
Aegis Vopak Terminals Description – The company is 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 31 December 2024. Its network of storage tank terminals had 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 31 December 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).
Aegis Vopak has the largest storage capacity in India’s LPG tank storage sector, contributing to approximately 11.50% of the total national static capacity, as of 31 December 2024. In terms of storage of liquid products, it is the largest third-party tank storage company in India, contributing to approximately 25.53% of India’s third-party liquid storage capacity as of 31 December 2024. The company has 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% of liquid and 61% of total LPG import volumes in India.
The company was established as a joint venture between Aegis Logistics and Vopak India BV, a part of Royal Vopak.

Promoters of Aegis Vopak Terminals – Aegis Logistics Limited, Huron Holdings Limited, Trans Asia Petroleum Inc, Asia Infrastructure Investment Limited, Vopak India BV, Koninklijke Vopak NV
Table of Contents
Aegis Vopak Terminals IPO Details
Aegis Vopak Terminals IPO Dates | 26 – 28 May 2025 |
Aegis Vopak Terminals Issue Price | INR 223 – 235 per share |
Fresh issue | INR 2,800 crore |
Offer For Sale | Nil |
Total IPO size | INR 2,800 crore |
Minimum bid (lot size) | 63 shares (INR 14,805) |
Face Value | INR 10 per share |
Retail Allocation | 10% |
Listing On | NSE, BSE |
Aegis Vopak Terminals Financial Performance
FY 2022 | FY 2023 | FY 2024 | 9M FY 2025 | |
Revenue | – | 353.33 | 561.76 | 464.18 |
Expenses | 1.10 | 353.39 | 449.10 | 362.16 |
Net income | (1.10) | (0.08) | 86.54 | 85.89 |
Margin (%) | (0.02) | 15.41 | 18.50 |
Aegis Vopak Terminals Offer News
- Aegis Vopak Terminals RHP
- Aegis Vopak Terminals DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Aegis Vopak Terminals Valuations & Margins
FY 2022 | FY 2023 | FY 2024 (Pre Issue) | FY 2025 (Post-Issue)* | |
EPS | (0.01) | 0.00 | 0.88 | 1.01 |
PE Ratio | – | – | 254.8 – 268.51 | 221.54 – 233.46 |
FY 2022 | FY 2023 | FY 2024 | |
RONW (%) | – | (0.01) | 7.51 |
NAV | (0.01) | 12.65 | 13.27 |
ROCE (%) | – | 5.26 | 8.39 |
EBITDA (%) | – | 65.16 | 71.19 |
Debt/Equity | 51.93 | 1.83 | 2.59 |
Aegis Vopak Terminals IPO GMP Today (Daily Trend)
Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
31 May 2025 | 3 | – | 0 |
30 May 2025 | 4 | – | 0 |
29 May 2025 | 4 | – | 0 |
28 May 2025 | 8 | – | 300 |
27 May 2025 | 13 | – | 650 |
26 May 2025 | 15 | – | 850 |
Aegis Vopak Terminals IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment or prepayment of all or a portion of certain outstanding borrowings – INR 2,015.95 crore
- Funding capital expenditure towards contracted acquisition of the cryogenic LPG terminal at Mangalore – INR 671.3 crore
- General corporate purposes
Aegis Vopak Terminals IPO Subscription – Live Updates
Category | QIB | NII | Retail | Total |
---|---|---|---|---|
Shares Offered | 3,76,68,163 | 1,88,34,080 | 1,25,56,053 | 6,90,58,296 |
28 May 2025 | 3.30 | 0.56 | 0.77 | 2.09 |
27 May 2025 | 0.39 | 0.12 | 0.44 | 0.33 |
26 May 2025 | 0.39 | 0.03 | 0.19 | 0.26 |
5,36,17,021 shares allotted to anchor investors are not included in these calculations. Similarly, shares allotted to market makers, if any, are not part of these calculations.
Aegis Vopak Terminals – Comparison With Listed Peers
Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
Aegis Vopak Terminals | 268.51 | 0.88 | 7.51 | 13.27 | 561.76 |
Adani Ports and Special | 37.48 | 37.55 | 15.32 | 245.10 | 26,710.56 |
JSW Infrastructure | 49.02 | 5.88 | 14.40 | 41.77 | 3,762.89 |
Aegis Vopak Terminals IPO Allotment Status
Aegis Vopak Terminals IPO allotment status is now available on MUFG Intime’s website. Click on MUFG Intime IPO weblink to get allotment status.
Aegis Vopak Terminals IPO Dates & Listing Performance
IPO Opening Date | 26 May 2025 |
IPO Closing Date | 28 May 2025 |
Finalization of Basis of Allotment | 29 May 2025 |
Initiation of refunds | 30 May 2025 |
Transfer of shares to demat accounts | 30 May 2025 |
Aegis Vopak IPO Listing Date | 2 June 2025 |
Opening Price on NSE | INR 220 per share (down 6.38%) |
Closing Price on NSE | INR 242 per share (up 2.98%) |
Aegis Vopak Terminals IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi – Subscribe for long term
Aditya Birla Capital – Subscribe for long term
Ajcon Global –
Bajaj Broking – Subscribe for long term
Axis Capital –
Ashika Research –
BP Wealth – Subscribe
Capital Market – Neutral
Canara Bank Securities – Neutral
Choice Broking –
Bajaj Financial – Subscribe for long term
Elara Capital –
Elite Wealth –
GCL Broking –
Geojit –
GEPL Capital – Avoid
Hem Securities –
Hensex Securities –
HDFC Securities –
ICICIdirect –
IDBI Capital –
Investmentz –
Indsec Securities –
Jainam Broking – Subscribe for long term
KR Choksey –
LKP Research –
Marwadi Financial – Avoid
Motilal Oswal –
Mehta Equities –
Nirmal Bang – Neutral
Reliance Securities –
Sushil Finance –
Samco Securities – Avoid
SBI Securities – Subscribe for long term
SMC Global – 1.5/5
SMIFS –
Systematix Research –
Swastika Investmart –
Ventura Securities – Subscribe
Aegis Vopak Terminals Offer Lead Manager
ICICI SECURITIES LIMITED
ICICI Venture House
Appasaheb Marathe Marg,
Prabhadevi, Mumbai – 400 025, Maharashtra
Phone: +91 22 6807 7100
Email: [email protected]
Website: www.icicisecurities.com
Aegis Vopak Terminals Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Aegis Vopak Terminals Contact Details
AEGIS VOPAK TERMINALS LIMITED
1202, Tower B, Peninsula Business Park,
G K Marg, Lower Parel West,
Mumbai – 400 013, Maharashtra
Phone: +91 22 4193 6666
Email: [email protected]
Website: www.aegisvopak.com
Aegis Vopak Terminals IPO FAQs
How many shares in Aegis Vopak Terminals IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply for Aegis Vopak Terminals Public Offer?
The best way to apply for Aegis Vopak Terminals public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Aegis Vopak Terminals IPO GMP today?
Aegis Vopak Terminals IPO GMP today is INR 3 per share.
What is Aegis Vopak Terminals kostak rate today?
Aegis Vopak Terminals kostak rate today is INR NA per application.
What is Aegis Vopak Terminals Subject to Sauda rate today?
Aegis Vopak Terminals Subject to Sauda rate today is INR 0 per application.