IPO Date: Sep 17 to Sep 19 2025
Listing Date: Sep 24 2025
1. Repayment/ prepayment, in full or part, of all or a portion of certain borrowings availed by our Company; and
2. General corporate purposes.
...
medabad, Gujarat, India. TMT Bars are high-strength reinforcement steel used widely inconstruction due to their exceptional strength, ductility, and corrosion resistance. (Dun & Bradstreet Report). We conductour business predominantly in the State of Gujarat from where we derived over 98% of our revenues from operations inFiscal 2024. Our revenue from operations in Fiscal 2024 from sale of TMT Bars in the State of Gujarat constitutedapproximately 94% of the total revenue from operations wherein retail sales constituted 80% and institutional salesconstituted 14% of the total revenue from operations. Our revenue from operations also includes sale of scrap, bindingwires and billets which constitutes approximately 6% of the total revenue from operations in Fiscal 2024. We have adiverse customer base of retail and institutional customers primarily based in the State of Gujarat. We have a retail licenceagreement dated November 7, 2022, with Kamdhenu Limited which allows us to market our TMT Bars under the brand‘Kamdhenu NXT’ on mutually agreed terms within the State of Gujarat on a non-exclusive basis. We sell our TMT Barsto customers through distribution network, on a non-exclusive basis, which comprise of 3 distributors and 227 dealers asof August 31, 2024. Read MoreK FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
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The issue size of VMS TMT Ltd. IPO is ₹115.62 - 121.77 crore.
The VMS TMT Ltd. IPO opens for subscription on 2025-09-17 and closes on 2025-09-19.
The price range of VMS TMT Ltd. IPO is ₹94.00 to ₹99.00.
The lot size of VMS TMT Ltd. IPO is 150 shares.
The registrar of VMS TMT Ltd. IPO is K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.).
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