Aegis Vopak, Leela Hotels see week listing: Check details

Two key IPOs — Aegis Vopak Terminals Ltd and Leela Hotels Ltd —debuted on the bourses today amid sluggish market mood. Leela Hotels listed at a discount of 6.55 per cent at Rs 406.5 per share, while Aegis Vopak listed at a price of Rs 220, a cut of 6.38 per cent over issue price.

Market expert and Zee Business Managing Editor Anil Singhvi has shared his outlook for both listings. While Singhvi has reiterated his long-term positive view on both stocks, he also urged short-term investors to remain cautious with strict stoploss levels in place.

Aegis Vopak IPO: Listing around issue price likely

According to Singhvi, Aegis Vopak is expected to list close to its issue price of Rs 235. He had earlier recommended subscribing to the IPO from a long-term investment perspective, especially given the company's robust fundamentals and potential in the energy logistics space.

For long-term investors with a one to three-year horizon, Singhvi recommends holding the stock post-listing, citing the company’s strong parentage, operational strength, and sectoral tailwinds.

Leela Hotels IPO: Steady listing on cards near Rs 435

Singhvi said Leela Hotels is also likely to list around its issue price of Rs 435. He maintained his earlier stance of applying to the IPO from a long-term point of view, especially given the company’s brand recognition in the premium hospitality segment.

He added that long-term investors should hold the stock for at least one to three years, as the hotel industry is expected to benefit from rising travel demand, favourable government policy, and increased domestic tourism.

Singhvi’s strategy: Long-term hold, short-term caution

Both Aegis Vopak and Leela Hotels have received decent responses from investors, but Singhvi emphasized that listing day volatility cannot be ruled out, especially given market mood swings and sector-specific news flows.

He has not declared a clear favourite between the two, but has highlighted long-term growth visibility in both names. Singhvi's advice aligns with his broader approach of investing in IPOs based on fundamentals and holding for sustained returns, instead of focusing purely on listing gains.

Investors are advised to watch opening cues closely and follow stoploss discipline if participating with short-term intent.