New Delhi, Sept. 17 -- VMS TMT IPO, which opened for bidding on Wednesday, September 17, sailed through within minutes of opening. The issue ended the first day of bidding with strong demand, as all categories were fully booked.

Investors have till Friday, September 19, to apply for the VMS TMT IPO.

According to BSE data, VMS TMT IPO received bids for 10,33,32,600 shares as against 1,23,00,000 shares on offer, taking the overall IPO subscription to 8.40 times at the end of the first day.

The retail portion was booked 6.56 times, the non-institutional investor (NII) quota was subscribed 13.78 times and the qualified institutional buyer (QIB) segment garnered 7.09 times bids.

VMS TMT IPO GMP, or grey market premium, was Rs.22. At the pr...