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**Summary:**

Investors are closely watching the grey market premiums (GMP) of three IPOs (VMS TMT, Euro Pratik Sales, and Ivalue Infosolutions), with the first two closing subscriptions this week. VMS TMT shows a strong GMP of Rs 22, suggesting a potential 22.22% premium listing. The IPO was oversubscribed. Euro Pratik Sales has a much smaller GMP of Rs 1, indicating a marginal 0.40% premium. This IPO was undersubscribed at closing. Allotment and listing dates for both are approaching. VMS TMT manufactures TMT bars, while Euro Pratik Sales deals in decorative panels and laminates.

**News Article:**

**Mumbai IPO Watch: VMS TMT Set for Strong Debut, Euro Pratik Sales Sees Modest Premium**

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Mumbai, September 18 – As the subscription windows close for VMS TMT and Euro Pratik Sales IPOs, investors are keenly observing grey market premium (GMP) trends, indicating potential listing performance. Ivalue Infosolutions is opening till next week.

VMS TMT, a manufacturer of Thermo Mechanically Treated (TMT) bars, is generating significant buzz. On September 18th, the grey market premium for VMS TMT stood at Rs 22 per share. This suggests a potential listing price of Rs 121, a 22.22% jump over the IPO’s upper price band of Rs 99. The Rs 148.5 crore IPO, which closed today, was heavily oversubscribed, receiving bids 14.48 times the shares offered. Allotment is expected on September 22nd, with listing on the BSE and NSE slated for September 24th.

In contrast, Euro Pratik Sales, specializing in decorative panels and laminates, is seeing a more muted grey market response. The GMP on September 18th was Rs 1 per share, implying a potential listing price of Rs 248 – a mere 0.40% premium over the upper end of its IPO band of Rs 247. The Rs 451.31 crore IPO, an offer-for-sale, closed today undersubscribed at 0.90 times. Allotment is anticipated on September 19th, with listing planned for September 23rd on the BSE and NSE.

Market analysts are watching closely to see if the GMP predictions materialize upon listing. The performance of these IPOs will provide further insights into investor sentiment and the current appetite for new listings in the Indian market.

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