VMS TMT IPO Day 2: Issue booked 8.40 times; GMP at 17%. Should you apply? Check key details

The VMS TMT IPO is a fresh issue of 1.5 crore equity shares, targeting to raise up to Rs 148.5 crore at the top end of its price band. Retail investors can apply for a minimum of 150 shares, with additional bids in multiples, making the minimum investment Rs 14,850 at the highest price.