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VMS TMT Limited

VMS TMT Limited, incorporated in 2013, is engaged in the manufacturing of Thermo Mechanically Treated (TMT) Bars and also deals in scrap and binding wires, supplying products within Gujarat and other states. Its manufacturing facility is located in Bhayla Village, near Bavla in Ahmedabad district, offering easy access for distribution. As of July 31, 2025, the company operates through 3 distributors and 227 dealers on a non-exclusive basis, ensuring strong product reach. On November 7, 2022, it signed a retail license agreement with Kamdhenu Limited, allowing it to market TMT Bars under the brand name ‘Kamdhenu NXT’ within Gujarat. The company has a workforce of 230 permanent employees supported by an experienced management team. Its revenue is largely concentrated in Gujarat, contributing 98.78% in Fiscal 2024, 98.43% in Fiscal 2023, and 99.19% in Fiscal 2022, with a focus on Tier II and Tier III cities.

₹94 - ₹99102.27x sub
Listed Price105.00
Listing Gain+6.06%
TimelineBookbuilding IPO
Open17 Sep 2025
Close19 Sep 2025
Allotment22 Sep 2025
Listing24 Sep 2025

Quota Reservation Portions

AnchorPortion: 27,00,000 shares
18%
QIBPortion: 18,00,000 shares
12%
HNIPortion: 30,00,000 shares
20%
RetailPortion: 75,00,000 shares
50%

Minimum Application Bracket Matrix

Retail1 lots / 150 shares
₹14,850
sHNI14 lots / 2,100 shares
₹2,07,900
bHNI68 lots / 10,200 shares
₹10,09,800

About the Company

VMS TMT Limited, incorporated in 2013, is engaged in the manufacturing of Thermo Mechanically Treated (TMT) Bars and also deals in scrap and binding wires, supplying products within Gujarat and other states. Its manufacturing facility is located in Bhayla Village, near Bavla in Ahmedabad district, offering easy access for distribution. As of July 31, 2025, the company operates through 3 distributors and 227 dealers on a non-exclusive basis, ensuring strong product reach. On November 7, 2022, it signed a retail license agreement with Kamdhenu Limited, allowing it to market TMT Bars under the brand name ‘Kamdhenu NXT’ within Gujarat. The company has a workforce of 230 permanent employees supported by an experienced management team. Its revenue is largely concentrated in Gujarat, contributing 98.78% in Fiscal 2024, 98.43% in Fiscal 2023, and 99.19% in Fiscal 2022, with a focus on Tier II and Tier III cities.

Company Promoters

Varun Manojkumar JainRishabh Sunil SinghiManojkumar JainSangeeta Jain