VMS TMT IPO
VMS TMT IPO is a mainboard IPO raising ₹148 Cr at ₹94 – ₹99 a share. It listed on 24 Sept 2025 and trades at ₹44 today, −56.1% against its issue price of ₹99. It was subscribed 102× in total.
102.3 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 18,00,000 | 21,74,44,650 | 121× |
| Foreign Institutional Investors | no separate quota | 2,75,01,900 | n/a |
| Domestic Financial Institutions | no separate quota | 9,72,61,950 | n/a |
| Mutual funds | no separate quota | 5,11,800 | n/a |
| Others | no separate quota | 9,21,69,000 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 30,00,000 | 68,12,83,200 | 227× |
| Non Institutional Investors | 20,00,000 | 48,76,92,900 | 244× |
| Corporates | no separate quota | 45,66,600 | n/a |
| Individuals | no separate quota | 46,22,88,900 | n/a |
| Others | no separate quota | 2,08,37,400 | n/a |
| Non Institutional Investors | 10,00,000 | 19,35,90,300 | 194× |
| Corporates | no separate quota | 4,80,000 | n/a |
| Individuals | no separate quota | 18,42,71,700 | n/a |
| Others | no separate quota | 88,38,600 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 75,00,000 | 35,91,43,350 | 48× |
| Cut Off | no separate quota | 29,27,42,700 | n/a |
| Price bids | no separate quota | 6,64,00,650 | n/a |
| Total | 1,23,00,000 | 1,25,78,71,200 | 102× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 06:13 pm IST.
How demand built
Only one reading so far. We sample subscription every hour and store it whenever it moves, so this becomes a curve as bidding runs.