Initial Public Offerings (IPOs) allow you to invest in companies going public. VMS TMT Ltd. goes public when it first sells its shares after being listed on BSE or NSE.
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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 MorePosted on May 3rd
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An Initial Public Offering (IPO) is when a private company sells shares to the public for the first time, enabling investors to purchase these shares and gain partial ownership in the business. For instance, if a well-known tech firm wants to grow and requires additional funds, it might choose to go public through an IPO. During this process, investors can buy shares, and the company’s stock starts trading on the stock exchange on the day of the IPO listing.
Investors can apply for an IPO through their bank or brokerage account. Many trading platforms have a specific section for IPOs where users can submit their applications online.
The primary market is where shares are offered to the public for the first time via an IPO. After the IPO, shares are traded on the secondary market (stock exchange), where existing shareholders can sell to new buyers.
Investing in an IPO offers the opportunity to become an early investor in companies with high growth potential, at a price which may be lower than their post-listing market value. It provides a chance to participate in the company's growth journey from its early stages. However, IPO investments also come with inherent risks, such as market volatility and uncertainties about the company's future performance.
The price of an IPO is established through a systematic process known as "book building." In this method, investors bid within a given price range, and the final price is set based on demand and market conditions. Several factors play a crucial role in determining the IPO price, including:
This content is for educational purpose only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.
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