VMS TMT Share Price, Company Overview & IPO Details
VMS TMT, a Gujarat-based manufacturer of steel products, made a decent debut on the stock market on September 24, 2025. The VMS TMT share price listed at Rs 105 on the BSE, a premium of 6% over its IPO issue price of Rs 99. On the NSE, the stock listed at Rs 104.90 per share.
About VMS TMT Ltd.
Incorporated in 2013, VMS TMT Limited is primarily engaged in the manufacturing and supply of thermo-mechanically treated (TMT) bars, which are essential for the construction industry. The company also deals in scrap and binding wires, catering to both retail and institutional customers within Gujarat and other states. VMS TMT faces competition from both large, established players and other regional manufacturers in the steel industry.
VMS TMT IPO & Listing Performance (September 2025)
The IPO of VMS TMT, which was open from September 17 to September 19, 2025, saw strong investor interest, achieving an overall subscription of 102.26 times.
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Listing Price (BSE): Rs 105 (6.06% premium)
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Listing Price (NSE): Rs 104.90 (5.96% premium)
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IPO Price Band: Rs 94 – Rs 99 per share
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Issue Size: Rs 148.50 crore (entirely a fresh issue of 1.5 crore shares).
The listing was more modest than grey market expectations, which had signalled a potential premium of 12-13%. The subscription was driven by strong demand from Non-Institutional Investors (NIIs), whose portion was booked 227 times, and Qualified Institutional Buyers (QIBs), who subscribed 121 times. The retail portion was subscribed nearly 48 times.
Use of IPO Proceeds
The net proceeds from the fresh issue will be utilised for:
Financial Highlights
For the fiscal year ending March 31, 2025, VMS TMT reported a Total Operating Revenue of Rs 770.19 crore and an Equity Capital of Rs 34.63 crore. The company's total outstanding borrowings stood at Rs 261.71 crore as of June 30, 2025.
What You Can Find on This Company Page
This page is your complete resource for all information related to VMS TMT Ltd. Here’s what you can access:
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Live VMS TMT Share Price: Track real-time price movements and analyze historical performance with charts.
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IPO and Listing Details: Get all the information about the IPO, including the price band, subscription details, and listing day performance.
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In-Depth Financial Analysis: Access detailed financial statements and key ratios.
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Shareholding Pattern: Get a clear picture of the company's ownership structure.
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Latest News and Corporate Actions: Stay informed about the latest company announcements and other market-moving news.
Frequently Asked Questions (FAQs) about VMS TMT Share Price
Q1: What was the listing price of VMS TMT?
The shares listed at Rs 105 on the BSE and Rs 104.90 on the NSE, a premium of about 6% to the IPO price of Rs 99.
Q2: How was the investor response to the VMS TMT IPO?
The IPO was oversubscribed 102.26 times, with strong demand from all investor categories, especially NIIs and QIBs.
Q3: What does VMS TMT do?
The company manufactures and supplies TMT bars for the construction industry and also deals in scrap and binding wires.
Q4: What was the issue size of the VMS TMT IPO?
The IPO was a fresh issue of shares aggregating to Rs 148.50 crore.