Aegis Vopak Terminals IPO opens for subscription. Should you apply?

Aegis Vopak Terminals launched its IPO on May 26, aiming to raise ₹2,800 crore through a fresh issue of shares. Initial subscription rates were modest, with retail investors showing more interest than other categories. The funds will be used for debt repayment, acquiring a cryogenic LPG terminal, and general corporate needs, with shares expected to list on June 2.

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