Aegis Vopak Terminals IPO Listing: Shares debut at a 6% discount to issue price
The shares of Aegis Vopak Terminals made a weak debut on stock markets on Monday, June 2, listing at ₹220 apiece on both NSE and BSE. This marks a discount of 6.38% to its IPO price of ₹235 per share.
Ahead of listing, the unlisted shares of the company were trading with a discount of -0.43% in the grey market.
The ₹2,800 crore IPO, which was open for subscription from May 26 to May 28, sold its shares in the range of ₹223-235 apiece.
The subsidiary of the listed logistics firm, Aegis Logistics had revised the IPO issue size to ₹2,800 crore, down from the earlier proposed ₹3,500 crore.
The public offer included a complete fresh issue of 11.91 crore shares, aggregating up to ₹2,800 crore. There was no offer-for-sale…
