VMS TMT Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
Mainboard
Price Range:
Rs.99.00
Issue Size:
Rs.148.50 Cr
Lot Size:
150 shares
Open Date:
September 17
VMS TMT Ltd. IPO Overview
Bidding Dates
September 17 - September 19
Min Investment
₹14,850
Price Range
₹99.00
Issue Size
₹148.50 Cr
IPO DRHP Doc
Company Overview
VMS TMT Limited, incorporated in 2013, manufactures Thermo Mechanically Treated Bars (TMT Bars) and deals in scrap and binding wires. Its facility in Bhayla Village, Gujarat, supports efficient distribution. The company has a non-exclusive distribution network and entered a retail license agreement with Kamdhenu Limited to market TMT Bars as ‘Kamdhenu NXT’ in Gujarat. VMS TMT has a professional management team and 230 permanent employees, focusing sales on Tier II and Tier III cities, generating significant revenue from Gujarat.
IPO Timeline
Opens
Sep 17
Closes
Sep 19
Allotment
Sep 22
Refunds
Sep 23
Shares Credit
Sep 23
Listing
Sep 24
Opens
Sep 17
Closes
Sep 19
Allotment
Sep 22
Refunds
Sep 23
Shares Credit
Sep 23
Listing
Sep 24
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 120.80x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 227.08x | Oversubscribed |
| RII (Retail Individual Investors) | 47.85x | Oversubscribed |
| Total Subscription | 102.24x | Oversubscribed |
Last updated: Sep 19, 2025, 05:06 PM
Current GMP:
Rs.11
Est. Listing:
Rs.110
Est. Gain:
+11.1%
Star Rating:
★★★★★(0/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Assets | ₹412.06 Cr | ₹412.06 Cr | ₹284.23 Cr | ₹227.28 Cr |
| EBITDA | ₹45.53 Cr | ₹45.53 Cr | ₹41.2 Cr | ₹21.91 Cr |
| NET Worth | ₹73.19 Cr | ₹73.19 Cr | ₹46.51 Cr | ₹30.84 Cr |
| Profit After Tax | ₹15.42 Cr | ₹15.42 Cr | ₹13.47 Cr | ₹4.2 Cr |
| Reserves and Surplus | ₹38.56 Cr | ₹38.56 Cr | ₹33.18 Cr | ₹18.23 Cr |
| Total Borrowing | ₹275.72 Cr | ₹275.72 Cr | ₹197.86 Cr | ₹162.7 Cr |
| Total Income | ₹771.41 Cr | ₹771.41 Cr | ₹873.17 Cr | ₹882.06 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Annual production capacity of 200,000 MT with significant output in FY24.
- Over 98% of revenue is derived from operations in Gujarat, indicating market dominance in the region.
- Partnership with Kamdhenu Limited allows marketing under the ‘Kamdhenu NXT’ brand.
- Plans to produce billets in-house to reduce dependency on external suppliers.
IPO Details
VMS TMT IPO Details
| Face Value | ₹10 per share |
| IPO Date | September 17, 2025 to September 19, 2025 |
| Issue Price Band | ₹94 to ₹99 per share |
| Issue Price Final | ₹99 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Listing Date | September 24, 2025 |
| Lot Size | 150 Shares |
| Sale Type | Fresh Capital |
| Share Holding Post Issue | 4,96,31,210 shares |
| Share Holding Pre Issue | 3,46,31,210 shares |
| Total Issue Size | 1,50,00,000 shares (aggregating up to ₹148.50 Cr) |
VMS TMT IPO Reservation
Share Reservation Distribution
Retail
7,500,000 shares (60.98%)
HNI (NII)
3,000,000 shares (24.39%)
bNII (>₹10L)
1,999,500 shares (16.26%)
sNII (<₹10L)
1,000,500 shares (8.13%)
VMS TMT IPO Promoter Holding
| Promoter Holding Post Issue | 67.19% |
| Promoter Holding Pre Issue | 96.28% |
VMS TMT IPO Listing Details
| BSE Listing Group | T (Trade to Trade) |
| BSE Script Code | 544521 |
| Final Issue Price | ₹99 per share |
| ISIN | INE0SJA01013 |
| Listing Date | September 24, 2025 |
| NSE Symbol |
Key Dates
Open Date:September 17
Close Date:September 19
Listing Date:September 24
