VMS TMT IPO GMP: Day 1 IPO Live Updates

Posted by : sachet | Wed Sep 17 2025

Check Expert’s Verdicts on VMS TMT IPO

The VMS TMT IPO GMP is ₹23 as of 17th September 2025. It is a bookbuilding IPO of ₹148.50 crores. This is an entirely new issue of 1.50 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 24th September 2025. The face value of VMS TMT shares stands at ₹10 per share, and the IPO price band is set at ₹94.00 to ₹99.00 per share. Retail investors can bid for a minimum of 2 lots of 2,400 shares worth ₹2,88,000.

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VMS TMT IPO Grey Market Premium

As of 17th September 2025, VMS TMT IPO GMP stands at ₹23 per share. Thus, the estimated listing price would be ₹122. This indicates that the estimated listing gain in this IPO could be 23.23%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for the VMS TMT IPO GMP updates.

GMP Date	IPO Price	GMP	Estimated Listing Price	Estimated Listing Gains
17-09-2025	₹99.00	₹23.00	₹122.00	23.23%
16-09-2025	₹99.00	₹23.00	₹122.00	23.23%
15-09-2025	₹99.00	₹23.00	₹122.00	23.23%
14-09-2025	₹99.00	₹20.00	₹119.00	20.20%
13-09-2025	₹99.00	₹18.00	₹117.00	18.18%
12-09-2025	₹99.00	₹10.00	₹109.00	10.10%
11-09-2025	₹99.00	₹0.00	₹99.00	10.10%

VMS TMT IPO Details

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

Explanation

VMS TMT IPO: VMS TMT Limited has declared that the issue price band is set at ₹94.00 to ₹99.00 per share. With this IPO, the company allows retail investors to bid for one lot of 150 shares worth ₹14,850. The face value of VMS TMT Limited shares is ₹10 per share. The shares of VMS TMT Limited will be listed on BSE and NSE on its tentative listing day, 24th September 2025. Scroll down to view GMP updates and reviews of the VMS TMT IPO.

Objectives of the VMS TMT IPO

The primary aim of the VMS TMT IPO is to raise ₹148.50 crores. On the other hand, VMS TMT has decided to utilise these funds in different ways. Explore some of the secondary objectives for the VMS TMT IPO.

For general corporate purposes.
To repayment or prepayment of certain borrowings availed by the company.

VMS TMT IPO Registrar

Kfin Technologies Limited is the registrar of the VMS TMT IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the VMS TMT allotment and refund, please contact Kfin Technologies Limited at reachus@kfintech.com or 04067162222, 04079611000.

VMS TMT IPO Review

The VMS TMT IPO has gained neutral ratings from industry experts, brokers, and institutional investors. 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. Investors can analyse other relevant factors and make a decision accordingly.

Most analysts recommend applying for this IPO to diversify your investment portfolio in the stock market. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the VMS TMT IPO or not.

VMS TMT Limited Technicals

Key Indicators	Value
PE Ratio (Price-to-Earnings)	22.24
EPS (Earnings Per Share)	4.45
RoNW	20.14%
ROCE	12.79%
ROE	[.]
EBITDA Margin	5.91%
Price to Book Value	7.43
Market Capitalisation	₹491.35 Cr

The PE ratio of VMS TMT Limited shares is 22.24, and its Earnings Per Share (EPS) stands at ₹4.45. Thus, the VMS TMT IPO can potentially deliver gains on its tentative listing date, 24th September 2025.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of VMS TMT Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics.

Indicators	Pre-IPO	Post-IPO
PE Ratio	22.24	14.32
EPS	4.45	6.91

FAQs on VMS TMT IPO

What is the GMP of the VMS TMT IPO?

Ans. As of 17th September 2025, the VMS TMT (Grey Market Premium) stands at ₹23. This indicates that the estimated listing price could be ₹122 per share.

What is the issue price of the VMS TMT IPO?

Ans. The VMS TMT IPO price is set at ₹94.00 to ₹ 99.00 per share. Retail investors can apply for a minimum of 1 lot consisting of 150 shares worth ₹14,850. Moreover, HNIs are required to bid for a minimum of 14 lots (2,100 shares) worth ₹2,07,900.

Who is the registrar of the VMS TMT IPO?

Ans. Kfin Technologies Limited is the registrar of the VMS TMT IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the VMS TMT allotment and refund, please contact Kfin Technologies Limited at reachus@kfintech.com or 04067162222, 04079611000.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the VMS TMT IPO, download the VMS TMT IPO RHP and VMS TMT IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.