Initial Public Offerings (IPOs) allow you to invest in companies going public. Aegis Vopak Terminals Ltd. goes public when it first sells its shares after being listed on BSE or NSE.
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Aegis Logistics Limited (“Aegis”), to acquire its LPG and liquid storage business at Kandla, and liquid storage business at Pipavav, Mangalore and Haldia. In addition, our Company entered into a business transfer agreement dated November 30, 2021, effective from May 20, 2022, with one of our Promoter Group entities, Aegis Gas LPG Private Limited, to acquire its LPG storage at Pipavav. For further information, see "History and Certain Corporate Matters" on page 215. Accordingly, our Restated Financial Information for Fiscal 2023 and Fiscal 2024 is not comparable with our Restated Financial Information for Fiscal 2022. Our Company had limited operations prior to such acquisitions.We are the largest Indian third-party owner and operator of tank storage terminals for liquified petroleum gas (“LPG”) and liquid products in terms of storage capacity, as of June 30, 2024. (Source: CRISIL Report) We own and operate a network of storage tank terminals having an aggregate storage capacity of approximately 1.50 million cubic meters for liquid products and 70,800 metric tons (“MT”) of static capacity for LPG as of June 30, 2024, and offer secure storage facilities and associated infrastructure for liquids such as petroleum, vegetable oil, lubricants, and various categories of chemicals and gases such as LPG (including propane and butane). We have the largest storage capacity in India’s LPG tank storage sector, contributing to approximately 12.23% of the total national static capacity, as of June 30, 2024. (Source: CRISIL Report). In terms of storage of liquid products, we are the largest third-party tank storage company in India, contributing to approximately 26.64% of India’s third-party liquid storage capacity as of June 30, 2024. (Source: CRISIL Report) As of June 30, 2024, we have a diversified network of terminals spread strategically across five key ports in operation on the West and East coast of India. These key ports together handle approximately 23.00% of liquid and 61.00% of total LPG import volumes in India. (Source: CRISIL Report) At these terminals, we own and operate facilities for different functions including product storage tanks, firefighting facilities, self-owned pipelines connected to jetty, ship loading and unloading infrastructure, as well as infrastructure for product evacuation by ship, rail, road and pipelines Read MoreMUFG Intime India Pvt Ltd.
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An Initial Public Offering (IPO) is when a private company sells shares to the public for the first time, enabling investors to purchase these shares and gain partial ownership in the business. For instance, if a well-known tech firm wants to grow and requires additional funds, it might choose to go public through an IPO. During this process, investors can buy shares, and the company’s stock starts trading on the stock exchange on the day of the IPO listing.
Investors can apply for an IPO through their bank or brokerage account. Many trading platforms have a specific section for IPOs where users can submit their applications online.
The primary market is where shares are offered to the public for the first time via an IPO. After the IPO, shares are traded on the secondary market (stock exchange), where existing shareholders can sell to new buyers.
Investing in an IPO offers the opportunity to become an early investor in companies with high growth potential, at a price which may be lower than their post-listing market value. It provides a chance to participate in the company's growth journey from its early stages. However, IPO investments also come with inherent risks, such as market volatility and uncertainties about the company's future performance.
The price of an IPO is established through a systematic process known as "book building." In this method, investors bid within a given price range, and the final price is set based on demand and market conditions. Several factors play a crucial role in determining the IPO price, including:
This content is for educational purpose only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.
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