Aegis Vopak Terminals Limited (AVTL), a material subsidiary of Aegis Logistics Limited, has filed its Red Herring Prospectus (RHP) dated May 20, 2025, with the Registrar of Companies, Gujarat at Ahmedabad.
The proposed IPO comprises a fresh issue of equity shares of face value ₹ 10 each of AVTL.
The fresh issue is for an amount aggregating up to ₹ 28,000 million (₹ 2800 crore).
The IPO will be undertaken subject to requisite approvals and market conditions.
Pursuant to the IPO, AVTL may cease to be a subsidiary of Aegis Logistics, resulting in the dilution of the Company's shareholding in AVTL to less than fifty percent (50%).
This filing follows previous intimations dated October 28, 2024, November 19, 2024, December 11, 2024, and January 10, 2025, and the approval by Aegis Logistics shareholders.