Aegis Vopak Terminals came to market through an IPO that opened on 26 May 2025 and closed on 28 May 2025, and the shares listed on 2 June 2025 on BSE, NSE. The price band was ₹223 to ₹235 per share and one lot was 63 shares, so the minimum application was ₹14,805. The issue size was ₹2800 crore. The whole issue was fresh shares, so the money raised went to the company.
MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) was the registrar to the issue, and ICICI Securities Limited, Bnp Paribas, Iifl Securities Ltd, Jefferies India Private Limited, Hdfc Bank Limited were the lead managers.
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Aegis Vopak Terminals Limited (AVTL) AVTL, incorporated in 2013 and a top Indian company, handles and stores liquefied petroleum gas and several liquid products. AVTL plays a vital role in the nation’s energy and industrial infrastructure with its safe storage of petroleum, vegetable oils, lubricants, chemicals, and gases. AVTL works in two primary business sectors.
Gas Terminal Division responsibilities are to handle and store LPG, including propane and butane, and enable the smooth import and distribution to all parts of the country. Liquid Terminal Division, by comparison, is responsible for petroleum product storage, along with storing over 30 types of industrial chemicals and more than 10 varieties of oils, meeting the diverse needs of many industries through its adaptable security system.
At the end of June 30, 2024, AVTL will handle a significant amount of liquid product storage space of 1.50 million cubic meters and LPG storage of 70,800 metric tons. The company has two LPG terminals and 16 storage terminals for liquids at five large ports throughout India. Ports that are a part of this network are Haldia, Kochi, Mangalore, Pipavav, and Kandla.
Coastal shipping, as well as importing and exporting, depend on these terminals, making sure AVTL continues to play a key part in India’s trade and supply. The growth of the company’s workforce has kept pace with its growing operations. The number of full-time employees on March 31, 2022, was 24, increasing to 316 in 2023 and 396 in 2024. By June 30, 2024, the number of full-time staff was 392.
The company’s growth is a result of AVTL’s expanding size and its commitment to running operations well. Its strong infrastructure, port positions, and skilled workforce make Aegis Vopak Terminals Limited an important part of India’s energy storage and warehousing sector.
As described in the offer document.
| Metric | 31-Dec-24 | 31-Mar-24 | 31-Mar-23 |
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Aegis Vopak Terminals IPO: Institutional investors invests Rs 1,260 crore through anchor book. SmallCap World Fund, American Funds, Aberdeen, Government Pension Fund Global, Nomura Trust, Tocu Europe, and Goldman Sachs were some global investors who became shareholder in the company via anchor book. Indian institutional investors such as HDFC Mutual Fund, 360 ONE Special Opportunities Fund, Motilal Oswal Mutual Fund, Bandhan Mutual Fund, SBI General Insurance Company, Baroda BNP Paribas MF, and ITI Mutual Fund also invested in the company.
Aegis Logistics Limited, Huron Holdings Limited, Trans Asia Petroleum INC, Asia Infrastructure Investment Limited, Vopak India B.V., Koninklijke Vopak N.V..
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Aegis Vopak Terminals IPO was a ₹2,800 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹223–₹235 per share with a lot size of 63 shares (₹14,805). The IPO was open from May 26 to May 28, 2025. Shares listed on BSE and NSE on June 2, 2025 at ₹220, a 6.4% discount to the issue price of ₹235. MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) is the registrar.
ICICI Securities Limited and 4 other book running lead managers manage the issue.
The price band of Aegis Vopak Terminals IPO is ₹223 to ₹235 per share.
The lot size of Aegis Vopak Terminals IPO is 63 shares.
The minimum investment for Aegis Vopak Terminals IPO is approximately ₹14,805 based on the upper price band.
The allotment date of Aegis Vopak Terminals IPO is May 29, 2025.
Aegis Vopak Terminals IPO's final recorded GMP before listing was ₹1 per share (level with the ₹235 upper price band). The shares listed at ₹220. GMP is unofficial and does not forecast or guarantee the actual listing price.
Aegis Vopak Terminals IPO listed on Jun 2, 2025. It was issued at ₹220.0(NSE) and is currently around ₹222.00 as on 30-Oct-2026 3:30 PM, which is approximately -5.5% versus issue price. The 52-week high is ₹320.95.
You can check Aegis Vopak Terminals IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Aegis Vopak Terminals IPO allotment status on Rupix for quick and easy access.
₹223 to ₹235 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 63 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,805.
₹14,805, for one lot of 63 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 26 May 2025 and closed on 28 May 2025.
The basis of allotment was published on 29 May 2025 by MUFG Intime India Private Limited (Formerly Link Intime India Private Limited), and allotted shares were credited to demat accounts before listing.
The shares listed on 2 June 2025 on BSE, NSE.
The issue size was ₹2800 crore. The fresh issue was 11,91,48,936 shares (aggregating up to ₹2800 crore).