ListedMainboardSteel & Iron ProductsVMSTMT
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.
₹99
Issue price
₹44
Price now
−56.1%
Since issue price
24 Sept 2025
Listed on
102×Subscribed (final) · all exchanges
102.3 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹94 – ₹99
Cut-off price₹99
Issue size₹148 Cr
Shares per lot150
Minimum application₹14,850
Minimum quantity150
Face value₹10
Listing exchangesBSE,NSE
ISININE0SJA01013
Bidding hours10:00 – 17:00 IST
Bidding window17 Sept 2025 – 19 Sept 2025
Not here yet
Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.