IPO Snapshot
 
Aegis Vopak Terminals Ltd.
Issue Open Date 26-May-25  
Issue Closing Date 28-May-25  
Application Money 100  
Allotment Money  
Price Band 223 - 235  
Minimium Application No. 63  
Issue Size (Shares) 125560538  
Market Lot 1  
Objective
1.Repayment or prepayment of all or a portion of certain outstanding borrowings availed by our Company;2.Funding capital expenditure towards contracted acquisition of the cryogenic LPG terminal at Mangalore; and3.General corporate purposes
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors        
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description:
Our Company entered into business transfer agreements, each dated November 30, 2021, effective from May 20, 2022, with one of our Promoters, Aegis Logistics Limited (“Aegis”), to acquire its LPG and liquid storage business at Kandla, and liquid storage business at Pipavav, Mangalore and Haldia. In addition, our Company entered into a business transfer agreement dated November 30, 2021, effective from May 20, 2022, with one of our Promoter Group entities, Aegis Gas LPG Private Limited, to acquire its LPG storage at Pipavav. For further information, see "History and Certain Corporate Matters" on page 215. Accordingly, our Restated Financial Information for Fiscal 2023 and Fiscal 2024 is not comparable with our Restated Financial Information for Fiscal 2022. Our Company had limited operations prior to such acquisitions.We are the largest Indian third-party owner and operator of tank storage terminals for liquified petroleum gas (“LPG”) and liquid products in terms of storage capacity, as of June 30, 2024. (Source: CRISIL Report) We own and operate a network of storage tank terminals having an aggregate storage capacity of approximately 1.50 million cubic meters for liquid products and 70,800 metric tons (“MT”) of static capacity for LPG as of June 30, 2024, and offer secure storage facilities and associated infrastructure for liquids such as petroleum, vegetable oil, lubricants, and various categories of chemicals and gases such as LPG (including propane and butane). We have the largest storage capacity in India’s LPG tank storage sector, contributing to approximately 12.23% of the total national static capacity, as of June 30, 2024. (Source: CRISIL Report). In terms of storage of liquid products, we are the largest third-party tank storage company in India, contributing to approximately 26.64% of India’s third-party liquid storage capacity as of June 30, 2024. (Source: CRISIL Report) As of June 30, 2024, we have a diversified network of terminals spread strategically across five key ports in operation on the West and East coast of India. These key ports together handle approximately 23.00% of liquid and 61.00% of total LPG import volumes in India. (Source: CRISIL Report) At these terminals, we own and operate facilities for different functions including product storage tanks, firefighting facilities, self-owned pipelines connected to jetty, ship loading and unloading infrastructure, as well as infrastructure for product evacuation by ship, rail, road and pipelines
Promoter's Holding
Total Share Capital   963225957  
Offered to Public    
Promoter's Holding (Pre-Issue)   97.41  
Promoter's Holding (Post-Issue)    
Address
502
Skylon
G I D C
Char Rasta
Dist. Valsad
Vapi ,
Gujarat ,
396195
Phone : 022 4193 6666
Email : secretarial@aegisindia.com
Website : www.aegisvopak.com
Registrar
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
BNP Paribas
HDFC Bank Ltd.
ICICI Securities Ltd
IIFL Capital Services Ltd.
Jefferies India Pvt Ltd.
Promoters
Aegis Logistics Ltd.
Asia Infrastructure Investment Ltd.
Huron Holdings Ltd.
Koninklijke Vopak N.V.
Trans Asia Petroleum INC
Vopak India B.V