IPO GMPS: Leela Hotels IPO vs Aegis Vopak Terminals IPO – What Grey Market Premium Signals Ahead of Listing Date?

Aegis Vopak Terminals, The Provider of Storage Terminals for LPG and Various Liquid Products, And Schloss Bangalore Ltd, The Operator of the Luxury Hotels “The Lela” in India, AR SET TO MAKE Debut in the India Stock Market Next Week after a MUmed Response to their Initial Public Offerings (IPO).

Aegis Vopak Terminals IPO Listing Date And Leela Hotels IPO Listing Date is June 2.

Ahead of the IPO Listings, Investors Gauge The Trends in the Grey Market Premiums (GMP) of Both the shares to evaluate the estimated listing price. Here’s a look at what aegis vopak terminals IPO GMP and Leela Hotels IPO GMP Today Signals Ahead of Listing.

Aegis Vopak Terminals IPO Gmp Today

The trends for aegis vopak terminals shares in the unlisted market remain According to stock market observers, AEGIS VOPAK TERMINALS IPO GMP Today is just 1.5 per share. This means that that, in the green market, aegis vopak terminals shares are trading higher by 1.5 Apiece than their issue price.

Considering the Aegis Vopak Terminals IPO GMP Today, The Estimated Listing Price of Aegis Vopak Terminals IPO Shares is 236.5 Apiece, which is at a premium of 0.64% to the IPO price of 235 per share.

Leela Hotels IPO GMP Today

Leela Hotels IPO GMP Today also remains muted. As per Market Experts, Leela Hotels iPO GMP Today is 3 per share. This indicates that the estimated listing price of leela hotels shares would be 438 apiece, a premium of 0.69% to the IPO price of 435 per share.

IPO subscription details

Leela Hotels iPo and Aegis Vopak Terminals IPO Failed to Generate Euphoria in the Market and Garner Massive Subscriptions.

Leela Hotels iPo was subscribed 4.50 times in total as it received bids for 20.96 Crore Equity Shares as against 4.66 Crore Shares on the offer. The Public Issue was subscribed 0.83 times in the retail category, 7.46 times in the Qualified Institutional Buyers (QIB) category, and 1.02 times in the non -instructive invittenals (nii) segment.

AEGIS VOPAK TERMINALS IPO RECEVED EVEN LESS Interest, With An Overall Subscription of 2.09 Times. The Public Issue Subscribed 0.77 Times in the Retail Category, 3.30 Times in QIB, and 0.56 Times in the NII Category.

Analysts attribute the subdued response for the two IPOS Primarily to High Valuations and Uncertain Market Sentiments.

IPO Details

Leela Hotels iPo and Aegis Vopak Terminals iPo Were Open for Public Subscription from May 26 to May 28. The IPLOLOTMENT WAS FINALSENT WAS FINALSED ON MAY 29 and Both the IPOS will Listing On June 2.

The 3,500-Crore Leela Hotels IPO Comprised A Fresh issue of 5.75 Crore Equity Shares Worth 2,500 Crore and An Offer-For-SALE (ofs) of 2.30 Crore Shares Amouning to 1,000 Crore. On the other hand, Aegis vopak terminals iPo was a 2,800 Crore offer, Entrely Consisting of a Fresh issue of 11.91 Crore Shares.

Aegis Vopak Terminals IPO Price Band Was Fixed At 235 per share, while leela hotels iPo price band was set at 413 to 435 per share.

Aegis vopak terminals are valued at a steep price-to-earnings (p/e) multiple of 235x based on fy24 earnings, significantly Higher than the peer average of 42x. The company’s price-to-book (p/b) ratio stands at 18x, which is three times the industry average of 6x, indicating a Premium Valuation.

In comparison, the IPO of leela hotels is priced at 435, translating to a p/e of 220.8x based on fY25 Projected EPS of 1.97. While this Valuation is more than double the peer average of approximately 98.9x, the price-to-book ratio of 2.92x appeares reasonable.

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