News Details

( As on 12/09/2025 14:11)

VMS TMT announces launch of initial public offering

VMS TMT Ltd. has announced public offering of 15000000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 89.00 per share. The gross proceeds of the issue are expected to be Rs 14,850.00 lakhs.

The company's initial public offer (IPO) will open on 17 September 2025 and is expected to close on 19 September 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 94.00-99.00 per share.

The IPO includes a fresh Issue of 15000000 Equity Shares of the Company at an price of Rs 99.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 150 shares with bids in multiples of 150.

VMS TMT Ltd. anticipates using the proceeds of the issue for .

Arihant Capital Markets Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.