Should You Apply? Aegis Vopak Terminals IPO Full Review (2025)
IPO Details
- Opening Date: 26 May 2025
- Closing Date: 28 May 2025
- Listing Date: 2 June 2025
- Price Band: ₹223 – ₹235
- Lot Size: 63 shares
- Minimum Investment: ₹14,805
- IPO Type: Bookbuilding
- Total Issue Size: ₹2,800 Cr
- Fresh Issue Shares: 11.91 Cr
- Face Value: ₹10
- Exchanges: BSE, NSE
IPO Reservation
- QIB: Not less than 75%
- Retail: Not more than 10%
- NII: Not more than 15%
Lot Size & Investment
- Retail: 1 lot (63 shares) – ₹14,805
- Retail Max: 13 lots (819 shares) – ₹1,92,465
- sHNI: 14 lots (882 shares) – ₹2,07,270
- bHNI: 68 lots (4284 shares) – ₹10,06,740
Financials (₹ in Crore)
-
- FY 2024: Revenue: 570.12 | PAT: 86.54 | Net Worth: 1151.94 | Assets: 4523.40 | Borrowing: 2586.42
- FY 2023: Revenue: 355.99 | PAT: -0.08 | Net Worth: 1098.20 | Assets: 3481.48 | Borrowing: 1745.17
- FY 2022: Revenue: 0.00 | PAT: -1.09 | Net Worth: -0.53 | Assets: 102.56 | Borrowing: 98.10
- Dec 2024 (9M): Revenue: 476.15 | PAT: 85.89 | Net Worth: 2037.61 | Assets: 5855.60 | Borrowing: 2485.75
Key Ratios
- ROE: 8.68%
- ROCE: 8.39%
- Debt to Equity: 2.59
- PAT Margin: 15.18%
- Price to Book: 17.71
- EPS (Post IPO): ₹0.91
- P/E (Post IPO): 259.32
Objectives of the Issue
- Repayment/prepayment of borrowings
- Acquisition of cryogenic LPG terminal at Mangalore
- General corporate purposes
Company Overview
- Incorporation Year: 2013
- Business: LPG & liquid storage terminals
- Capacity: Liquids: 1.5 million m³ | LPG: 70,800 MT
- Key Ports: Haldia, Kochi, Mangalore, Pipavav, Kandla
- Employees: 392 (as of June 30, 2024)
Promoters
- Aegis Logistics Ltd.
- Vopak India B.V.
- Koninklijke Vopak N.V.
- Others
- Shareholding Pre-Issue: 97.41%
- Shareholding Post-Issue: 85.93%
Registrar & Contact
- Registrar: Link Intime
- Email: aegisvopak.ipo@linkintime.co.in
- Website: aegisvopak.com
