VMS TMT Limited
Promoters Varun Manojkumar Jain · Rishabh Sunil Singhi · Manojkumar Jain · Sangeeta Jain
Against an issue price of ₹99. Split- and bonus-adjusted official closes — a past move, never a forecast.
VMS TMT Limited raised ₹149 crore through a mainboard initial public offer.
The filing places it in Ferrous Metals and names four promoters: Varun Manojkumar Jain, Rishabh Sunil Singhi, Manojkumar Jain and Sangeeta Jain.
The book was open from 17 September 2025 to 19 September 2025.
The issue was priced at ₹99 a share, from a band of ₹94 to ₹99.
The whole offer is a fresh issue of shares — ₹149 crore raised by the company itself.
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
The shares listed on 24 September 2025.
The last official close on file is ₹43.44 (5 November 2026), which is 56.1% below the issue price.
It now trades as VMSTMT, and its filed financials are on its company page.
Shares sold in the issue at ₹99 last closed at ₹43.44.
See VMSTMT’s filed financials and price history →Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.
No offer-for-sale leg — every share in this offer is newly issued, so the whole amount raised goes to the company.
- Registrar
- KFintech Private Limited
- Lead manager
- Arihant Capital Markets Limited
- Bidding opens17 Sept 2025
- Bidding closes19 Sept 2025
- Basis of allotmentnot published
Not published in the exchange feeds we ingest — we do not estimate it.
- Listing24 Sept 2025
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
We have not extracted an anchor allotment list for this issue.
- Anchor investors — first trancheSEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment24 Oct 202550% of this tranche
- Anchor investors — second trancheSEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment23 Dec 202550% of this tranche
- All other pre-issue capitalSEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment24 Mar 2026already free
- Promoters' minimum contributionSEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment24 Mar 2027whole tranche releases on this date
Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.
The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
The peer table is printed in the offer document's "Basis for Offer Price" chapter; we have not extracted it for this issue yet.
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Arihant Capital Markets Limited 2023 – 2026 | 5 0 measurable | — | — | — | — |
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
KFintech Private Limited 2023 – 2026 | 67 2 measurable | +35.7% | 2 of 5 | 4 of 8 | 1 of 2 |
A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.
- Prospectus· PDF · exchange archive22 Sept 2025
- Draft red herring prospectus (DRHP)· PDF · exchange archive27 Mar 2025
- Draft red herring prospectus (DRHP)· PDF · exchange archive30 Sept 2024
- Anchor investor allotment· ZIP · exchange archiveThis document is a scan with no text layer — readable by eye, not by machine.
- Financial ratios advertisement· ZIP · exchange archive
- In-principle approval (XBRL)· XML · exchange archive
- Listing filing (XBRL)· XML · exchange archive
Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.
Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.