Aegis Vopak Terminals IPO GMP
Aegis Vopak Terminals’ IPO, open from Could 26 to Could 28, acquired a lukewarm response, with an general subscription of two.09 instances. The problem consisted solely of a contemporary subject of 11.91 crore fairness shares, priced within the vary of Rs 223–235 per share.
The gray market premium (GMP) for Aegis Vopak shares is presently simply Rs 1, hinting at a possible itemizing round Rs 236 — a marginal upside of 0.43% over the higher value band.
Aegis Vopak Terminals, a three way partnership between Aegis Logistics and Dutch agency Vopak, operates 18 terminals throughout 5 main Indian ports. It boasts over 1.5 million cubic metres of liquid storage and 70,800 MT of LPG storage capability. The IPO proceeds shall be used to repay debt, fund the acquisition of a cryogenic terminal in Mangalore, and for normal company functions.
The Leela (Schloss Bangalore) IPO GMP
The IPO of Schloss Bangalore, which owns and operates The Leela Palaces, Lodges and Resorts, noticed an general subscription of 4.5 instances. Nevertheless, the passion was largely pushed by Certified Institutional Consumers (QIBs), who subscribed 7.46 instances. Compared, the retail quota was subscribed simply 0.83 instances, and the Non-Institutional Buyers (NII) section only one.02 instances — indicating subdued curiosity exterior institutional circles.The GMP for Schloss Bangalore is presently at Rs 2, pointing to a possible itemizing at Rs 437 towards the difficulty value of Rs 435, implying a minimal premium of 0.46%.The Brookfield-backed hospitality agency manages 12 luxurious resorts underneath The Leela model. IPO proceeds shall be used to scale back debt on the entity and subsidiary ranges — together with properties in New Delhi, Chennai, Udaipur, and Jaipur — and for normal company functions.
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