VMS TMT IPO Listing at 5.96% Premium at ₹104.90 Per Share

Thu Sep 25 2025

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VMS TMT IPO Listing: The VMS TMT IPO was subscribed 169.09 times as of its closing. In this subscription, qualified institutional buyers (QIBs) received 87.02 times the allocation, and non-institutional investors (NIIs) received 259.88 times the allocation. The retail quota of the issue was subscribed to 32.83%. Before delving deeper into the topic, go through the details of the VMS TMT IPO.

Table of Contents

VMS TMT IPO Listing

On the NSE (National Stock Exchange), shares are listed at ₹104.90 per share, reflecting a premium of 5.96% against the issue price of ₹ 99 per share. On the other hand, BSE (Bombay Stock Exchange) shares are listed at ₹105 per share, reflecting the premium of 6.06% against the issue price of 99 per share.

VMS TMT IPO Details

It is a bookbuilding IPO of ₹148.50 crore, comprising a fresh issue of 1.50 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 24th September 2025. The VMS TMT IPO date is fixed between 17th September 2025 and 19th September 2025. The face value of VMS TMT IPO shares stands at ₹10 per share, and the IPO price is set at ₹₹94 to ₹99 per share.

IPO Open Date	17th September 2025
IPO Close Date	19th September 2025
IPO Allotment Date	22nd September 2025
Refund Initiation	23rd September 2025
Issue Size	1,50,00,000 shares(aggregating up to ₹148.50 Cr)
Face Value	₹10 per share
Lot Size	150 shares
Issue Price Band	₹94 to ₹99 per share
Issue Type	Bookbuilding IPO
Listing At	BSE & NSE
Listing Date	24th September 2025

About VMS TMT Limited

VMS TMT is a Gujarat-based company that manufactures Thermo-Mechanically Treated (TMT) bars. The company also deals in scrap and binding wires, which are sold within Gujarat and other states.

The company’s manufacturing facility is strategically located in Bhayla Village, near Bavla in the Ahmedabad district of Gujarat, allowing for easy distribution of products. VMS TMT Limited operates through a distribution network on a non-exclusive basis. As of July 31, 2025, the company has:

3 distributors

227 dealers

VMS TMT Limited Financials

The company’s financial analysis is crucial before applying for the VMS TMT IPO. Refer to the table to learn about VMS TMT Limited’s financials.

Year Ended	30th June 2025(in cr)	31st March 2025 (in cr.)	31st March 2024 (in cr.)	31st March 2023 (in cr.)
Assets	449.35	412.06	284.23	227.28
Revenue	213.39	771.41	873.17	882.06
Profit After Tax	8.58	15.42	13.47	4.20
EBITDA	19.48	45.53	41.20	21.91
Net Worth	81.77	73.19	46.51	30.84
Reserve and surplus	47.14	38.56	33.18	18.23
Total Borrowing	309.28	275.72	197.86	162.70

Explanation

VMS TMT Limited’s revenue decreased by 12% from ₹771.41 crores in March 2024 to ₹213.39 crores in March 2025. Moreover, the company’s PAT increased by 14% from ₹15.42 crore to ₹ 8.58 crore.

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