VMS TMT IPO opens for subscription today; GMP at 23%. Should you apply?
Published on: Sept. 17, 2025, 8:01 a.m. | Source: The Economic Times
VMS TMT, an Ahmedabad-based TMT bar manufacturer, is launching its Rs 149 crore IPO on Wednesday, with the aim of expanding its presence in the steel sector. The IPO, priced between Rs 94 and Rs 99 per share, seeks to utilize the proceeds primarily to reduce borrowings and for general corporate purposes.
