Price Band
₹94 - ₹99
Lot Size
150
Issue Size
₹148.5 Cr
GMP
N/A
Subscription
102.24x
Analyzing...
IPO Schedule
1
Open
17 Sept 2025
2
Close
19 Sept 2025
3
Allotment
22 Sept 2025
4
Listing
24 Sept 2025
About VMS TMT Ltd
VMS TMT Ltd is engaged in the trading and distribution of TMT bars and other steel products. The company primarily serves the construction and infrastructure sectors, sourcing materials from various manufacturers and supplying them to a diverse customer base.
Key Strengths
- Established relationships with suppliers enabling competitive sourcing.
- Wide range of product offerings catering to diverse customer needs.
- Experienced management team with a proven track record in the steel industry.
- Growing demand for steel products driven by infrastructure development.
- Strategic location providing access to key markets.
Risk Factors
- •Fluctuations in steel prices impacting profitability.
- •Dependence on a limited number of suppliers.
- •Intense competition in the steel trading industry.
- •Economic downturns affecting construction and infrastructure projects.
Valuation Analysis
With a P/E of 22.24, the IPO appears reasonably valued compared to some of its peers, but investors should carefully consider the cyclical nature of the steel industry and the company's growth prospects.
IPO Details
ExchangeBSE
SegmentMAINBOARD
ISININE0SJA01013
NSE SymbolVMSTMT
Face Value₹10
Lot Size150
Issue Size₹148.5 Cr
Key Metrics
ROCE12.79%
P/E Ratio22.24
Industry P/E20
EPS4.45
PAT Margin1.91%
Debt/Equity3.77
Growth & Quality
ProfitableYes ✓
Subscription
Total8.40x
Imbalance Ratio1.0x
Documents
Registrar
KARVY
Key Dates
Open Date17 Sept 2025
Close Date19 Sept 2025
Allotment22 Sept 2025
Listing24 Sept 2025