VMS TMT IPO Information: Thermo mechanically tried metal bar VMS TMT has re -enrolled the draft Crimson Herring Prospects (DRHP) to SEBI to boost funds with the target of lowering debt. TMT bars are excessive -power reinforation metal that are broadly used within the development trade. On the similar time, based on the draft papers filed on March 27, 2025, the IPO will embrace a totally contemporary challenge of 1.5 crore fairness shares. Earlier, on September 27, 2024, the corporate filed draft papers for this IPO dimension. However later, on 23 October, it withdrew the draft doc. The corporate at Gujarat has deliberate to make use of Rs 115 crore out of the online revenue acquired from the IPO. The remaining quantity has been made by the corporate to make use of for common company functions. As of December 2024, the whole debt of VMS TMT firm was Rs 160.2 crore. The newsgun and tremendous specialty has 96.28 % share of promoters within the draft papersVMS TMT submitted for IPOs. The remaining 3.72 % shares are with public shareholders. These embrace Chanakya Alternatives Fund I and Kamdhenu (Chanakya Alternatives Fund I and Kamdhenu). Which permits it to promote TMT Bars beneath Kamdhenu model on non-exclusively agreed phrases in Gujarat. The Arihant Capital Markets (Arihant Capital Markets), appointed to deal with the general public challenge ie Public challenge i.e. Public challenge i.e. Public challenge i.e. Public challenge i.e. Public challenge ie IPO Hai. Disclaimer: (Right here data supplied is being given just for data. It’s vital to inform right here that the funding available in the market is topic to dangers. All the time seek the advice of consultants earlier than investing as an investor. There’s by no means recommendation from Moneycontrol to take a position cash right here.)
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