The highly awaited Aegis Vopak Terminals IPO has officially opened for subscription and is already creating quite a buzz on Dalal Street. With a solid joint venture between Aegis Logistics and the global storage powerhouse Royal Vopak backing it, this Rs 2,800 crore IPO is being seen as a strategic investment in India’s expanding infrastructure and energy logistics sector.
In Aegis Vopak Terminals ipo review , we’ll cover everything investors should know — from Grey Market Premium (GMP) to expert insights, valuation metrics, and potential risks — to help you make a well-informed decision.
IPO Details at a Glance
- IPO Open Date: May 24, 2025
- IPO Close Date: May 28, 2025
- Price Band: ₹223 – ₹235 per share
- Issue Size: ₹2,800 crore (100% Fresh Issue)
- Minimum Lot Size: 63 shares (₹14,805 at upper band)
- Tentative Listing Date: June 2, 2025
- GMP (as per News18): ₹249.50 (Approx. 6.17% premium)
- Company Valuation: ~₹26,000 crore at upper band
If you’re searching for Aegis Vopak Terminals Limited GMP news today, this modest premium may signal limited listing-day excitement but could offer long-term growth for patient investors.
Expert Opinion: What Market Gurus Are Saying
🔹 Anil Singhvi (Zee Business): Strong Thumbs Up
Renowned market expert Anil Singhvi recommends applying with a long-term investment horizon. He points out the solid backing from global players and India’s commitment to infrastructure and energy transition, believing Aegis Vopak is set to grow significantly.
“This is not a quick listing gains IPO. This is a structural play on India’s infra and LPG logistics story.” – Anil Singhvi
Brokerage Ratings: Mostly ‘Subscribe for Long Term’
1. Bajaj Broking – Subscribe for Long Term
- Pros: Strategic importance in LPG & liquid bulk infra; strong FY24 turnaround
- Caution: Price appears expensive based on traditional P/E metrics
2. BP Wealth – Subscribe
- Emphasizes annuity-like business model, stable cash flows, and long-term storage contracts
- Points out strong financial flexibility and visibility from ongoing expansion projects
3. Ventura Securities – Subscribe
- Notes steep valuation (TTM P/E ~187.7x), but highlights growth potential in green ammonia and LPG capacity expansion
4. Aditya Birla Capital – Subscribe for Long Term
- Supports the IPO due to strong parentage and aggressive capex strategy
- Sees merit despite high EV/EBITDA of ~57x (FY25)
5. SBI Securities – Subscribe for Long Term with High Risk Appetite
- Sees muted listing gains, but robust growth potential from FY25–FY27 as capex bears fruit
Strengths of Aegis Vopak Terminals
- Strong Parentage: Backed by Aegis Logistics and Royal Vopak (Netherlands)
- Strategic Terminal Locations: Near key ports enabling faster and cheaper delivery
- Capex-Driven Growth Model: Project GATI aims to scale LPG and chemical storage capacities
- Debt Reduction: ₹2,016 crore of IPO proceeds earmarked for debt repayment
- Stable Revenue Model: Long-term storage contracts ensure predictable cash flows
Risks to Consider
- Premium Valuation: High P/E and EV/EBITDA multiples suggest future growth is already priced in
- Execution Risk: Capex-heavy projects can face delays or cost overruns
- Limited Historical Profitability: Only recently turned profitable (FY24 net profit: ₹86.54 crore)
- Muted Listing Gains: GMP currently indicates only ~6% premium; speculative for short-term investors
Aegis Vopak Terminals IPO Apply or Not?
If you’re a long-term investor eager to tap into India’s booming energy and port-linked infrastructure, Aegis Vopak Terminals could be a great opportunity for you. With solid backing, a clear growth strategy, and reliable revenue streams, it’s more of a structural investment than a quick flip for a listing.
That said, keep in mind that there are some valuation concerns . This IPO is likely a better fit for those who are comfortable with a medium-to-high risk level and have a 3–5 year investment horizon.
Conclusion
The Aegis Vopak Terminals IPO is gearing up to be one of the most strategic offerings in 2025. While the potential for quick gains might be limited, the company’s solid fundamentals, growing infrastructure, and global backing offer plenty of reasons to feel optimistic for the long term.
Disclaimer
This article is for informational purposes only and should not be considered as investment advice or a recommendation. Always do your own research or consult a financial advisor before making investment decisions. MagnifyReturns.in or its affiliates will not be held liable for any financial losses or gains resulting from investment decisions based on this content.
