IPO - Initial Public Offerings

 VMSTMT

  

VMS TMT LTD. IPO

17 Sep, 10:00 AM

Issue Open

19 Sep, 05:00 PM

Issue Close

150

Lot Size

₹ 94.00 – ₹ 99.00

Price Range

IPO Issue Details

Issue size 148.50 Cr
Market Price 99.00
Registrar Kfin Technologies Ltd
Face Value RS.10 /- Per share
Listing at NSE BSE

About

VMS TMT LTD. IPO
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

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 1 150 ₹ 14,850.00
Retail (Max) 13 1950 ₹ 1,93,050.00
S-HNI (Min) 14 2100 ₹ 2,07,900.00
S-HNI (Max) 67 10050 ₹ 9,94,950.00
B-HNI (Min) 68 10200 ₹ 10,09,800.00

IPO TimeLine

Open Date 17-Sep-2025
Close Date 19-Sep-2025
Basis of Allotment Date 22-Sep-2025
Initiation of Refunds 23-Sep-2025
Credit Shares to Demat A/c 23-Sep-2025
IPO Listing Date 24-Sep-2025