Aegis Vopak Terminals IPO Upcoming
Already have an account? Apply now
Schedule of Aegis Vopak Terminals
| Issue open date | 26 May 2025 |
| Issue close date | 28 May 2025 |
| UPI mandate deadline | 28 May 2025 (5 PM) |
| Allotment finalization | 29 May 2025 |
| Refund initiation | 30 May 2025 |
| Share credit | 30 May 2025 |
| Listing date | 02 Jun 2025 |
| Mandate end date | 12 Jun 2025 |
| Lock-in end date for anchor investors (50%) | 28 Jun 2025 |
| Lock-in end date for anchor investors (remaining) | 27 Aug 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Aegis Vopak Terminals
Aegis Vopak Terminals is India’s largest third-party owner and operator of LPG and liquid product tank storage terminals, with 1.5 million cubic meters of liquid storage and 70,800 MT of LPG capacity as of December 31, 2024. It accounts for 11.5% of India’s LPG and 25.5% of third-party liquid storage capacity, with terminals at five key ports handling major import volumes. Backed by promoters Aegis Logistics and Vopak India BV, the company benefits from deep industry expertise and global networks. Its two main segments include gas terminals for LPG and liquid terminals for petroleum, chemicals, and vegetable oils.
Financials of Aegis Vopak Terminals
*All figures are in ₹ Crores.
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹2800 crores |
| Fresh Issue | ₹2800 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Repayment/prepayment of borrowings | 2015.95 (71.99%) |
| Acquisition of cryogenic LPG terminal at Mangalore | 671.30 (23.98%) |
| General corporate purposes | 112.75 (4.03%) |
Strengths
- Largest third-party tank storage operator in India for LPG and liquids by capacity.
- Strategic port locations handle 61% of India’s LPG and 23% of liquid imports.
- Backed by strong promoters: Aegis Logistics and Royal Vopak with global expertise.
- Proven track record in infrastructure expansion and storage throughput efficiency.
- ESG-focused operations with advanced safety and sustainability systems
Risks
- High revenue dependence on top 10 customers, posing concentration risk
- Operational risks from hazardous material handling and port-based vulnerabilities.
- Lease agreements for some terminals are expired and not yet renewed.
- Insurance coverage may not fully protect against potential operational losses
- Potential promoter conflict could disrupt operations due to JV structure
Allotment Status for Aegis Vopak Terminals
To check your allotment status – click here.