VMS TMT IPO Date, Review, Price, Allotment Details
VMS TMT IPO will open on September 17, 2025, and close on September 19, 2025. It is a Book Built Issue through which the company aims to raise approximately ₹148.50 crores, comprising a fresh issue of ₹148.50 crores and an offer for sale of up to [.] equity shares with a face value of ₹10 each.
The IPO price band has been set at ₹94 to ₹99 per share. The quota distribution is 50% for retail investors, 30% for QIBs, and 20% for HNIs. The allotment is scheduled for September 22, 2025, and the IPO is expected to list on BSE and NSE on September 24, 2025.
In terms of financial performance, the company reported a revenue of ₹771.41 crores in FY 2025, compared to ₹873.17 crores in FY 2024. Its profit increased to ₹15.42 crores in FY 2025, up from ₹13.47 crores in FY 2024. Based on these financials, the IPO appears suitable for investors with a long-term investment perspective.
VMS TMT IPO Details
VMS TMT IPO Market Lot
The VMS TMT IPO minimum market lot is 150 shares with ₹14,850 application amount. The retail investors can apply up to 13 lots with 1,950 shares of ₹1,93,050.
IPO Reservation
VMS TMT IPO Anchor Investors
VMS TMT IPO Dates
The VMS TMT IPO date is September 17, and the close date is September 19. The VMS TMT IPO allotment will be finalized on September 22, and the IPO listing will be on September 24.
Promoters and Holding Pattern
The promoters of the company are Varun Manojkumar Jain, Rishabh Sunil Singhi, Manojkumar Jain, and Sangeeta Jain.
Objects of the Issue & Utilisation of Proceeds
About VMS TMT IPO
VMT TMT Ltd is a manufacturer of Thermo Mechanically Treated (TMT) Bars, founded in 2013. The company serves a diverse customer base, including retail and institutional clients across Gujarat (excluding the Saurashtra and Kutch districts). As of July 31, 2025, VMT TMT Bars are sold through a non-exclusive distribution network comprising 3 distributors and 227 dealers. The company emphasizes sustainability, environmental responsibility, quality, health, and safety in its operations.
Promoters and Management: VMT is led by experienced promoters—Varun Manojkumar Jain, Rishabh Sunil Singhi, Manojkumar Jain, and Sangeeta Jain—who collectively have over 30 years of experience in the steel industry. The company also has a dedicated workforce of 230 permanent employees.
Unique Strengths: VMT focuses on cost efficiency and sustainability by utilizing renewable energy and producing some of its own raw materials, which helps reduce costs, improve the supply chain, and strengthen operational resilience.
VMS TMT IPO Company Financial Report
The company reported a revenue of ₹771.41 crores in FY 2025, compared to ₹873.17 crores in FY 2024. Its profit increased to ₹15.42 crores in FY 2025, up from ₹13.47 crores in FY 2024.
Amount ₹ in Crores
VMS TMT IPO Valuation – FY2025
Check VMS TMT IPO valuations details like Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Peer Group Comparison
IPO Lead Managers aka Merchant Bankers
- Arihant Capital Markets Ltd.
IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: vtl.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Company Address
VMS TMT Ltd.
Survey No. 214 Bhayla Village,
Near Water Tank Bavla,
Ahmedabad
Ahmedabad, Gujarat, 382220
Phone: +91 63575 85711
Email: compliance@vmstmt.com
Website: http://www.vmstmt.com/