VMS TMT Ltd. News and Updates

Name: Latest research reports of VMS TMT Ltd. authored by Ventura and published by - Trendlyne research reports.
Item: VMS TMT Ltd.
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Author: Ventura

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VMS TMT Ltd.

17 Sep 2025, 07:11PM

Investors subscribe to VMS TMT IPO over eight times its offer size on Day 1

Business Standard

The initial public offer of VMS TMT, a TMT bars manufacturer, has been subscribed more than 8 times on the first day of bidding on Wednesday. The three-day initial share sale received bids for 10,32,66,000 shares against 1,23,00,000 shares on offer, translating into 8.40 times subscription, according to data available with the NSE. The portion for non-institutional investors was subscribed 13.78 times, while the quota for retail individual investors got subscribed 6.56 times. The Qualified Institutional Buyers (QIBs) portion received 7.09 times subscription. VMS TMT Ltd on Tuesday raised nearly Rs 27 crore from anchor investors. The Rs 148.50-crore initial public offering (IPO) will conclude on September 19. The price band has been fixed at Rs 94-99 per share. The IPO is entirely a fresh issue of 1.50 crore equity shares. Proceeds from the fresh issue to the tune of Rs 115 crore will be used for repayment of debt and balance for general corporate purposes and issue...

Ventura released a IPO Note report for VMS TMT Ltd. on 16 Sep, 2025.

VMS TMT Ltd.

16 Sep 2025

VMS TMT LTD.