The VMS TMT IPO GMP has generated significant buzz in the market, ranking as one of the key IPOs of 2025. With a fresh equity issue worth ₹148.50 crores, the IPO is drawing interest from both retail and institutional investors. In this review, we’ll cover everything you need to know—VMS TMT IPO GMP, price band, allotment dates, listing details, and investment outlook—to help you decide whether this IPO deserves a spot in your portfolio.
VMS TMT IPO Key Details
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IPO Type: Book Build Issue
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Issue Size: ₹148.50 crores
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Fresh Issue: 1.50 crore shares (entirely fresh issue, no OFS)
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Price Band: ₹94 – ₹99 per share
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Lot Size: 150 shares per lot
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Retail Minimum Investment: ₹14,850 (1 lot, at upper price)
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sNII Minimum Investment: 14 lots (2,100 shares) = ₹2,07,900
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bNII Minimum Investment: 68 lots (10,200 shares) = ₹10,09,800
Important Dates for VMS TMT IPO
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IPO Open Date: September 17, 2025
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IPO Close Date: September 19, 2025
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IPO Allotment Date: September 22, 2025
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Refund Initiation: September 23, 2025
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Listing Date (Tentative): September 24, 2025
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Exchanges: BSE, NSE
What is the VMS TMT IPO GMP Today?
The VMS TMT IPO GMP (Grey Market Premium) gives a snapshot of investor sentiment before listing. While the GMP changes daily based on demand and subscription levels, it provides an early indication of possible listing gains.
👉 Investors should track live GMP updates but avoid relying on them as the sole decision factor: fundamentals and long-term growth potential matter more.
Should You Apply for VMS TMT IPO?
Here’s why investors are closely watching VMS TMT IPO:
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✅ Fresh Issue: Entire proceeds go to the company (no OFS), ensuring capital is used for growth.
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✅ Attractive Pricing: Price band of ₹94–₹99 makes it accessible to retail investors.
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✅ Market Presence: Strong brand positioning in the TMT sector, with growth potential from infrastructure and construction demand.
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✅ Retail-Friendly: Minimum investment starts at just ₹14,850.
Verdict: Investors seeking short-term listing gains can monitor the VMS TMT IPO's GMP and subscription status, while long-term investors should assess the fundamentals before committing.
VMS TMT IPO Allotment & Listing
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Allotment Date: September 22, 2025
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Refunds Begin: September 23, 2025
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Tentative Listing Date: September 24, 2025 (BSE & NSE)
Investors can check their allotment status online once it is finalized on the registrar’s portal.
FAQs on VMS TMT IPO
Q1: What is the price band of VMS TMT IPO?
The price band is ₹94 – ₹99 per share.
Q2: What is the lot size for VMS TMT IPO?
The lot size is 150 shares. Retail investors need to invest at least ₹14,850.
Q3: When is the allotment date for VMS TMT IPO?
The IPO allotment will be finalized on September 22, 2025.
Q4: When will the VMS TMT IPO list on exchanges?
The tentative listing date is September 24, 2025, on BSE and NSE.
Q5: Is VMS TMT IPO a good investment?
Yes, the IPO looks promising due to its fresh issue, growth-focused strategy, and attractive entry price. However, investors should also monitor VMS TMT IPO GMP and subscription trends before applying.
The VMS TMT IPO is positioned as an attractive opportunity for both retail and institutional investors in 2025. With a focus on expansion, strong pricing, and robust demand in the steel and infrastructure sector, the IPO has the potential to deliver decent listing gains as well as long-term growth.
👉 If you are planning to apply, keep track of VMS TMT IPO GMP, allotment updates, and subscription data to make an informed choice.
