vms tmt limited

vms tmt limited

VMSTMT • ISIN: INE0SJA01013

BSE, NSE

Listing Price: ₹104.9

+5.96% Gain
About Company

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

Investment Objective

Repayment/ prepayment, in full or part, of all or a portion of certain borrowings availed by the Company

General corporate purposes

₹94 to ₹99

Price Band

141.5 Crores

Issue Size

14.8K

Min Investment

150 shares

Lot Size

14.32x

P/E Ratio

Important Dates

Issue Opens

17 Sept 2025

Issue Closes

19 Sept 2025

Allotment

21 Sept 2025

Listing

23 Sept 2025

Subscription Status
QII

Qualified Institutional Investors

120.80x

217,444,650 / 1,800,000 shares

HNI (>₹10L)

High Networth Individuals (Above ₹10 Lakhs)

243.91x

487,692,900 / 1,999,500 shares

NII (<₹10L)

Non-Institutional Investors (Below ₹10 Lakhs)

193.49x

193,590,300 / 1,000,500 shares

Retail

Retail Individual Investors

47.89x

359,143,350 / 7,500,000 shares

Financial Performance
Offer Documents
RHP
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DHRP
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Issue Details
Issue TypeBB
Face Value₹10
Lead ManagersArihant Capital Markets Ltd.
Min Quantity150
Max Quantity5,050
Company Promoters
Varun Manojkumar Jain
Rishabh Sunil Singhi
Manojkumar Jain
+1 more
Website

http://www.vmstmt.com/

Email

compliance@vmstmt.com

Phone+91 63575 85711
Address

VMS TMT Ltd.
Survey No 214 Bhayla Village,
Near Water Tank Bavla,
Ahmedabad
Ahmedabad, Gujarat, 382220