Terms of the offer
A positive GMP premium signals that the IPO is likely to be at profit while a negative GMP indicates that the IPO is likely to be at a discount. It should be noted that IPO GMP is subject to extreme volatility, so an investment decision based solely on VMS TMT IPO GMP will prove risky. VMS TMT IPO day 3: GMP, subscription status to review. Apply or not? VMS TMT IPO GMP today: Market observers say the company's shares are available at a premium of ₹ 22 in the grey market today The VMS TMT limited IPO GMP is currently at Rs 11, the estimated listing price is Rs 110 against the upper price band of Rs 99. The IPO's estimated listing price is 11.11 per cent up from the issue price at Rs 99. Notably, this data is based on the reports of various sites tracking GMP. VMS TMT IPO closes today: subscription surpasses 25x, GMP at 17% VMS TMT IPO Day 3 update: NSE showed that the public issue received bids for 30,78,07,350 shares against 1,23,00,000 shares on offer, translating into an oversubscription of 25.02 times
