Oil, gas and chemical logistics company Aegis Logistics Ltd. officially opened its Qualified Institutions Placement (QIP) of equity shares on November 11, 2026, setting a floor price of ₹1,161.85 per equity share. According to reports from CNBC TV18, the company's Fund Raising Committee approved the floor price at a meeting on the evening of November 11, 2026, in line with the pricing formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations. The committee also approved the preliminary placement document and application form dated November 11, 2026, which have been filed with both the Bombay Stock Exchange and National Stock Exchange for distribution to eligible qualified institutional buyers.
As reported by CNBC TV18, Aegis Logistics can offer a discount of up to 5% on the floor price, subject to its discretion. Shareholders had approved the discount through a special resolution passed on October 21, 2026. The final issue price will be determined by the Fund Raising Committee in consultation with the book-running lead managers. The company's board had approved the fundraise on September 28, 2026, followed by shareholder approval on October 21, 2026. The relevant date for determining the floor price was fixed as November 11, 2026, in accordance with Regulation 171(b)(i) of the SEBI ICDR Regulations.
Aegis Logistics reported impressive financial results for the September quarter, with net profit increasing 45% year-on-year to ₹261 crore compared with ₹180 crore a year earlier, as reported by CNBC TV18. Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 49.4% to ₹434 crore from ₹291 crore. The company's EBITDA margin widened significantly to 19.62% from 12.67%, demonstrating improved operational efficiency. However, revenue declined 3.5% year-on-year to ₹2,213 crore from ₹2,294 crore.
According to CNBC TV18, Aegis Logistics shares closed at ₹1,225.10 on November 11, 2026, down ₹1.60, or 0.13%, on the NSE. The fundraising committee retains the flexibility to offer a minor price discount on the fixed floor price, backed by strong institutional demand following the company's sharp surge in quarterly net profit and wider operating margins. Historical stock performance shows the company has delivered impressive returns with +479.78% over 5 years and +61.17% over 1 year, though it declined -11.65% in the last month.
