AEGIS VOPACK Terminals IPO: Age Vopack Terminals Restricted is bringing an IPO of Rs 2800 crore. The corporate is in plans to lift such an enormous quantity because of its recent subject of its 11.91 crore shares. The worth band of this IPO is Rs 223-235 per share. Additionally, the minimal lot of lot dimension for software is 63 shares. It’ll open to buyers on 26 Might and can shut on 28 Might. Anchor buyers will bid for this on 23 Might. The allotment of shares will probably be finalized by 29 Might. Together with this, the corporate’s shares are to be listed on inventory exchanges on June 2. In accordance with the data, the corporate will use the revenue acquired from the IPO for repaying borrowings and for the contract acquisition of the cryogenic LPG terminal in Mangalore. Now the query arises that, what does this firm do and the way is its steadiness sheet in latest outcomes? One of many massive firms of its discipline is a three way partnership between AGIS Vopackais Vopack Terminals Restricted Age Ltd and Royal Vopack of the Netherlands. In accordance with Crisil report, it’s the largest firm working tank storage terminals for liquid petroleum fuel (LPG) and varied liquid merchandise in India. The corporate’s enterprise mannequin is robust because it supplies protected storage and dealing with providers of important commodities similar to petroleum, vegetable oil, lubricants, chemical substances and gases (propane and butane). Its terminals are situated close to the foremost ports of the nation. In accordance with a report, by 30 June 2024, the corporate had a complete storage capability of about 1.50 million cubic meters for liquid merchandise and 70,800 MT for LPG. The corporate operates about 12.23% of India’s complete static capability within the LPG storage space alone. How is the monetary efficiency of the aergis Vopack Terminals? The associated information associated information was ₹ 3,533.32 million within the monetary yr of 2023 and ₹ 5,617.61 million in FY 2024, whereas within the monetary yr 2024. Within the yr 2023, the corporate had a web lack of Rs 8 lakh whereas within the subsequent monetary yr, the corporate made a revenue of Rs 86.54 crore. Its Ebitda was ₹ 2,319.61 million in FY 2023, ₹ 4,058.97 million in FY 2024. Speaking about Ebitda margin, 65.16 % in FY 2023 was 71.19 % in FY 2024. Tell us that the highest 10 prospects of the corporate contribute to its income. The corporate acquired 42.07 % and 44.56 income from its high 10 prospects in FY 2023 and 2024 respectively. That’s, about 50 % of the corporate’s commerce is being achieved solely by 10 prospects, which reveals its robust market presence.
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