Aegis Vopak Terminals is set to debut on the stock market on June 2, following a moderately subscribed IPO of Rs 2,800 crore. The IPO saw stronger interest from QIBs, but softer demand from retail and high-net-worth investors. A near-zero grey market premium suggests a potentially muted listing, despite the company’s strong position in India’s port-based storage infrastructure.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets