So, like, The Leela Palaces and Aegis Vopak Terminals have been making waves in the market, raising a whopping ₹2,835 crore from their anchor investors. The Leela Palaces, backed by Brookfield, managed to snag ₹1,575 crore from 47 anchor investors, selling each share at ₹435. On the other hand, Aegis Vopak Terminals secured ₹1,259.99 crore from 32 anchor investors by offering shares at ₹235 each. The anchor books saw participation from big shots like HDFC Mutual Fund, ICICI Prudential MF, and even international players like Fidelity and Norges Bank.
Now, let’s talk about The Leela Palaces IPO. They allotted a total of 36,206,896 equity shares, with a chunk of shares going to domestic mutual funds. The IPO is set to open for public subscription on May 26, 2025, and will close on May 28, 2025. The price band is between ₹413-435 per share, and you gotta bid for a minimum of 34 shares. As for Aegis Vopak Terminals, they allotted 5,36,17,021 equity shares at ₹235 per share, including a share premium of ₹225. The face value of each share is ₹10. The book running lead managers for the Aegis Vopak issue are ICICI Securities, BNP Paribas, IIFL Capital Services, Jefferies India, and HDFC Bank.
Not really sure why this matters, but it seems like these IPOs are attracting some serious attention from investors, both domestic and international. Maybe it’s just me, but it looks like these companies are on to something big. Who knows, right? Just keep an eye on how things unfold in the market.
