IPO watch: Why Leela Hotels, Aegis Vopak Terminals fail to create euphoria despite large fresh offers

Leela Hotels IPO worth ?3,500-crore comprised a fresh issue of 5.75 crore equity shares amounting to ?2,500 crore and an OFS of 2.30 crore shares aggregating to ?1,000 crore. Aegis Vopak Terminals IPO was a ?2,800 crore offer, entirely consisting of a fresh issue of 11.91 crore shares.

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