Aegis Vopak Terminals IPO Anchor Allocation at 45.00%

Aegis Vopak Terminals IPO received a strong anchor allocation response, with 45.00% of the total IPO size subscribed by anchor investors. Out of the 11,91,48,936 shares on offer, anchor investors were allocated 5,36,17,021 shares, demonstrating significant market confidence. The anchor allocation details were reported to the stock exchanges on May 23, 2025, just ahead of the IPO opening on May 26, 2025.

The book-built issue of ₹2,800.00 crores is entirely a fresh issue of 11,91,48,936 shares. The price band is set at ₹223 to ₹235 per share, with a face value of ₹10 per share. This includes a share premium of ₹225 per share at the upper end of the price band.

The anchor allocation process, which took place on May 23, 2025, saw robust participation from institutional investors. The entire anchor allocation was made at the upper end of the price band, ₹235 per share, highlighting strong demand and confidence in the company's growth potential.

After the anchor allocation, the overall allocation of the Aegis Vopak Terminals IPO looks as follows:

The lock-in period for anchor investors is a critical aspect of the allocation.  For Aegis Vopak Terminals IPO, the lock-in details are as follows:

• Lock-in Period (50% Shares): June 30, 2025
• Lock-in Period (Remaining Shares): August 29, 2025

This lock-in period ensures that anchor investors maintain their investments for a specified duration, contributing to stock price stability post-listing.

Anchor Investors in Aegis Vopak Terminals IPO

Anchor investors, typically large institutional investors, are allotted shares in an IPO before it opens to the public. The anchor allocation process plays a pivotal role in price discovery and instilling confidence among retail investors. The strong response from anchor investors often sets a positive tone for the public issue and influences the overall subscription levels.

On May 23, 2025, Aegis Vopak Terminals IPO completed the bidding for its anchor allocation. A total of 5,36,17,021 shares were allotted to anchor investors at the upper IPO price band of ₹235 per share, resulting in an overall anchor allocation of ₹1,260.00 crore. This represents 45.00% of the total issue size of ₹2,800.00 crore, indicating robust institutional demand.

Aegis Vopak Terminals IPO Key Details:

About Aegis Vopak Terminals IPO and How to Apply

Incorporated in 2013, Aegis Vopak Terminals Limited (AVTL) is a joint venture 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: the Gas Terminal Division, which focuses on storing and handling LPG including propane and butane, and the Liquid Terminal Division, which handles storage for liquid products like petroleum, chemicals, and vegetable oils, managing over 30 types of chemicals and more than 10 types of edible and non-edible oils. AVTL operates two LPG storage terminals and 16 liquid storage terminals located across five major ports in India including Haldia (West Bengal), Kochi (Kerala), Mangalore (Karnataka), Pipavav (Gujarat), and Kandla (Gujarat), which handle coastal shipping, imports, and exports.

The company currently manages around 25.53% of India's third-party liquid storage capacities, positioning it as the largest Indian third-party owner and operator of tank storage terminals. As of June 30, 2024, the company employed 392 full-time employees and has demonstrated strong operational growth and financial turnaround in recent years.