Let us understand the important aspects related to the VMS TMT IPO. First, let us see the basics about VMS TMT:
Founded in 2013, VMS TMT Ltd. manufactures Thermo Mechanically Treated (TMT) Bars.
Its operations are focused in Gujarat (except Saurashtra & Kutch districts), selling through 3 distributors and 227 dealers as of July 2025.
The company emphasises sustainability, quality, environment, health & safety, and uses renewable energy and in-house raw material production to manage costs.
VMS TMT IPO Details 2025
The following are some of the important financial details of VMS TMT IPO:
Detail
Value
IPO Open Date
September 17, 2025
IPO Close Date
September 19, 2025
Face Value
₹10 per share
Price Band
₹94 to ₹99 per share
Issue Size
Approx ₹148.50 crores (fresh issue)
Offer for Sale
Fresh issue
Issue Type
Book Built Issue
Stock Exchanges
BSE & NSE
VMS TMT IPO Market Lot
The following table provides information about the VMS TMT IPO market lot:
Category
Lot Size
Shares
Amount (₹)
Retail Minimum
1 lot
150
₹14,850
Retail Maximum
13 lots
1,950
₹1,93,050
S-HNI Minimum
14 lots
2,100
₹2,07,900
B-HNI Minimum
68 lots
10,200
₹10,09,800
VMS TMT IPO Dates
The following are the important dates related to VMS TMT IPO:
Event
Date
Basis of Allotment
September 22, 2025
Refunds, Demat Credit
September 23, 2025
Listing Date
September 24, 2025
VMS TMT Financial Report
The following table shows the financial report of VMS TMT Ltd (in ₹ crore):
Period Ended
Revenue
Profit After Tax (PAT)
Assets
FY2023
₹882.06
₹4.20
₹227.28
FY2024
₹873.17
₹13.47
₹284.23
FY2025
₹771.41
₹15.42
₹412.06
June 2025 (quarter)
₹213.39
₹8.58
₹449.35
VMS TMT Key Ratios and Metrics
The following table shows some key metrics and their values for VMS TMT Ltd:
Metric
Value
Return on Net Worth (RoNW)
20.14%
Return on Capital Employed (ROCE)
12.79%
EBITDA Margin
5.91%
PAT Margin
1.91%
Debt-to-Equity Ratio
6.06
Earnings per Share (EPS)
₹4.29 (Basic)
Net Asset Value (NAV)
₹13.32 per share
Promoters of VMS TMT IPO
VMS TMT IPO is promoted by Varun Manojkumar Jain; Rishabh Sunil Singhi; Manojkumar Jain; Sangeeta Jain.
Lead Managers (Merchant Bankers) for VMS TMT IPO
The following are the lead managers (also known as Merchant Bankers) for VMS TMT IPO:
Arihant Capital Markets Ltd.
VMS TMT IPO Registrar
The following is the VMS TMT IPO registrar details:
VMS TMT IPO is a Mainbaord IPO. The company is going to raise ₹148.50 Crores via IPO. The issue is priced at ₹94 to ₹99 per equity share. The IPO is to be listed on BSE & NSE.
When VMS TMT IPO will open for subscription?
The IPO is to open on September 17, 2025 for QIB, NII, and Retail Investors. The IPO will close on September 19, 2025.
What is VMS TMT IPO Investors Portion?
The investors’ portion for QIB is 30%, NII is 20%, and Retail is 50%.
How to Apply the VMS TMT IPO?
You can apply for VMS TMT IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is VMS TMT IPO Issue Size?
VMS TMT IPO issue size is ₹148.50 crores.
What is VMS TMT IPO Price Band?
VMS TMT IPO Price Band is ₹94 to ₹99.
What is VMS TMT IPO Lot Size?
The minimum bid is 150 Shares with ₹14,850 amount.
What is the VMS TMT IPO Allotment Date?
VMS TMT IPO allotment date is September 22, 2025.
What is the VMS TMT IPO Listing Date?
VMS TMT IPO listing date is September 24, 2025. The IPO is to list on BSE & NSE.
Important Disclaimer: We strive to provide the most up-to-date and accurate IPO details. However, details may change due to regulatory or market developments. Please verify key information before investing.
Author: Diwakar Singh
Diwakar Singh is a seasoned financial content strategist with over six years of experience in analysing and writing about financial instruments and markets.
An MBA gold medalist from IMT, he blends academic excellence with practical insight to craft clear and actionable content. His expertise spans banking, investments, insurance, capital markets, and emerging financial technologies.
Known for his research-driven approach and engaging style, Diwakar is recognised as a trusted voice helping readers and businesses navigate the evolving financial landscape with confidence.