If you have placed a bid for the VMS TMT IPO, which opened on September 17 and closed on September 19, your wait is nearly over. The allotment of shares is expected to be finalised today, September 22, while the listing is scheduled for September 24.

The price band for the IPO was set at Rs 94 – 99 per share.

Here’s a quick and easy guide to check your IPO allotment status online

How to check IPO allotment status

Via BSE Website

  • Go to the BSE IPO allotment status page.
  • Select ‘Equity’ as the issue type.
  • From the dropdown, choose ‘VMS TMT IPO’.
  • Enter your application number or PAN.
  • Complete the captcha by ticking ‘I’m not a robot’ and click on Search.
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Via NSE Website

  • Visit the NSE IPO application tracking page.
  • Then, click on ‘Equity and SME IPO Bid Details’.
  • Select ‘VMS TMT IPO’ from the list.
  • Provide the details such as your application number and PAN.
  • Submit to view your allotment status.

Via the Registrar’s Website

  • Go to the official site of the registrar Kfin Technologies.
  • Select ‘VMS TMT IPO’ from the dropdown.
  • Choose any of the following: PAN, Application Number, DP ID/Client ID, or Bank Account Number.
  • Fill in the necessary details and press Search to check your status.

Subscription snapshot

The VMS TMT IPO saw a strong response from investors. By the end of the bidding window, the overall subscription stood at 102.24 times.

Qualified Institutional Buyers (QIBs): 120.80 times

Non-Institutional Investors (NIIs): 227.08 times

Retail Investors: 47.85 times

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Grey Market

The grey market premium (GMP) for VMS TMT IPO is currently around Rs 13, suggesting a likely listing price of Rs 112. This translates to a potential gain of around 13.13% from the upper end of the price band. However, GMP is unofficial and may not always reflect actual listing performance.

IPO details

The public issue of VMS TMT IPO was open for subscription from September 17 to September 19, with the company aiming to raise Rs 148.50 crore through the initial public offering. The price band for the issue was fixed between Rs 94 and Rs 99 per share.

The issue is being managed by Arihant Capital Markets, while Kfin Technologies is acting as the registrar. Once the allotment process is completed, the shares are scheduled to be listed on both NSE, BSE on September 24.