
Steel & Metals · NSE / BSE
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.
Price Band
₹94 – ₹99
Issue Size
₹149 Cr
Lot Size
150 shares
GMP
+11.1%
Est. Listing
₹110
at current GMP
Subscribed
102.27x
overall
Open
17 Sep 2025
Close
19 Sep 2025
Allotment
22 Sep 2025
Refund
23 Sep 2025
Demat Credit
24 Sep 2025
Listing
24 Sep 2025