Aegis Vopak Terminals Ltd. shares closed at a 10% premium on the NSE and a 9.98% premium on the BSE compared to their listing price.
The stock, despite listing at a 6% discount, rallied in Monday's trading session to hit the 10% upper circuit upon market close.
Aegis Vopak's IPO, subscribed 2.09 times, saw strong institutional interest while retail participation was muted, reflecting concerns over valuation.
Aegis Vopak Terminals is recognized as India's largest third-party owner and operator of tank storage terminals for liquefied petroleum gas and liquid products.