Aegis Vopak Terminals IPO to Open on May 26
Bengaluru: Aegis Vopak Terminals Ltd is set to launch its ₹2,800 crore initial public offering (IPO) on May 26, 2025. The IPO will open for subscription on May 26 and close on May 28, 2025.
Key Details:
- Price Band: ₹223-235 per equity share
- Lot Size: 63 equity shares and multiples thereof
- Listing: BSE Limited and National Stock Exchange of India Limited (NSE)
Use of Proceeds:
- Repayment of Borrowings: ₹2,015.95 crore
- Funding Capital Expenditure: ₹671.30 crore for the cryogenic LPG terminal at Mangalore
- General Corporate Purposes: Balance amount
Allocation:
- Qualified Institutional Buyers (QIBs): At least 75% of the issue
- Non-Institutional Bidders (NIBs): Up to 15% of the issue
- Retail Individual Bidders (RIBs): Up to 10% of the issue
Book Running Lead Managers:
- ICICI Securities Limited
- BNP Paribas
- IIFL Capital Services Limited
- Jefferies India Private Limited
- HDFC Bank
