VMS TMT IPO Details
The VMS TMT IPO is a book build issue with a total issue size of ₹148.5 cr, comprising of fresh issue of 15000000 equity shares. VMS TMT IPO opened for subscription on Sep 17, 2025 and closed on Sep 19, 2025. VMS TMT IPO is set price band at ₹94 to ₹99 per share, with a lot size of 150 shares. Minimum investment for Retail investors was ₹14,850.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 22, 2025, and listed on both the NSE and BSE on Sep 24, 2025.
Kfin Technologies Limited has been appointed as the registrar. Arihant Capital Markets Ltd are the Book Running Lead Manager for the issue.
Before investing in the VMS TMT IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 94 – 99
- Lot Size
- 150
- Issue Size
- ₹148.5 Cr
- Minimum Investment
- ₹14850 (150 Shares)
- Listing Date
- 24 September 2025
Current GMP
₹11 (+11.11%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About VMS TMT Limited
Incorporated in 2013, VMS TMT Limited is engaged in the manufacturing of Thermo Mechanically Treated (TMT) Bars. In addition to TMT bars, the company also trades in scrap and binding wires, catering to customers within Gujarat as well as other states.
The company’s manufacturing facility is strategically located at Bhayla Village, near Bavla in Ahmedabad district, Gujarat, providing excellent connectivity for efficient distribution of its products.
Distribution Network
VMS TMT Limited operates through a well-established distribution network on a non-exclusive basis. As of August 31, 2024, the company’s network comprises:
- 3 distributors
- 227 dealers
This network enables the company to effectively serve its customers across Gujarat and select other states.
Retail License Agreement
On November 7, 2022, VMS TMT Limited entered into a retail license agreement with Kamdhenu Limited. Under this agreement, the company is authorized to market its TMT Bars under the brand name ‘Kamdhenu NXT’ within Gujarat, on mutually agreed terms.
Workforce
The company’s operations are supported by a professional and experienced management team, along with 170 permanent employees as of September 10, 2024.
VMS TMT IPO Promoters
- Varun Manojkumar Jain
- Rishabh Sunil Singhi
- Manojkumar Jain
- Sangeeta Jain
Promoters Holding
Holding Pre Issue
96.28%
Holding Post Issue
67.19%
VMS TMT IPO Objective
The Company VMS TMT IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding capital expenditure for setting up of solar power plant at Survey Nos. 82, 81, 63, 64, 61,49,40 and 39 situated at Village Zenta, Tharad Taluka, Banaskantha District, Gujarat – 385565. (“Solar Power Plant”)
- Funding long-term working capital requirements of our Company
- Repayment/ prepayment, in full or part, of certain borrowings availed by our Company
- General Corporate Purposes
Address / Contact Info
VMS TMT Ltd.
Survey No 214 Bhayla Village,
Near Water Tank Bavla,Ahmedabad
Ahmedabad, Gujarat, 382220
Phone: +91 63575 85711
Email: compliance@vmstmt.com
Website: http://www.vmstmt.com/
IPO Snapshot
Book Running Lead Managers
- Arihant Capital Markets Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
VMS TMT IPO is a Book-building IPO with a total issue size of ₹148.5 crore. The VMS TMT IPO price band is ₹94 to 99 per share. The VMS TMT IPO subscription opens on Wed, Sep 17, 2025, and closes on Fri, Sep 19, 2025. The VMS TMT IPO will be listed on the BSE,NSE. Kfin Technologies Limited is the registrar for the VMS TMT IPO .
The VMS TMT IPO opens on Wed, Sep 17, 2025 and closes on Fri, Sep 19, 2025
VMS TMT IPO Price Band is ₹94 to 99 per share.
VMS TMT IPO lot size is 150 shares, Retail investors need a minimum investment of ₹14850 based on the upper price band
The minimum investment for VMS TMT IPO is ₹14850, based on one lot of 150 shares at the upper price band of ₹99 per share.
Investors can apply for the VMS TMT IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Sep 19, 2025. The application amount remains blocked until the VMS TMT IPO allotment is finalized.
VMS TMT IPO issue size is ₹148.5 crores.
VMS TMT IPO allotment date is Wed, Jul 1, 2026.
The registrar for VMS TMT IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check VMS TMT IPO allotment status, refund processing, and other IPO-related information.
The VMS TMT IPO GMP (Grey Market Premium) is ₹11 as of Wed, Sep 24, 2025. Based on the upper price band of ₹99 per share, the estimated VMS TMT IPO listing price is ₹110, indicating a potential listing gain of approximately 0% over the issue price.