Aegis Vopak Terminals IPO Opens: GMP Indicates Strong Listing Sentiment

 Aegis Vopak Terminals IPO GMP suggests a 6–7% listing gain. Learn about price band, subscription dates, anchor investors, and expert recommendations.

The much-awaited Aegis Vopak Terminals IPO opened for public subscription on May 26, 2025, and is already drawing strong interest from investors. The IPO has caught the market’s attention not just for its business model, but also for its promising Grey Market Premium (GMP), which reflects investor confidence.

Aegis Vopak Terminals IPO GMP and Listing Outlook

As of the latest reports, the GMP for Aegis Vopak Terminals IPO is hovering between ₹14.5 and ₹17 per share. This suggests an expected listing price in the range of ₹249.5 to ₹252, based on the upper price band of ₹235. This translates into a 6% to 7% listing gain, indicating strong demand in the unofficial market.

Key IPO Details

Price Band: ₹223 to ₹235 per share
Issue Size: ₹2,800 crore (entirely a fresh issue)
Minimum Lot Size: 63 shares
Investment Required: ₹14,805 (at upper price band)
IPO Dates: Open from May 26 to May 28, 2025
Expected Allotment: May 29, 2025
Tentative Listing Date: June 2, 2025
Stock Exchanges: NSE and BSE

Anchor Investor Response

Ahead of the IPO, the company raised ₹1,260 crore from 32 anchor investors, including global players like Nomura and Aberdeen, showcasing strong institutional confidence. Over 5.36 crore equity shares were allotted at the top-end price of ₹235 per share.

About the Company

Aegis Vopak Terminals is a strategic joint venture between India’s Aegis Logistics and Dutch firm Royal Vopak. The company is a key player in India’s liquid and gas storage infrastructure and operates critical terminal assets across multiple port locations. IPO proceeds will go toward debt reduction, infrastructure expansion, and the acquisition of a cryogenic LPG terminal in Mangalore.

Expert Opinions

Market analysts and brokerage firms are largely bullish:

• SBI Securities recommends subscribing, citing strong fundamentals and future growth potential.
• Ventura Securities is optimistic about the company’s entry into green ammonia and LPG expansion.
• BP Equities highlights Aegis Vopak's predictable revenue streams and operational stability.

Should You Subscribe?

Given the positive GMP, solid anchor backing, and favorable analyst outlooks, the Aegis Vopak Terminals IPO appears to be a compelling option for both retail and institutional investors looking for long-term value.