Virtual Galaxy Infotech IPO
May 9, 2025 - May 14, 2025
Exp. Premium: 87 (61.27 %)
*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Virtual Galaxy Infotech IPO Details
May 9, 2025
Open Date
May 14, 2025
Close Date
May 15, 2025
Allotment Date
May 19, 2025
Listing Date
Per Lot Price
1000
Price Range
142
Total Issue Size
93.29 Cr
Fresh Issue Size
93.29 Cr
Face Value
10
Listing at Group
NSE
Registrar
Maashitla Securities Private Limited
Lead Manager
Smart Horizon Capital Advisors Private Limited
Offer For Sale
NIL
Subscription
231.45
About Company
Virtual Galaxy Infotech is a SaaS product focused company engaged in providing core banking software solution, IT solutions, ERP implementation and customized software solutions development, IT services for the BFSI, ERP, and E-Governance domains.
They primarily involved in the development, customization, installation, and implementation of software applications, along with comprehensive post-implementation support, monitoring, and maintenance services for the delivered solutions.
Key Verticals
1. Software Development
2. Software Integration
3. Data Centre Services
They are operating from their registered office situated at 3, Central Excise Colony, Chhatrapati Square, Ring Road, Nagpur – 440015, Maharashtra, India.
They are serving customers in various state of India including Maharashtra, Goa, Mizoram, Uttar Pradesh, Telangana, Rajasthan, Manipur, Madhya Pradesh, Himachal Pradesh, Delhi etc and have expanded their reach to the international market including Tanzania and Malawi.
Virtual Galaxy Infotech IPO GMP Live
15-05-2025 : Virtual Galaxy Infotech IPO GMP is Rs 87 Today. That means the expected listing gain is 61.27%.
14-05-2025 : Virtual Galaxy Infotech IPO GMP is Rs 75 Today. That means the expected listing gain is 52.82%.
13-05-2025 : Virtual Galaxy Infotech IPO GMP is Rs 80 Today. That means the expected listing gain is 56.34%.
08-05-2025 : Virtual Galaxy Infotech IPO GMP is Rs 9 Today. That means the expected listing gain is 6.34%.
08-05-2025 : Virtual Galaxy Infotech IPO GMP is Rs 9 Today. That means the expected listing gain is 6.34%.
Promoter Details
The promoters of the Company are Avinash Narayanrao Shende and Sachin Purushottam Pande.
Market Lot Details
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,42,000 |
| Retail (Max) | 1 | 1000 | ₹1,42,000 |
| HNI | 2 | 2000 | ₹2,84,000 |
Quota Details
| Category | Percentage (%) |
|---|---|
| QIB | 50% |
| HNI | 15% |
| Retail | 35% |
Company Financials
| Total Assets | Total Revenue | Profit After Tax | Reserves and Surplus | Total Borrowing | |
| 31-Mar-24 | 116.93 | 63.58 | 16.54 | 30.40 | 38.64 |
| 31-Mar-23 | 84.36 | 59.76 | 0.72 | 9.40 | 38.85 |
| 31-Mar-22 | 67.80 | 43.44 | 0.40 | 9.14 | 35.56 |
*Amount in ₹ Crore
Important Dates Timetable
| Open Date | May 9, 2025 |
| Close Date | May 14, 2025 |
| Allotment Date | May 15, 2025 |
| Initiation of Refunds | May 16, 2025 |
| Credit of Shares to Demat | May 16, 2025 |
| Listing Date | May 19, 2025 |
Objects Of The Issue
1.Capital expenditure towards setting up additional development facility in Nagpur, Maharashtra
2.Repayment/ prepayment of certain borrowings availed by our Company
3.Investment in procuring GPU, server & storage system at Data Centre
4.Funding of expenditure related to enhancement, maintenance and upgrading existing products
5.Funding for business development and marketing activities
6.General corporate purposes
Company Contact Details
Virtual Galaxy Infotech Limited
3, Central Excise Colony,
Behind Mahatme Eye Bank,
Chhatrapati Sq., Ring Road
Phone: +91 9226531342
Email: [email protected]
Website: http://www.vgipl.com/
Registrar Details
Maashitla Securities Private Limited
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura,
Delhi-110034, India
Tel No: 011-4781432
Email: [email protected]
Website: www.maashitla.com
Investor Grievance Email Id: [email protected]
Contact Person: Mukul Agrawal
SEBI Registration Number: INR000004370
Manager Details
Smart Horizon Capital Advisors Private Limited
(Formerly Known as Shreni Capital Advisors Private Limited)
B/908, Western Edge II, Kanakia Space,
Behind Metro Mall, off Western Express Highway,
Magathane, Borivali East, Mumbai – 400066, Maharashtra, India.
Tel No: 022-28706822
Email: [email protected]
Investors Grievance e-mail: [email protected]
Contact Person: Mr. Parth Shah
Website: www.shcapl.com
SEBI Registration Number: INM000013183