band between Rs 223- Rs 235. The retail investor is required to invest Rs 14,049 for a single lot of 63 shares. The minimum lot size investment for sNII category is 14 lots, for which an investment of Rs 2,07,270 is required, and for bNII portion, the investors are mandated to apply for 68 lots, amounting to Rs 10,06,740. The stock will list on BSE and NSE with tentative date 2nd June, 2025.
Aegis Vopak Terminals IPO GMP
According to Investorgain.com, Aegis Vopak IPO GMP stood at Zero on May 21, 2025. Importantly , the grey market price are not official figures.
Qualified Institutional Buyers would be allocated 75 percent share in the IPO, 15 percent share is reserved for non-institutional investors, and the remaining is reserved for retail investors, i.e., 10 percent.
The company had previously planned an IPO of Rs 3,500 crore, but it had now reduced it to Rs 2,800 crore. The raised capital would be used for repaying debt while simultaneously using it for the company’s further expansion by acquiring a cryogenic LNG terminal in Mangaluru.
ICICI Securities Limited, BNP Paribas, IIFL Securities Ltd., Jefferies India Private Limited, and HDFC Bank are the booking managers of the concerned IPO, while Link Intime India Private Ltd. is the registrar for the issue.
Aegis Vopak Terminals Ltd. (AVTL) is a joint venture between Aegis Logistics Limited of India and Royal Vopak of the Netherlands and is in the business of storage terminals.
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Aegis Vopak Terminals Ltd. (AVTL) is launching a Rs 2800 crore IPO from May 26th onwards to 28th, 2025. Proceeds would fund debt repayment and expansion, including acquiring a cryogenic LNG terminal in Mangaluru. ICICI Securities, BNP Paribas, and others manage the IPO. The listing is expected on June 2nd, 2025. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
