VMS TMT Secures Over 10,000 MT Orders Worth Rs 46 Crore During Diwali
DSIJ Intelligence-2Categories: Mindshare, Trending
Shares of VMS TMT had risen 0.7 per cent to Rs 99.65 on their trading debut on September 24, 2025, after opening at Rs 104.90, 6 per cent above the issue price of Rs 99.
VMS TMT Limited, a leading manufacturer of Thermo Mechanically Treated (TMT) bars in Gujarat, reported receiving over 10,000 metric tonnes of orders from its distributor and dealer network during the recent Diwali festival. The total value of these orders is approximately Rs 46 crore. The company officially submitted a press release to the BSE and NSE on October 20, 2025.
The festive season order intake highlights the strong brand confidence VMS TMT enjoys in Gujarat’s Construction and infrastructure markets. The company attributes the robust demand to factors such as increased infrastructure and housing activity, the Government’s focus on large-scale construction projects, and festive season-led buying patterns. These orders contribute to a healthy order inflow for the current fiscal year (FY26) and reinforce the company’s market position in the expanding TMT bar sector.
Mr. Varun Jain, Chairman and Managing Director of VMS TMT, stated, "This Diwali has been a landmark occasion for us, with more than 10,000 tonnes of orders booked through our distributor network, demonstrating the deep trust our partners and customers place in our brand." He added that the strong order inflow reflects the company’s operational resilience, quality-driven approach, and strong retail and institutional relationships, ensuring a solid start to the second half of FY26.
VMS TMT operates a fully integrated steel manufacturing facility in Ahmedabad with an annual TMT bar capacity of 2,00,000 MT and billet capacity of 2,16,000 MT. Its products, including TMT Bars, Billets, and Binding Wires, are marketed to infrastructure, construction, and Real Estate sectors under the Kamdhenu brand, through a network of 3 distributors and 227 dealers across Gujarat. The facility leverages advanced automation and sophisticated quality assurance systems to maintain operational strength.
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The company went public in September 2025 through an IPO of Rs 148.50 crore, which was oversubscribed by more than 102 times. VMS TMT is also focusing on sustainable growth initiatives, including enhanced automation, upcoming Solar power projects, and a 15 MW solar power plant in Gujarat for captive consumption, aimed at reducing power costs and lowering its carbon footprint.
Shares of VMS TMT had risen 0.7 per cent to Rs 99.65 on their trading debut on September 24, 2025, after opening at Rs 104.90, 6 per cent above the issue price of Rs 99. The company’s Rs 149 crore IPO, entirely comprising fresh shares, was subscribed 102.3 times.
Disclaimer: The article is for informational purposes only and not investment advice.