VMS TMT IPO 2025: Price Band, Dates, Lot Size, GMP, Subscription & How to Apply via IPO Ji App

VMS TMT IPO 2025: Price Band, Dates, Lot Size, GMP, Subscription & How to Apply via IPO Ji App

The VMS TMT IPO 2025 has received SEBI’s final observation, giving the Ahmedabad-based steel manufacturer the green light to tap the primary markets. Backed by strong promoters and a robust distribution network, VMS TMT Limited is now ready to raise funds through an initial public offering (IPO) that will open for subscription on September 17, 2025.

If you are an investor looking for complete details about the VMS TMT IPO price band, lot size, GMP, subscription status, allotment, listing date, and how to apply via IPO Ji App, this blog has everything covered.

About VMS TMT Limited

Incorporated in 2013, VMS TMT Limited is engaged in the production of Thermo Mechanically Treated Bars (TMT Bars), an essential raw material for the construction industry. The company also trades in scrap and binding wires.

Its manufacturing facility is located in Bhayla Village, near Bavla in Ahmedabad district, Gujarat, which provides easy access to its retail-focused distribution network.

Key highlights about the company:

  • Manufactures and markets TMT Bars under the Kamdhenu NXT brand.
  • Operates with 3 distributors and 227 dealers, covering almost all of Gujarat except Saurashtra and Kutch.
  • Employs 230 permanent staff as of July 31, 2025.
  • Generates over 97% of its revenue from Gujarat, focusing primarily on Tier II and Tier III cities.

VMS TMT IPO Details

Particulars

Details

IPO Date

September 17, 2025 – September 19, 2025

Listing Date

September 24, 2025 (Tentative)

Face Value

₹10 per share

Price Band

₹94 – ₹99 per share

Lot Size

150 shares

Issue Size

Fresh Issue of 1.50 crore shares (₹148.50 Cr)

Type

Book Building Issue

Listing At

NSE, BSE

Pre-Issue Shares

3.46 crore

Post-Issue Shares

4.96 crore

Lead Manager

Arihant Capital Markets Ltd.

Registrar

Kfin Technologies Ltd.

VMS TMT IPO Reservation

  • QIB Investors: Not more than 30% of the issue
  • Retail Investors: Not less than 50% of the issue
  • NII Investors: Not less than 20% of the issue

VMS TMT IPO Lot Size & Investment

Investors can bid for a minimum of 150 shares (1 lot) and in multiples thereof.

Category

Lots

Shares

Amount (at upper price ₹99)

Retail (Min)

1

150

₹14,850

Retail (Max)

13

1,950

₹1,93,050

S-HNI (Min)

14

2,100

₹2,07,900

B-HNI (Min)

68

10,200

₹10,09,800

VMS TMT IPO Timeline (Tentative)

Event

Date

IPO Open Date

September 17, 2025

IPO Close Date

September 19, 2025

Allotment Date

September 22, 2025

Refund Initiation

September 23, 2025

Credit of Shares in Demat

September 23, 2025

Listing Date

September 24, 2025

UPI Mandate Confirmation

September 19, 2025, 5 PM

VMS TMT IPO Promoter Holding

Promoters: Varun Manojkumar Jain, Rishabh Sunil Singhi, Manojkumar Jain, and Sangeeta Jain.

Pre-Issue Holding: 96.28%

Post-Issue Holding: 67.19%

Strengths of VMS TMT Limited

  • Strong retail-focused business model.
  • License to market TMT Bars under Kamdhenu NXT brand.
  • Expanding distribution network with 227 dealers.
  • Consistent revenue growth from Gujarat’s Tier II & Tier III cities.
  • Experienced promoters and management team.

Risks to Consider

  • Heavy dependence on Gujarat (over 97% of revenue).
  • Highly competitive steel and TMT bar market.
  • Raw material price fluctuations may impact margins.

VMS TMT IPO Expected Premium Today 

The VMS TMT IPO Expected Premium ( will be updated daily on IPO Ji. Expected Premium activity is considered an early indicator of listing gains, but investors are advised to track official subscription numbers before investing.

Stay tuned to IPO Ji Expected Premium page for real-time updates.

How to Apply for VMS TMT IPO via IPO Ji App

Applying for the VMS TMT IPO is quick and seamless using the IPO Ji App.

Steps to Apply:

  1. Download the IPO Ji App (available on iOS & Android).
  2. Register with your PAN and Demat details.
  3. Select VMS TMT IPO from the live IPO list.
  4. Enter bid quantity (in lots) and price.
  5. Approve the UPI mandate on your app (Paytm, PhonePe, Google Pay, BHIM UPI).
  6. Submit and wait for allotment updates directly in the app.

With IPO Ji App, you also get real-time alerts on:

  • VMS TMT IPO subscription status
  • Grey Market Premium (GMP) updates
  • Allotment status check
  • Listing price predictions

Should You Invest in VMS TMT IPO?

The VMS TMT IPO 2025 brings an opportunity to invest in a company with a strong retail-focused presence in Gujarat, a licensed brand association with Kamdhenu NXT, and experienced promoters. However, investors must weigh the concentration risk in one region and volatility in raw material prices.

If you are a retail investor looking for potential listing gains, following the VMS TMT IPO GMP trend and subscription numbers will be crucial. Long-term investors should evaluate financials, growth plans, and expansion strategy before making a decision.

For daily updates on VMS TMT IPO GMP, subscription status, allotment, and listing news, keep visiting IPO Ji – India’s trusted IPO portal.

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