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VMS TMT Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹99
Issue Price
₹99
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹99
GMP based
Lot Size
150
shares / lot
Min Amount
₹14,850
1 lot · 150 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
17 Sep 2025
Wed Completed
Done
Close Date
19 Sep 2025
Fri Completed
Done
Allotment
22 Sep 2025
Mon Completed
Done
Refund
23 Sep 2025
Tue Completed
Done
Demat Credit
23 Sep 2025
Tue Completed
Done
Listing Date
24 Sep 2025
Wed Completed
UPI Deadline: 19 Sep 2025
Issue Details
Pricing & Size
Issue Price
₹99 Face ₹10
Lot Size
150 shares
Min Investment
₹14,850
Total Issue Size
1,50,00,000 shares (aggregating up to ₹148.50 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
45,00,000 (30.00%)
NII / HNI
30,00,000 (20.00%)
Retail
75,00,000 (50.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
3,46,31,210 shares
Post-Issue Shareholding
4,96,31,210 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 150 ₹14,850
HNI / NII 14 2,100 ₹2,07,900
bHNI / bNII 68 10,200 ₹10,09,800
Objects of Issue
2 objectives
1
1 Repayment/ prepayment, in full or part, of all or a portion of certain borrowings availed by the Company
115.00 Cr
2
2 General corporate purposes
20.65 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Arihant Capital Markets Ltd.
IPO Timeline
Open
17 Sep
✓ Done
Close
19 Sep
✓ Done
Allotment
22 Sep
✓ Done
Listing
24 Sep
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
vtl.ipo@kfintech.com
Company Contact
Email
compliance@vmstmt.com
Phone
+91 63575 85711
Address
Survey No 214 Bhayla Village, Near Water Tank Bavla, Ahmedabad Ahmedabad, Gujarat, 382220
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹99
Est. Listing
₹99
Lot Size
150 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
VMS TMT Ltd. LIVE
INR ·
vs Issue
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P/E
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| Price
Market Reference
IPO Issue Price
₹99
GMP
+₹0 (+0%)
GMP Est. Listing
₹99
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 45,00,000 (30.00%) ₹4,455.00 Cr
NII / HNI (Total) 30,00,000 (20.00%) ₹2,970.00 Cr
Retail Investors 75,00,000 (50.00%) ₹7,425.00 Cr
Total ** 1,50,00,000 (100.00%) ₹148,500.00 Cr
* Based on ₹99.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
45,00,000 (30.00%)
NII
30,00,000 (20.00%)
Retail
75,00,000 (50.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric30 Jun 202531 Mar 202531 Mar 2024
Revenue213.39771.41873.17
PAT8.5815.4213.47
EBITDA19.4845.5341.20
Net Worth81.7773.1946.51
Total Assets449.35412.06284.23
Reserves47.1438.5633.18
Borrowings309.18275.72197.86
Key Financial Ratios
12.79%
ROCE
Return on Capital Employed
20.14%
RONW
Return on Net Worth
1.91%
PAT Margin
PAT / Revenue
5.91%
EBITDA Mgn
EBITDA / Revenue
3.77
D/E Ratio
Debt to Equity
7.43
P/BV
Price to Book Value
4.45
Pre EPS
EPS Pre-Issue
6.91
Post EPS
EPS Post-Issue
22.24
Pre P/E
P/E Pre-Issue
14.32
Post P/E
P/E Post-Issue
About VMS TMT Ltd.

Incorporation in 2013, VMS TMT Limited is primarily engaged in the manufacturing of Thermo Mechanically Treated Bars (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 Ahmedabad district, Gujarat, allowing easy distribution of products.

Distribution Network:

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

This network enables the company to efficiently supply its products to customers across Gujarat and other states.

Retail License Agreement:

On November 7, 2022, VMS TMT Limited entered into a retail license agreement with Kamdhenu Limited. This agreement allows the company to market its TMT Bars under the brand name ‘Kamdhenu NXT’ on mutually agreed terms within the State of Gujarat.

Workforce:

The company is supported by an experienced and professional management team along with a workforce of 230 permanent employees as of July 31, 2025.

Revenue Focus:

The company has primarily focused its sales efforts on Tier II and Tier III cities. Over the last three fiscal years, the company has generated a significant portion of its revenue from Gujarat:

  • Fiscal 2024: 98.78% of revenue from Gujarat
  • Fiscal 2023: 98.43% of revenue from Gujarat
  • Fiscal 2022: 99.19% of revenue from Gujarat
Frequently Asked Questions
What is the issue price of VMS TMT Ltd. IPO?
The issue price of VMS TMT Ltd. IPO is ₹99 per share, face value ₹10.
What is the lot size?
Minimum lot size is 150 shares, requiring ₹14,850.
What are the IPO dates?
Opens 17 Sep 2025, closes 19 Sep 2025.
When is the listing date?
Tentative listing: 24 Sep 2025 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹99 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

VMS TMT Ltd. IPO · Expected 22 Sep 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
22 Sep 2025
Refund Initiation
23 Sep 2025
Demat Credit
23 Sep 2025
Listing Date
24 Sep 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹99
Face ₹10
Lot Size
150
shares / lot
Min Amount
₹14,850
1 lot
Est. Listing
₹99
GMP +₹0
Key Dates
Open
17 Sep Done
Close
19 Sep Done
Listing
24 Sep Done
Registrar
Kfin Technologies Ltd.
A
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