VMS TMT Listing: VMS TMT shares debuted in the listed space with a decent premium on Wednesday. The stock opened for trade at Rs 105 on the BSE and Rs 104.90 on the NSE, with a premium of around 6.06 per cent and 5.90 per cent over the issue price, respectively.

VMS TMT IPO highlights:

The issue was subscribed over 102.27 times, translating to a total of 125.78 crore shares against 1.23 crore. The total subscription includes Qualified Institutional Buyers (QIBs) who bid 21.74 crore shares against 18 lakh shares reserved(120.80 times).

Add Zee Business as a Preferred Source

Non-Institutional Investors (NIIs) subscribed 68.12 crore shares against allotted 30 lakh shares (227.09 times), and Retail Individual Investors (RIIs) bid for 35.91 crore shares against 75 lakh shares (47.89 times)

See Full Page