Aegis Vopak Terminals IPO - Day 3 Subscription at 2.20 Times

Aegis Vopak Terminals's initial public offering (IPO) has shown remarkable progress through its three-day subscription period. The ₹2,800.00 crore IPO has witnessed strong demand, with subscription rates opening at 0.27 times on day one, rising to 0.37 times on day two, and surging to 2.20 times by 5:19:40 PM on the final day, demonstrating growing investor enthusiasm for 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 qualified institutional buyers segment leads with a strong 3.47 times subscription, while retail investors show participation at 0.81 times and non-institutional investors at 0.59 times, reflecting investor confidence in 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 reaching strong 2.20 times on the final day, led by QIB (3.47x), Retail (0.81x) and NII (0.59x). Check the details at 5paisa.
 

Subscription Status of Aegis Vopak Terminal IPO:

Here are the subscription details for Aegis Vopak Terminal IPO as of Day 3 (May 28, 2025, 5:19:40 PM):

Key Highlights - Day 3:

• Overall subscription surging to 2.20 times, showing remarkable acceleration from day two's 0.37 times
• QIB segment leading with exceptional demand at 3.47 times, dramatically up from day two's 0.45 times
• Retail investors showing solid participation at 0.81 times, up from day two's 0.47 times
• NII segment demonstrating increased interest at 0.59 times, up from day two's 0.13 times
• Total applications reaching 1,35,633, indicating substantial investor participation
• Cumulative bid amount reaching an impressive ₹3,392.711 crores, more than double the issue size
• Final day demonstrating strong institutional confidence in logistics and storage infrastructure
• QIB leadership reflecting institutional investor belief in terminal operations business model
• Strong final day surge showing growing recognition of infrastructure investment opportunity

Aegis Vopak Terminals IPO - Day 2 Subscription at 0.37 Times

Key Highlights - Day 2:

• Overall subscription rising to 0.37 times, showing steady growth from day one's 0.27 times
• Retail investors showing improved interest at 0.47 times, up from day one's 0.21 times
• QIB segment growing to 0.45 times, up from day one's 0.41 times
• NII segment showing increased participation at 0.13 times, up from day one's 0.03 times
• Second day momentum indicates growing confidence in the logistics and storage terminal sector
• Infrastructure business model attracting consistent investor attention
• Second day setting the foundation for the final day's growth

Aegis Vopak Terminals IPO - Day 1 Subscription at 0.27 Times

Key Highlights - Day 1:

• Overall subscription opening at 0.27 times, showing good initial institutional investor response
• The QIB segment began strongly at 0.41 times, indicating early institutional confidence
• Retail investors are showing initial interest at 0.21 times, reflecting individual investor participation
• NII segment showing modest initial participation at 0.03 times
• Opening day demonstrates solid institutional engagement for this infrastructure IPO
• Initial momentum reflecting positive assessment of logistics and storage terminal sector opportunity
• First day, setting a strong foundation with institutional support for growth in subsequent days

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: the Gas Terminal Division, focusing on storing and handling LPG, and the 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