Aegis Vopak Terminals’s initial public offering (IPO) has begun its subscription period with initial interest on the first day. The ₹2,800.00 crore IPO has witnessed early demand, reaching 0.02 times by 11:29:38 AM on the opening day, showing initial investor response to this company that owns and operates storage terminals for liquefied petroleum gas (LPG) and various liquid products, providing safe storage and related infrastructure for products like petroleum, vegetable oils, lubricants, chemicals, and gases such as propane and butane.
Aegis Vopak Terminals IPO retail investors segment leads with 0.09 times subscription, while non-institutional investors show early participation at 0.01 times and qualified institutional buyers at 0.00 times, reflecting initial investor response to this company that manages a total storage capacity of around 1.50 million cubic meters for liquid products and 70,800 metric tons (MT) for LPG as of June 30, 2024.
Aegis Vopak Terminals IPO subscription at early 0.02 times on the first day, led by Retail (0.09x), NII (0.01x) and QIB (0.00x). Check the details at 5paisa.
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Subscription Status of Aegis Vopak Terminal IPO:
| Date | QIB | NII | Retail | Total |
| Day 1 (May 26) | 0.00 | 0.01 | 0.09 | 0.02 |
Here are the subscription details for Aegis Vopak Terminal IPO as of Day 1 (May 26, 2025, 11:29:38 AM):
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
| Qualified Institutions | 0.00 | 3,57,44,681 | 0 | 0 |
| Non-Institutional Buyers | 0.01 | 1,78,72,340 | 1,51,641 | 3.564 |
| – bNII (bids above ₹10L) | 0.00 | 1,19,14,894 | 44,604 | 1.048 |
| – sNII (bids below ₹10L) | 0.02 | 59,57,447 | 1,07,037 | 2.515 |
| Retail Investors | 0.09 | 1,19,14,894 | 10,64,322 | 25.012 |
| Total | 0.02 | 6,55,31,915 | 12,15,963 | 28.575 |
Key Highlights – Day 1:
- Overall subscription at early 0.02 times, showing initial investor response on the first day for this large IPO
- Retail investors showing early interest at 0.09 times, indicating initial individual investor participation
- NII segment showing modest initial participation at 0.01 times, with smaller NIIs (below ₹10L) slightly more active
- QIB segment yet to show significant participation at 0.00 times on the first day
- Total applications reaching 13,253 on the first day, indicating initial investor awareness
- This being a large-sized IPO of ₹2,800 crores, initial subscription patterns typically build gradually over the subscription period
- First day setting the baseline for potential increased subscription in coming days
- Early participation reflecting cautious assessment of logistics and storage terminal sector opportunity
About Aegis Vopak Terminals IPO
Incorporated in 2013, Aegis Vopak Terminals Limited (AVTL) is a company that owns and operates storage terminals for liquefied petroleum gas (LPG) and various liquid products. The company provides safe storage and related infrastructure for products like petroleum, vegetable oils, lubricants, chemicals, and gases such as propane and butane.
As of June 30, 2024, AVTL manages a total storage capacity of around 1.50 million cubic meters for liquid products and 70,800 metric tons (MT) for LPG. The company operates through two main divisions: Gas Terminal Division focusing on storing and handling LPG, and Liquid Terminal Division handling storage for liquid products like petroleum, chemicals, and vegetable oils.
The company operates two LPG storage terminals and 16 liquid storage terminals located across five major ports in India – Haldia, Kochi, Mangalore, Pipavav, and Kandla. These terminals handle coastal shipping, imports, and exports. As of June 30, 2024, the company had 392 full-time employees.
Financial performance shows strong improvement with revenue increasing from ₹355.99 crores in FY2023 to ₹570.12 crores in FY2024. The company maintains profitability with PAT of ₹86.54 crores in FY2024. For the nine months ended December 2024, the company reported revenue of ₹476.15 crores with PAT of ₹85.89 crores. The company maintains financial metrics with 8.68% ROE, 8.39% ROCE, and 7.51% RONW.
Highlights of the Aegis Vopak Terminals IPO:
- IPO type: Book Building IPO
- IPO size: ₹2,800.00 crores
- Fresh Issue: 11.91 crore shares
- Face value: ₹10 per share
- Issue price band: ₹223 to ₹235 per share
- Lot size: 63 shares
- Minimum investment for retail investors: ₹14,805
- Minimum investment for sNII: ₹2,07,270 (14 lots)
- Minimum investment for bNII: ₹10,06,740 (68 lots)
- Listing at: BSE, NSE
- IPO opens: May 26, 2025
- IPO closes: May 28, 2025
- Allotment date: May 29, 2025
- Listing date: June 2, 2025
