Aegis Vopak Terminals (AVTL), which runs liquid and gas storage facilities at major Indian ports, is gearing up for a ₹3,500 crore initial public offering. The funds will be used to pare down debt and support its growth plans. A joint venture between Aegis Logistics and Dutch firm Vopak, AVTL’s promoter holding will dip from 97.4% to about 87% post-issue.
Comments
Post a Comment