The basis of allotment for the ₹148.50 crore VMS TMT IPO will be announced today, 22 September 2025. The bidding window was open from September 17, 2025, to September 19, 2025, during which the IPO received a total subscription of xtimes.
VMS TMT IPO is a book-building issue of ₹148.50 crores, consisting entirely of a fresh issue of 1.50 crore shares. The price band is set between ₹94 and ₹99 per share.
Booking-running lead manager for the IPO is Arihant Capital Markets Ltd, while KFin Technologies Limited is the registrar to the issue.
[19 September, 2025, End of the day]
Investor Category |
Subscription (Times) |
Qualified Institutional Buyers (QIBs) |
120.80 |
Non-Institutional Investors |
227.09 |
Retail Individual Investors (RIIs) |
47.89 |
Total |
102.27 |
The net proceeds from the fresh issue will be used towards the following objectives:
As of 22 September 2025, VMS TMT IPO’s GMP stood at ₹13. The estimated listing price is ₹112, i.e., a 13.13% gain per share over the upper price band.
Source: Business Standard Report dated 22 September, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
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