Aegis Vopak Terminals Ltd IPO
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Aegis Vopak Terminals Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 1,191.49 L | TBA | TBA | ₹ 9,632.26 L | BSE | ₹ 2800 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 26 May, 25 | 28 May, 25 | 63 | ₹ 14,049 | Book Building | 02 Jun, 25 |
Aegis Vopak Terminals Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Miscellaneous |
| Sub Sector | NA |
| Issue Type | Book Building |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 119148936 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Aegis Vopak Terminals Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 161.50 | 86.38 | -1.09 |
| EBITDA | 262.13 | 166.14 | -1.09 |
| PAT | 46.90 | 5.01 | -1.09 |
| Total Assets | 289.82 | 162.80 | 5.91 |
| Share Capital | 1.00 | 1.00 | 0.61 |
| Total Borrowings | 2,648.64 | 1,822.01 | 0.10 |
| Operating Activities (Net Cash) | 147.53 | 84.77 | -1.09 |
| Investing Activities (Net Cash) | 188.23 | 119.02 | 27.30 |
| Financing Activities (Net Cash) | 2,648.64 | 1,822.01 | 0.10 |
| Net Cashflow | 102.16 | 21.57 | 5.81 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Aegis Vopak Terminals Ltd
Our Company was incorporated as `Aegis LPG Logistics (Pipavav) Limited', a public limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated May 28, 2013, issued by the RoC and received a certificate for commencement of business dated June 20, 2013 from the RoC. Subsequently, pursuant to a resolution passed by our Board on July 29, 2021, and by our Shareholders on August 6, 2021, the name of our Company was changed from `Aegis LPG Logistics (Pipavav) Limited' to `Aegis Vopak Terminals Limited' and a fresh certificate of incorporation consequent to the change in name of our Company was issued by the RoC on August 23, 2021.
The location of storage terminals at specific ports is a major differentiator in the terminalling business. Storage terminals at ports that are closer to major shipping routes enjoy a competitive advantage. The strategic and well-connected location of terminals increases evacuation speed by offering pipeline, rail, and road options, reducing last-mile delivery costs, and improving delivery times.
We build, own and operate a network of storage tank terminals 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, propane and butane. We currently own and operate two LPG storage terminals across two Indian ports, and 18 liquid storage terminals across six Indian ports.
Peer Comparison:
- Aegis Vopak Terminals Limited
- Adani Ports and Special Economic Zone Limited
- JSW Infrastructure Limited
Aegis Vopak Terminals Ltd IPO Key Points
Strengths
- India's Largest Third-Party Owner and Operator of Tank Storage Terminals for LPG and Liquid Products.
- Strategically Located Necklace of Terminals across the Indian Coast
- Track Record of Consistently Expanding Capabilities and Well-Equipped Storage Infrastructure
- Backed by Established promoters and Supported by a Strong Management Team
- Relationships with Diversified Customer Base.
Risk
- Its terminal services and other operations are subject to operational risks that could adversely affect its business, results of operations and financial condition.
- The company derived 42.07%, 44.56%, 47.20% and 44.76% of its revenue from the company's top 10 customers in the last in Fiscal 2023 and 2024 and in the nine months ended December 31, 2023 and 2024, respectively. Any deterioration of their business, substantial reduction in their dealings with it or a loss of any of these customers could have an adverse effect on its business, results of operations, financial condition and cash flows.
- The company significantly benefit from its relationship with the company Promoters. Any decline in this relationship could have an adverse effect on its business, results of operations, financial condition and cash flows.
Strategy
- Strategically Expand our Network of Terminals at Existing Locations and Add New Locations.
- Enhance Customer Value Proposition by Expanding Infrastructure at Existing Locations
- Invest in Capabilities to Address Alternative Energies.
- Pursue Inorganic Growth Opportunities.
- Venture into Establishing Industrial Terminals.
- India's Largest Third-Party Owner and Operator of Tank Storage Terminals for LPG and Liquid Products.
- Strategically Located Necklace of Terminals across the Indian Coast
- Track Record of Consistently Expanding Capabilities and Well-Equipped Storage Infrastructure
- Backed by Established promoters and Supported by a Strong Management Team
- Relationships with Diversified Customer Base.
How To Apply for Aegis Vopak Terminals Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
