VMS Industries Ltd. is a holding company, which engages in the business of ship recycling, automobiles, export, and VMS tmt. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2011-06-14. The firm's segments include Manufacturing and Trading. The Manufacturing segment is engaged in ship breaking activities. The Trading segment is engaged in the trading of scrap iron and steel. Its business includes ship recycling, automobiles and exports. The firm has purchased a total of approximately 37 ships for its ship recycling activities, which include LORETTA D, COLOMOBO STAR II, MADRE, VENUS GAS, WINCO, MT MAR, LIBRA GAS II, ANNOULA, KAPADOKIA, M V GREEN NEPTUNIC, JAMAIMA, KINGSWAY, THERESA LEPOARD, MV OCEAN, BLU, SHAN, INTERBOARD, HACI ALI SARI, MV ABM PIONEER, M.V NOA, ARMIA KRAJOWA, M.V.HANJI, M.V. MASUREN, M.V. COMMODORE and M.V. BALEEN, among others. The firm recycles ships at the Alang Ship Breaking Yard.

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