VMS TMT
24 Sep '25MAINBOARD
Min. Investment
₹14,100
Issue size
₹148.5 Cr
GMP
Locked
Overall subscription: 90.71x
Check allotment status
Expert verdict
IPO dates
17 Sep
Opening
19 Sep
Closing
22 Sep
Allotment
24 Sep
Listing
*Refunds will be initiated on 23 Sep '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹14,850 |
| HNI (Min) | 14 | 2100 | ₹2,07,900 |
Subscription (as on 17 October 2025, 06:30 PM)
Overall90.71x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2013|MD: Mr Varun Manojkumar Jain
- VMS TMT is engaged in the manufacturing of thermo-mechanically treated (TMT) bars, which are primarily used in the construction industry. The company derives most of its revenue from the sale of TMT bars, while also generating income from the sale of scrap, binding wires, and billets. Its customer base consists of both retail and institutional buyers, largely concentrated in the state of Gujarat, except for the Saurashtra and Kutch regions.
- VMS TMT operates a manufacturing facility at Bhayla Village, Ahmedabad, Gujarat. Production is carried out using scrap and billets through induction furnaces, continuous casting machines (CCMs), and rolling mills.
Issue Details & Objective
Lot size
150 Shares
Price band
₹94 to 99
Face value
₹10 per share
Financials
IPO reservation
QIB - 14.63%
HNI - 24.39%
Retail - 60.98%
Download DRHP (IPO Doc)FAQs
Should I apply for the VMS TMT IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of VMS TMT IPO?
The issue size of VMS TMT IPO is ₹148.5 Cr
What are the open and close dates for VMS TMT IPO?
The VMS TMT IPO will be open for applications from 17 Sep '25 to 19 Sep '25
What is the lot size and minimum order quantity of VMS TMT IPO?
The lot size of VMS TMT IPO is 150 Shares and its minimum investment amount is ₹14,100.
What is the GMP value of VMS TMT IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for VMS TMT IPO is 11.11
