IPO Detail
VMS TMT Limited
SMENot investment advice. Read RHP before applying.
Overview
About the Company
VMS TMT Limited is a manufacturer of TMT (Thermo-Mechanically Treated) steel bars used in construction and infrastructure sectors, operating out of Surat, Gujarat.
New to IPO analysis? You may review our structured guides on how IPO allotment works and IPO subscription meaning to better understand demand and allocation mechanics.
Issue
IPO Issue Details
Issue Price
₹66 – ₹70
Face Value
₹10
Issue Size
10.5
Fresh Issue
10.5
Listing At
—
Lead Manager
Fast Track Finsec Private Limited
Registrar
Purva Sharegistry India Private Limited
Lot Size
2000
For category-wise quota breakdown such as QIB, HNI, and Retail allocation, refer to our IPO quota structure explanation.
Milestones
Timeline
If you are tracking GMP alongside subscription demand, see our grey market premium guide for a structured comparison framework.
Subscription
Live Subscription Details
Subscription Progress
Subscription data sourced from exchange updates. Values represent times subscribed (x).
Learn how subscription categories are allocated by reading our guide on QIB, HNI and Retail IPO quota structure.
If you are tracking GMP alongside subscription demand, see our grey market premium guide for a structured comparison framework.
Allotment Probability Calculator
SEBI-compliant allotment prediction based on live subscription data.
Chance of Allotment
1.9%
The Retail category is oversubscribed by 53.30x. Under SEBI rules, allotment is done via a draw of lots (lottery). Every successful applicant gets a maximum of 1 lot, regardless of how many lots they applied for.
GMP (Grey Market Premium)
GMP Overview
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Updated —
Issue price comparison unavailable
GMP is unofficial and indicative only. It does not guarantee listing price or returns.
GMP is unofficial and indicative. To understand interpretation logic and limitations, read our IPO Grey Market Guide or begin with what IPO GMP means.
Trend
GMP Trend
No GMP data yet. Updates will appear once available.
Investment
Market Lot Details
Investors can bid in multiples of the lot size. Final investment depends on the cutoff price.
Allocation
Reservation Details
QIB
50%
NII
15%
RII
35%
Employee
—
Issue Summary
Objectives of Issue
Fresh issue for capacity expansion and working capital.
Financials
Key Financial Metrics
EPS Pre IPO
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EPS Post IPO
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P/E Pre
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P/E Post
—
ROCE
—
Debt / Equity
—
PAT Margin
—
Market Cap
—
Financial figures sourced from official offer documents. Always verify with the RHP.
Ownership
Promoter Holdings
Pre Issue
100%
Post Issue
75%
Contacts
Company & Registrar Details
Company Address: Survey No. 1073-A, GIDC Estate, Chhara, Surat, Gujarat 395004
Phone: —
Email: —
Website: https://vmstmt.com
Registrar: Purva Sharegistry India Private Limited
Registrar Phone: +91-22-2311-6003
Registrar Email: —
Registrar Website: https://purvasharegistry.com
SME Specific
Market Maker Details
Market Maker Shares Offered
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Market Maker Reservation (%)
—
Applicable only for SME IPOs where a market maker is appointed to provide liquidity post listing.
Documents
Important Links
DRHP
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RHP
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Allotment Status
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Performance
Listing Performance
Listing Exchange
NSE Emerge
Listing Price
₹85
Listing Gain
21.43%
Application
How to Apply
UPI Method (ASBA)
Log in to your broker's app or net banking, navigate to the IPO section, select this IPO, enter lot quantity, and authorise via UPI mandate. Funds are blocked, not debited, until allotment.
ASBA via Net Banking
Log in to your bank's net banking portal, go to the IPO / ASBA section, fill in the bid details, and submit. Your bank will block the required amount automatically.
Allotment & Refund
Allotment status is typically available within 6 days of the IPO close date. Refunds for unallotted bids are credited within 2 working days post allotment.
You may also review the complete IPO allotment process explanation to understand lottery mechanics and refund timelines.
Qualitative Factors
Strengths & Risks
Company Strengths
Construction sector demand; Gujarat manufacturing base; cost-competitive TMT bars.
Company Risks
Steel price volatility; competition from large TMT producers; construction sector cyclicality.
Legal Disclaimer
Information is sourced from publicly available exchange filings and company offer documents. GMP is unofficial and indicative. IPOCraft does not provide investment advice.
Research Before You Apply