Mumbai, September 24 (Udaipur Kiran News): Shares of VMS TMT made a strong debut on the BSE, listing at Rs 105.00, a 6.06% premium over its issue price of Rs 99 per share.
Post-listing, the stock was trading at Rs 101.00, up 2.02% from the issue price. It touched an intraday high of Rs 105.00 and a low of Rs 100.00. Around 5.80 lakh shares changed hands on the counter.
The IPO, which was open between September 17–19, 2025, was subscribed 102.24 times, reflecting strong investor demand. The issue price was fixed at the upper end of the Rs 94–99 price band.
VMS TMT is engaged in the manufacturing of TMT bars and other steel products. The company also earns revenue from billets, binding wires, scrap, and by-products generated during the manufacturing process.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
