How to Check VMS TMT IPO Allotment Status?

VMS TMT Limited is primarily engaged in manufacturing of Thermo Mechanically Treated Bars (TMT Bars), incorporated in 2013. The company operates with 230 permanent employees as of July 31, 2025, maintaining manufacturing facility strategically located in Bhayla Village near Bavla in Ahmedabad district, Gujarat, while operating through distribution network including 3 distributors and 227 dealers enabling efficient supply across Gujarat and other states, having entered retail license agreement with Kamdhenu Limited on November 7, 2022 to market TMT Bars under 'Kamdhenu NXT' brand within Gujarat state with primary focus on Tier II and Tier III cities generating significant portion of revenue from Gujarat (98.78% in Fiscal 2024, 98.43% in Fiscal 2023, 99.19% in Fiscal 2022).

The VMS TMT IPO came with a total issue size of ₹148.50 crore, comprising entirely a fresh issue of 1.50 crore shares aggregating to ₹148.50 crore. The IPO opened on September 17, 2025, and closed on September 19, 2025. The allotment for the VMS TMT IPO is expected to be finalized on Monday, September 22, 2025. The VMS TMT IPO share price band was set at ₹94 to ₹99 per share.

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Steps to Check VMS TMT IPO Allotment Status on Registrar Site

• Visit the Kfin Technologies Ltd. website 
• Select "VMS TMT" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check VMS TMT IPO Allotment Status on BSE

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "VMS TMT" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

VMS TMT IPO Subscription Status

VMS TMT IPO received exceptional investor interest, being subscribed 102.24 times overall. The subscription showed outstanding confidence across categories in the VMS TMT IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:36 PM on September 19, 2025:

• Non-Institutional Investors (NII): 227.08 times.
• QIB Category: 120.80 times.

VMS TMT IPO Share Price and Investment Details

The VMS TMT IPO stock price band was set at ₹94 to ₹99 per share with a minimum lot size of 150 shares. The minimum investment required for retail investors was ₹14,850 for 1 lot (150 shares). Given the exceptional subscription response of 102.24 times overall, with QIB category showing strong response at 120.80 times and NII demonstrating extraordinary response at 227.08 times, the VMS TMT IPO share price is expected to list with exceptional premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Repayment/prepayment of certain borrowings: ₹115.00 crore.
• General corporate purposes: Remaining amount.

Business Overview

VMS TMT Limited operates in TMT bars manufacturing and marketing primarily within Gujarat region with declining top line and rising bottom line while maintaining high debt-equity ratio of 3.78 as of June 30, 2025 raising concerns about financial leverage. The company focuses on manufacturing and dealing in scrap and binding wires sold within Gujarat and other states through established distribution network, demonstrating concentration in regional market with strong subscription interest despite financial performance inconsistencies and high leverage indicating investor confidence in TMT bars sector growth potential while requiring careful assessment of debt management and operational efficiency improvements.