Aegis Vopak Terminals IPO
Aegis Vopak Terminals Ltd
₹14,049 /63 sharesMinimum Investment
Aegis Vopak Terminals IPO Listing Details
Listed On | Issue Price | Listing Price | Listing Gains |
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BSE | ₹235.00 | ₹220.00 | -₹15.00 (6.38%) |
Aegis Vopak Terminals IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
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26 May ‘25 - 28 May ‘25 | ₹14,049 | 63 | ₹223 - ₹235 |
Issue Size | IPO Doc |
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2800.00Cr | |
Qualified Institutional Buyers | 3.30x |
Non-Institutional Investor | 0.56x |
Retail Individual Investor | 0.74x |
Total | 2.09x |
Aegis Vopak Terminals is an Indian third-party owner and operator of tank storage terminals for liquefied petroleum gas (LPG) and liquid products. The company operates two main divisions: the gas terminal division, which focuses on the storage and handling of LPG (including propane and butane), and the liquid terminal division, which handles a range of liquid products such as petroleum, chemicals, and vegetable oils.
The company operates a network of terminals across key ports on the west and east coasts of India, namely, Haldia, Kochi, Mangalore, Pipavav, and Kandla. They include two LPG storage terminals and 18 liquid storage terminals.;
Managing director
Mr Raj Kapurchand Chandaria
Parent organisation
Aegis Vopak Terminals Ltd
Aegis Vopak Terminals Ltd IPO
https://www.youtube.com/watch?v=AX792Bm0CN4
Strengths & Financials of Aegis Vopak Terminals
Aegis Vopak Terminals claims to be the largest third-party owner and operator of tank storage terminals in India for both LPG and liquid products, with a combined storage capacity of approximately 1.50 million cubic metres for liquids and 70,800 metric tonnes (MT) for LPG as of December 31, 2024. The company accounts for about 11.52 percent of India's total LPG static storage capacity and approximately 25.53 percent of India’s third-party liquid storage capacity, as of December 31, 2024.
The company claims to operate a network of strategically located storage terminals across five key Indian ports – Pipavav, Kandla, Haldia, Kochi, and Mangalore. These ports together handle a significant portion of India’s liquid and LPG imports, allowing Aegis Vopak Terminals to leverage geographical advantages for cost-effective distribution.
Aegis Vopak Terminals claims to have a strong track record in expanding its storage capacities and upgrading infrastructure. By leveraging Aegis’ experience in project execution and cost-effective procurement, the company claims it has increased capacity without incurring additional construction risks.
Aegis Vopak Terminals claims to have built strong relationships with a diverse customer base of over 400 clients, including major national oil marketing companies (OMCs) and businesses from various sectors such as traders, manufacturers, fuel marketing companies from both private and public sectors.
Aegis Vopak Terminals claims to have demonstrated consistent financial growth post-acquisition, with strong throughput efficiency metrics. As of December 31, 2024, the company reported one of the highest design throughput turns, with a ratio of 84.75x for its terminals.
Aegis Vopak Terminals has received a credit rating of IND AA/Stable by India Ratings and Research on March 28, 2024, for its term loans, as well as fund and non-fund-based working capital facilities.
Aegis Vopak Terminals Financials
*All values are in Rs. Cr
Application Details of Aegis Vopak Terminals IPO
Apply as | Price band | Apply upto |
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Regular | ₹223 - 235 | ₹2 Lakh |
High Networth Individual | ₹223 - 235 | ₹2 - 5 Lakh |
For Aegis Vopak Terminals IPO, eligible investors can apply as Regular.