
Vms Tmt Limited IPO
Vms Tmt Limited IPO is a Mainboard book building IPO. Issue size is 141.5 Crores. Price band is ₹94 to ₹99 per share. Minimum investment is ₹14,850. Lot size is 150 shares. Open from 17 Sept 2025 to 19 Sept 2025. Allotment on 21 Sept 2025. Listing on 23 Sept 2025 at BSE, NSE. Managed by Arihant Capital Markets Ltd. Registrar: Kfin Technologies Limited. Key details for GMP, subscription, price, allotment, and listing in one place.
Vms Tmt Limited IPO overview
Vms Tmt Limited IPO Key figures
Price band, lot, minimum application, and issue window at a glance.
Vms Tmt Limited IPO important dates
Vms Tmt Limited IPO lot size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹14,850 |
| Retail (Max) | 13 | 1,950 | ₹1,93,050 |
| S-HNI (Min) | 14 | 2,100 | ₹2,07,900 |
| S-HNI (UPI) | 33 | 4,950 | ₹4,90,050 |
| S-HNI (Max) | 67 | 10,050 | ₹9,94,950 |
| B-HNI (Min) | 68 | 10,200 | ₹10,09,800 |
About Vms Tmt Limited IPO
From the company / RHP narrative.
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
Objective of the issue
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Registrar
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Issue details
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