VMS TMT IPO Allotment Status: A Comprehensive Guide
The initial public offering (IPO) of VMS TMT Ltd, a leading manufacturer of Thermo Mechanically Treated (TMT) bars, has garnered significant attention from investors. With the BSE and NSE witnessing overwhelming demand, the focus has shifted to the VMS TMT IPO allotment date, which is expected to be finalized on Monday due to the weekend holidays.
VMS TMT IPO Subscription Status
The IPO, which was open from September 17 to 19, received bids for 125.78 crore shares against 1.23 crore shares on offer, according to NSE data. The IPO witnessed strong participation across investor categories, with non-institutional investors (NIIs) subscribing 227.09 times, qualified institutional buyers (QIBs) subscribing 120.80 times, and retail investors (RIIs) subscribing 47.89 times.
VMS TMT IPO GMP and Listing Price Prediction
According to InvestorGain, the VMS TMT’s Grey Market Premium (GMP) was Rs 11 on September 19 at 5:30 pm. The estimated listing price is Rs 110, suggesting a potential gain of 11.11% per share. This indicates a positive sentiment among investors, with the company’s shares likely to list on September 24 on both the BSE and NSE.
How to Check VMS TMT IPO Allotment Status Online
Investors can check the VMS TMT IPO allotment status online through the BSE and NSE websites or the official portal of registrar Kfin Technologies Ltd. To know their status, investors can follow these simple steps:
Checking Allotment Status on BSE
- Visit the BSE website and go to the allotment status page.
- Select ‘Equity’ from the dropdown menu.
- Choose ‘VMS TMT Limited’ as the issue name.
- Enter your Application Number or PAN.
- Verify and search by ticking ‘I am not a robot’ and clicking ‘Search’ to view your allotment status.
Checking Allotment Status on NSE
- Visit the NSE allotment page.
- Select ‘Equity and SME IPO bids’ as the issue type.
- Choose ‘VMS TMT Limited’ from the dropdown menu.
- Enter your PAN and Application Number.
- Click ‘Submit’ to view your IPO allotment status.
By following these steps, investors can easily check their VMS TMT IPO allotment status online and stay updated on the latest developments.
Conclusion
The VMS TMT IPO has generated significant interest among investors, with its strong subscription numbers and positive GMP indicating a successful listing. As the allotment date approaches, investors can check their status online and prepare for the listing of the company’s shares on the BSE and NSE. Stay tuned for further updates and analysis on the Indian stock market and IPOs.
