Archive · 20 Sep 2025
VMS TMT IPO: Allotment Date Set, Listing Expected Soon
VMS TMT Ltd, a TMT Bar manufacturer, had an IPO where they sold shares to the public.
The price of each share was between ₹94 and ₹99.
The IPO was open for subscription from September 17 to 19.
The IPO was very popular, with investors wanting to buy many more shares than were available.
The company is expected to announce who got the shares (allotment) on September 22.
The shares are expected to start trading on the stock market on September 24.
This is expected to generate about 11% in premium.
VMS TMT IPO was open for subscription from September 17 to 19.
The IPO price band was set at ₹94 to ₹99 per share.
The company aimed to raise ₹148.50 crore.
The allotment date is likely to be September 22.
Shares will be listed on BSE and NSE on September 24.
- Who
- VMS TMT Ltd
- What
- Initial Public Offering (IPO)
- When
- Subscription from September 17-19, Allotment likely Sept 22, Listing Sept 24
- Where
- BSE and NSE
- Why
- To raise ₹148.50 crore through a fresh issue.
Investors
Book Runners
IPO Subscription
Investors
High subscription indicates strong investor interest.
Book Runners
Successful IPO will provide funds to the business.
- Company
- VMS TMT Ltd
- IPO Price Band
- ₹94 - ₹99 per share
- Total Shares Offered
- 1.50 crore
- Issue Size
- ₹148.50 crore
- Subscription Period
- September 17-19
- Allotment Date
- September 22 (likely)
- Listing Date
- September 24 (likely)
- GMP
- ₹11 per share
- Subscription Status
- 102.26 times overall
Sources
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EPack Prefab Technologies IPO price band fixed at ₹194-204; issue to open next week on Sept 24
Ivalue Infosolutions IPO subscribed 0.89 times on Day 2; QIB portion fully booked, GMP signals healthy listing