17 Sep 2025 | 5 Mins Read
VMS TMT IPO GMP jumps to 23% with 5 times subscription in first day
Flipitmoney
VMS TMT IPO's GMP rose to 23 percent on September 17 as the Rs 148.5-crore issue opened. The Rs 94-99 per share priced issue concludes on September 19. A GMP of over 23 percent was recorded in the grey market, indicating a potential listing gain of 23.23 percent. The company raised Rs 26.73 crore from institutional investors via anchor book on September 16.