IPO Wala
Virtual Galaxy Infotech IPO

Virtual Galaxy Infotech IPO

NSE SMEOpen for Subscription

May 9, 2025 - May 14, 2025

Exp. Premium: 8 (5.63 %)

₹ 1000/142000 Shares

*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

Open for Subscription
SME IPO

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

N/A

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

08-05-2025 : Virtual Galaxy Infotech IPO GMP is Rs 8 Today. That means the expected listing gain is 5.63%.

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

ApplicationLotsSharesAmount
Retail (Min)110001,42,000
Retail (Max)110001,42,000
HNI220002,84,000

Quota Details

CategoryPercentage (%)
QIB50%
HNI15%
Retail35%

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

Virtual Galaxy Infotech IPO - FAQs

Q.What is the Virtual Galaxy Infotech IPO?
Ans.Virtual Galaxy Infotech is launching an IPO as a book_built_issue issue. The price band is ₹142 per share, and the lot size is 142000 shares.
Q.What are the opening and closing dates for Virtual Galaxy Infotech IPO?
Ans.The IPO opens on May 9, 2025 and closes on May 14, 2025.
Q.What is the expected Grey Market Premium (GMP) for Virtual Galaxy Infotech?
Ans.The current GMP for Virtual Galaxy Infotech IPO is ₹8 based on market speculations. Please note this value is collected from internet sources, and we do not promote it.
Q.When will the allotment for Virtual Galaxy Infotech IPO be finalized?
Ans.The IPO allotment will be finalized on May 15, 2025.
Q.When is the listing date for Virtual Galaxy Infotech IPO?
Ans.The IPO will be listed on NSE & BSE on May 19, 2025.
Q.How many times has Virtual Galaxy Infotech IPO been subscribed?
Ans.The IPO was subscribed times as per the latest reports.
Q.What is the total issue size of Virtual Galaxy Infotech IPO?
Ans.The total issue size for Virtual Galaxy Infotech IPO is ₹93.29 Cr crore, including a fresh issue of ₹93.29 Cr crore and an Offer for Sale (OFS) of ₹NIL crore.
Q.Who is the registrar for Virtual Galaxy Infotech IPO?
Ans.The registrar for this IPO is Maashitla Securities Private Limited.
Q.Who are the lead managers for Virtual Galaxy Infotech IPO?
Ans.The lead managers for this IPO include: 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
Q.How can I check the allotment status of Virtual Galaxy Infotech IPO?
Ans.To check the allotment status, visit the registrar’s official website at https://kfintech.com.
Q.What is the financial performance of Virtual Galaxy Infotech?
Ans.Here are the financial highlights: N/A
Q.How can I contact Virtual Galaxy Infotech for more details?
Ans.You can reach Virtual Galaxy Infotech at: Address: 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/ Phone: +91 9226531342 Email: [email protected] Website: http://www.vgipl.com/</p>