VMS TMT Ltd.

Incorporation in 2013, VMS TMT Limited is primarily engaged in the manufacturing of Thermo Mechanically Treated Bars (TMT Bars). The company also deals in scrap and binding wires, which are sold within Gujarat and other states.The company's manufacturing facility is strategically located in Bhayla Village, near Bavla in Ahmedabad district, Gujarat, allowing easy distribution of products.Distribution Network:VMS TMT Limited operates through a distribution network on a non-exclusive basis. As of July 31, 2025, the company has:3 distributors227 dealersThis network enables the company to efficiently supply its products to customers across Gujarat and other states.Retail License Agreement:On November 7, 2022, VMS TMT Limited entered into a retail license agreement with Kamdhenu Limited. This agreement allows the company to market its TMT Bars under the brand name ‘Kamdhenu NXT’ on mutually agreed terms within the State of Gujarat.Workforce:The company is supported by an experienced and professional management team along with a workforce of 230 permanent employees as of July 31, 2025.Revenue Focus:The company has primarily focused its sales efforts on Tier II and Tier III cities. Over the last three fiscal years, the company has generated a significant portion of its revenue from Gujarat:Fiscal 2024: 98.78% of revenue from GujaratFiscal 2023: 98.43% of revenue from GujaratFiscal 2022: 99.19% of revenue from Gujarat

VMS TMT Ltd. proposes to utilise the net proceeds from the Issue for the following objects: