Compare Aegis Vopak Terminals and Leela Hotels as both IPOs open today, May 26, giving investors a chance to join either India’s fast-growing logistics sector or its established luxury hospitality space. Here are four key takeaways to guide your decision:
1. Grey Market Premium (GMP) Signals
In the unlisted market, Aegis Vopak Terminals commands a GMP of around ₹14.50 per share, suggesting a potential debut near ₹249.50—about 6.2% above its ₹235 issue price. Leela Hotels, meanwhile, sports a GMP of roughly ₹13 per share, indicating a likely listing around ₹448—nearly 3% above its upper band of ₹435. Remember, grey market rates are only indicative and can shift with market sentiment The Financial Express.
2. Issue Size and Pricing Bands
- Aegis Vopak Terminals is raising ₹2,800 crore via a fresh issue of 11.91 crore shares, priced at ₹223–235 each. Retail investors must apply for at least 63 shares (≈₹14,049). High-net-worth individuals face larger minimums, up to ₹10 lakh for big institutional lots The Financial Express.
- Leela Hotels is tapping the market for ₹3,500 crore—₹2,500 crore fresh issue plus ₹1,000 crore offer-for-sale—at a ₹413–435 price band. Retail lots start at 34 shares (≈₹14,042), while HNI segments exceed ₹2 lakh and ₹10 lakh respectively The Financial Express.
3. Strong Anchor Backing
Ahead of today’s subscription, top global funds like Goldman Sachs, Nomura and Aberdeen Standard committed ₹1,260 crore to Aegis Vopak. Leela Hotels secured ₹1,575 crore from marquee domestic names including HDFC Mutual Fund, ICICI Prudential and Mirae Asset The Financial Express.
4. Subscription, Allotment and Listing Timeline
Both IPOs remain open until May 28. Allotment is expected on May 29, with a tentative listing on June 2 across NSE and BSE. Investors should track these dates closely to manage their bids and plan secondary market trades The Financial Express.
With logistics and hospitality each showing robust fundamentals, your choice hinges on risk appetite, sector outlook and desired entry price. Stay updated on GMP movements, subscribe before May 28, and mark June 2 for listing day.
