Ganesh Benzoplast a competitor of Aegis, has released a statement about its JNPT LPG terminal (covered here), that its 2 partners have withdrawn their involvement in that project. Need to see plans of Aegis, since they also had got a land parcel in JNPT, and planned for liquid capex. LPG was not yet finalized, but this development from GB might change things for Aegis.
Updates on IPO of Aegis Vopak Terminals: Latest details as released are given below.
IPO details - Aegis Vopak Terminals IPO Details - chittorgarh website
IPO Date May 26, 2025 to May 28, 2025
Issue Price Band ₹223 to ₹235 per share
Nov 2024 notification said they will raise upto 3500 Cr
But May 20th notification is saying upto 2800Cr.
Reference:
- Aegis Vopak - Red Herring Prospectus or SEBI | AEGIS VOPAK TERMINALS LIMITED - RHP
- https://www.sebi.gov.in/filings/public-issues/nov-2024/aegis-vopak-terminals-limited_88746.html DHRP filed with SEBI in Nov 2024.
- YouTube - Business Today : Inside Aegis Vopak Terminals’ ₹2,800 Cr IPO: Strategy, Capex, And Market Outlook