At the top of the tire, retail investors can participate with a minimum investment of RS 14,850 for a single party of 150 shares.
Yield and use
According to the company, a large part of the proceeds – RS 115 Crore – will go to reimbursement or payment in advance, reducing the high leverage. The remaining funds are used for general business purposes.
Company profile
Founded in 2013, VMS TMT is involved in the production of thermo-mechanically treated (TMT) bars, which are widely used in the construction sector. The company also trades in scrap and binding threads, where the sale is largely concentrated in Gujarat.
Read also: Airfloa Rail Technology A potential multibagger: why is this little known SME-IPO waves on the market
The company also has a retailed note agreement with Kamdhenu Ltd., including the TMT beams on the market under the brand ‘Kamdhenu Nxt’ in Gujarat.
The distribution network consists of 3 distributors and 227 dealers, with a workforce of 230 employees from July 2025.
Financial
VMS TMT reported the turnover of RS 771.41 CRORE in FY25, by 12% year by year, but the profit after the tax improved to RS 15.42 Crore, an increase of 14% compared to the previous year. For the quarter ending on June 30, 2025, the turnover was on RS 213.39 Crore, with a profit from RS 8.58 Crore.
The orderbook and brand association of the company with Kamdhenu offer visibility, but high leverage remains a concern. On March 31, 2025, there were loans on RS 309.18 Crore, with a debt / equity ratio of 6.06.
Arihant Capital Markets is the only lead manager for the book, while Kfin Technologies is the registrar.
as a reliable and trusted news source#VMS #TMT #announces #price #band #IPO #opened #week #Check #details