Aegis Vopak IPO: GMP Rises From Nil To Rs 17 Ahead Of May 26 Launch; Check Details
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Aegis Vopak IPO GMP: According to various market observers, Grey Market Premium (GMP) of Aegis Vopak Terminals IPO stands at a premium of 7 per cent.
Aegis Vopak IPO: Aegis Vopak Terminals IPO is scheduled to open tomorrow, May 26, and will be available for subscription until May 28. The company specializes in storage solutions for LPG and liquid products, with the issue amounting to Rs 2800 crore.
The IPO will be open from May 26 to May 28. The IPO consists entirely of a fresh issue of 11.91 crore shares, totaling Rs 2,800 crore, with no offer-for-sale component.
Aegis Vopak IPO Price Bank
Aegis Vopak Terminals IPO price band is set between Rs 223 and Rs 235 per share.
Retail investors can apply for a minimum of one lot, comprising 63 shares. At the upper price band, this equates to an investment of Rs 14,805. For small HNIs, the minimum application is 14 lots or Rs 2.07 lakh.
advetisement
Aegis Vopak IPO Allotment And Listing Dates
The tentative allotment date for Ageis Vopak Terminals IPO is Thursday, May 29. Shares are expected to list on BSE and NSE on Monday, June 2025.
Aegis Vopak IPO Purpose
The funds raised will be used to repay or prepay certain borrowings, finance the acquisition of a cryogenic LPG terminal in Mangalore, and for general corporate purposes.
Aegis Vopak IPO GMP
According to various market observers, Grey Market Premium (GMP) of Aegis Vopak Terminals IPO stands at a premium of 7 per cent (Rs 17), ahead of the launch day on May 26. It showed a good gain given the nil GMP previously.
Aegis Vopak
Aegis Vopak operates two LPG and 16 liquid storage terminals across five major Indian ports: Haldia, Kochi, Mangalore, Pipavav, and Kandla. These terminals handle various products, including petroleum, chemicals, edible oils, and industrial gases like propane and butane.
Storage Capacity and Reach As of June 2024, the company boasts a liquid storage capacity of 1.5 million cubic meters and an LPG capacity of 70,800 metric tons, making it one of India's largest storage providers.
Aegis Vopak Financials
Financial Performance For FY24, the company reported a revenue of Rs 570.12 crore and a net profit of Rs 86.54 crore. For the nine months ending December 2024, the PAT was Rs 85.89 crore.
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New Delhi, India, India
First Published:
May 25, 2025, 10:34 IST
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