Aegis Vopak Terminals IPO: The preliminary public providing (IPO) of Aegis Vopak Terminals Restricted, a liquid logistics and terminal storage infrastructure agency, opened on Could 26, witnessed a lukewarm response on its first day share sale window. As per the BSE information, the IPO has seen an general subscription of seven per cent till 1:54 pm with bids obtained for 46.90 lakh shares in opposition to a complete supply measurement of 6.90 crore shares.
Class-wise subscription standing:
The QIBs have utilized a bid for 26.08 lakh shares in opposition to the reserved 3.76 crore shares, translating to a 7 per cent subscription.
Whereas the non-institutional traders’ (NIIs) portion has been subscribed to 2 per cent with 3.00 lakh shares bid in opposition to 1.88 crore shares on supply.
In the meantime, the retail particular person traders (RIIs) confirmed greater participation and utilized for 17.81 lakh shares, a 14 per cent subscription in opposition to their reserved portion of 1.25 crore shares.
The IPO, which is completely a recent challenge value Rs 2,800 crore and doesn’t embody any offer-for-sale (OFS) part, signifies that the funds will go straight into AVTL’s enterprise operations and growth plans.
Aegis Vopak Terminals IPO Particulars: Worth band, challenge measurement, vital dates, extra
Aegis Vopak Terminals is providing its shares in a value band of Rs 223 to Rs 235 per share, with a face worth of Rs 10. The IPO consists of 11,91,48,936 fairness shares on the higher value band, and the estimated post-issue market capitalisation is predicted to be between Rs 24,851 crore and Rs 26,038 crore.
Listed below are different particulars of the IPO:
- IPO Measurement: Rs 2,800 crore (100 per cent recent challenge)
- Worth Band: Rs 223 – Rs 235 per share
- Lot Measurement: 63 shares and in multiples thereafter
- Registrar: MUFG Intime India Pvt Ltd
- E-book Working Lead Managers (BRLMs): ICICI Securities, BNP Paribas, IIFL Capital, Jefferies India, and HDFC Financial institution
Right here is an allocation breakdown throughout classes:
QIBs: 75 per cent
NIIs: 15 per cent
RIIs: 10 per cent
The IPO will stay open for subscription till Could 28, 2025.
