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Open
17 Sep 2025
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Close
19 Sep 2025
3
Allotment
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Listing
Wed, Sep 24, 2025
Price Band
₹94 to ₹99
Issue Size
1,50,00,000 shares (agg. up to ₹149 Cr)
Lot Size
150 Shares
Listing Date
Wed, Sep 24, 2025
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 82.91x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 449.35 | 412.06 | 284.23 | 227.28 |
| Total Income | 213.39 | 771.41 | 873.17 | 882.06 |
| Profit After Tax | 8.58 | 15.42 | 13.47 | 4.20 |
| EBITDA | 19.48 | 45.53 | 41.20 | 21.91 |
| NET Worth | 81.77 | 73.19 | 46.51 | 30.84 |
| Reserves and Surplus | 47.14 | 38.56 | 33.18 | 18.23 |
| Total Borrowing | 309.18 | 275.72 | 197.86 | 162.70 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sambhv Steel Tubes Ltd. | Mainboard | ₹540.00 Cr | ₹82 | 23.97 | ₹97.59 | +19.01% | ₹120.61 (-0.78%) |
| Scoda Tubes Ltd. | Mainboard | ₹220.00 Cr | ₹140 | 33.81 | ₹147.00 | +5.00% | ₹144.37 (-3.01%) |
| P S Raj Steels Ltd. | SME | ₹28.28 Cr | ₹140 | 12.14 | ₹150.60 | +7.57% | ₹400.00 (-0.30%) |
| Newmalayalam Steel Ltd. | SME | ₹41.76 Cr | ₹90 | 26.67 | ₹85.50 | -5.00% | ₹24.45 (-0.20%) |
| Kalana Ispat Ltd. | SME | ₹32.59 Cr | ₹66 | 22.59 | ₹47.40 | -28.18% | ₹19.80 (+7.03%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or part, of all or a portion of certain borrowings availed by the Company | 115.00 |
| 2 | General Corporate Purposes | 20.65 |
| 3 | Issue Expenses | 12.85 |
| Total | 148.50 |
About VMS TMT IPO
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 cit
Contact Details
VMS TMT Ltd. AddressSurvey No 214 Bhayla VillageNear Water Tank BavlaAhmedabad, Gujarat, 382220+91 63575 85711compliance@vmstmt.comVisit Website