VMS TMT Ltd. IPO

Opening Date 17/09/2025
Closing Date 19/09/2025
Minimum Quantity 150
Price Range 94 – 99
(D)RHP View
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VMS TMT is engaged in manufacturing Thermo Mechanically Treated (TMT) Bars in the steel industry at their facility in Bhayla Village, Ahmedabad, Gujarat. The company operates predominantly in Gujarat state through a distribution network comprising 3 distributors and 227 dealers as of July 2025. VMS TMT serves diverse customers including retail and institutional clients within Gujarat (excluding Saurashtra and Kutch districts). The company has a retail license agreement with Kamdhenu Limited to market TMT Bars under the “Kamdhenu Brand” on non-exclusive terms. They also generate revenue from allied products including billets, binding wires, scrap, and other by-products.

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