Aegis Vopak Terminals IPO: The shares of Age Vopak Terminals Restricted will probably be listed on Monday, June 2. The corporate’s ₹ 2,800 crore IPO obtained a complete subscription on Might 28 until the bid was closed. The corporate’s IPO has obtained blended response from traders. Bids had been obtained for 14.43 crore shares in opposition to the 6.90 crore shares provided within the IPO. A part of giant institutional traders (QIBS) subscribed 3.30 occasions, which reveals good response. Though the share of retail traders was solely 77 p.c subscribed, the class of non-institutional traders (NIIS) additionally obtained 56 p.c subscription, which was lower than anticipated. Previous to the IPO, the corporate had raised ₹ 1,260 crore from large anchor traders. The value of shares for the IPO was mounted at ₹ 223 to ₹ 235 per share. That is the whole element of IPO. Now it is the flip of itemizing. All traders are eyeing the itemizing positive factors. Allow us to inform you what’s the opinion of consultants in regards to the shares of Aagis Vopak Terminals. Promote the consultants, promote or maintain? Market consultants have expressed concern over the excessive valuation of the aesis Vopak Terminals. Primarily based on the annual revenue of the monetary 12 months 2025, the corporate has been evaluated at a price-to-earning (PE) ratio of 235 occasions and EV/Ebitda of 57 occasions. On the figures of the monetary 12 months 2024, the PE a number of is 301 occasions, with the publish -IPO market capitalization of ₹ 26,037.8 crore. Analysts consider that listing-day efficiency is predicted to be held with a weak or minor positive factors in view of the excessive valuation metrics. Narendra Solanki, head of Elementary Analysis of Anand Rathi Wealth, stated, ‘The corporate has achieved the bottom CAPEX and highest tank flip per MT within the trade, which reveals its operational energy. Nevertheless, the corporate’s valuation may be very excessive. He really helpful to take shares just for lengthy -term funding after the itemizing. Mahesh M. Ojha, AVP of Analysis and Commerce Improvement in Hhensex Securities, additionally stated an analogous factor. He stated, ‘Given its strategic position in India’s vitality infrastructure, the corporate has a robust lengthy -term capability. Nevertheless, itemizing positive factors can’t be particular. Quick time period traders must be vigilant. He suggested traders to carry the allotted shares. He didn’t advise to take new shares on the day of itemizing. Know what the corporate does now? Aegis Vopak Terminals are the proprietor and operator of the biggest third get together capability of Tank storage terminals for LPG and liquid merchandise in India. Because of this they facilitates holding fuel and fluid in giant tanks for firms. They’ve about 25.53 p.c of the nation’s third-party liquid storage capability.
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