🚀 VMS TMT IPO GMP Has Surged to Roughly 22–24%, Signaling Strong Listing Gain Potential If Market Conditions Remain Supportive and Subscription Momentum Sustains Through Close
Hey there, if you’re keeping an eye on the market, you’ll want to hear about this. The VMS TMT IPO grey market premium (GMP) has shot up to around 22–24%. That means there’s real potential for a solid gain when it lists, as long as things stay positive and the buzz keeps building right up to the end.
📈 VMS TMT GMP Soars Amid Robust Demand
The VMS TMT grey market premium is sitting at about ₹22–₹24 per share right now. That points to an expected listing price of around ₹116–₹121, compared to the top end of the price band at ₹99. We’re talking a 17–24% upside, according to various trackers as of September 17–18, 2025. This premium lines up nicely with the strong demand we’ve seen, where bids have far outstripped the available shares by Day 2. It’s clear there’s wide interest from all kinds of investors.
📋 Key IPO Details Investors Track
VMS TMT’s issue is worth about ₹148.5 crore, and it’s all fresh issue—no offer for sale here—with 1.5 crore shares up for grabs. The price band is ₹94–₹99 per share, and it’s set to list on both NSE and BSE around September 24, 2025. KFin Technologies is handling the registry, Arihant Capital Markets is the lead manager, and retail folks need to apply in lots of at least 150 shares.
🔥 Subscription Momentum and Sentiment
By the end of Day 2, subscriptions were clocking in at 9x to over 11x, depending on the update. Non-institutional investors were especially enthusiastic, with good showings from QIBs and retail too. That shows real confidence in the potential listing gains. On Day 1, it was around 8.4x, but things picked up steam on Day 2 as the GMP held steady in the low 20s percent range.
💡 What the GMP Implies
A GMP of 22–24% for VMS TMT suggests a listing around ₹116–₹121 if the vibe stays good. Keep in mind, though, GMP is unofficial and can swing wildly right up to allotment and listing. Trackers note it climbed from 10–11% in mid-September to the mid-20s by September 16–18, which points to growing appetite for risk and positive signals from the subscriptions.
📚 Real-Life Case Study: Recent Small-Cap IPO with Strong GMP Follow-Through
Think about those small-to-mid cap IPOs where the early GMP hovers at 15–20% and then solidifies as NII and QIB subscriptions ramp up. In cases like that, tracked by market sources, the listing often lands close to what the premium suggested—especially if the final day brings heavy oversubscription and the GMP stays high. Of course, the overall market mood can tweak things at the last minute.
📊 Labeled Chart: VMS TMT IPO GMP Trend
Chart: VMS TMT GMP Climbed to ~24% by Sep 16 and Held Steady Through Sep 18, 2025
Data Table: VMS TMT GMP Snapshots
| Date (2025) | Indicative GMP (₹) | Implied return (%) | Notes |
|---|---|---|---|
| Sep 12 | ~10 | ~10.10% | Early informal quotes point to modest premium. |
| Sep 13 | ~11 | ~11.11% | Incremental uptick as bids build pre-open. |
| Sep 15 | ~21 | ~21.21% | Sentiment improves ahead of Day 1. |
| Sep 16 | ~24 | ~24.24% | VMS TMT IPO GMP firms into mid-20s. |
| Sep 17 | ~22–24 | ~22–24% | Day 1: total ~8.4x; GMP cited 23–24%. |
| Sep 18 | ~22–23 | ~22–23% | Day 2: strong bids; implied listing ₹116–₹121. |
⚠️ Why the VMS TMT GMP Rise Matters Now
The climb in VMS TMT GMP is backed by several trackers and reports, giving a well-rounded picture of the expected premium that matches the subscription surge. It’s no sure thing, but when everything lines up like this—strong coverage from institutions and non-institutions—it often leads to a positive listing.
⏰ Listing Timeline and Practical Notes
The VMS TMT IPO kicked off on September 17 and wraps up on September 19. Allotment should be out by September 22, with listing tentatively on September 24, 2025. For retail, it’s one lot of 150 shares minimum. Lots of brokers recommend bidding at cut-off during the open window, but remember, GMP isn’t official from SEBI and can flip fast.
🧮 Example Application Math Using Current GMP Band
At the ₹99 price, a single lot sets you back ₹14,850. With a 22–24% premium, that’s a per-share boost of about ₹22–₹24 if it hits at listing. For the lot, you’re looking at roughly ₹3,300–₹3,600 in gains before any fees or taxes—assuming it follows the mid-20s GMP. Real results might vary, of course.
❓ FAQs
What is the VMS TMT grey market premium today?
Recent updates show VMS TMT IPO GMP around ₹22–₹24, implying roughly 22–24% over the upper band near the latest checks.
How does VMS TMT IPO GMP translate to potential listing price?
At ₹99 upper band, a 22–24% VMS TMT IPO premium suggests a listing range near ₹116–₹121 if sentiment persists.
Is the VMS TMT IPO subscription supporting the GMP?
Yes, Day 1–2 snapshots show robust overall bids with solid NII, RII, and QIB participation, aligning with the VMS TMT GMP rise narrative.
What are the key VMS TMT IPO dates and lot details?
Bidding runs Sep 17–19; allotment expected Sep 22; tentative listing Sep 24; one lot is 150 shares for retail applicants.
Can VMS TMT IPO listing gain differ from the GMP?
Yes, GMP is an informal indicator that can shift quickly, and final VMS TMT IPO listing gain depends on broader market conditions and final demand.