Virtual Galaxy Infotech IPO

Virtual Galaxy Infotech is an NSE SME IPO listed on the NSE SME platform, priced at ₹135–₹142 per share. The stock debuted at ₹180, delivering a listing gain of 26.8%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,42,000.

Virtual Galaxy Infotech Limited IPO

NSE SME Listed
₹1,42,000 (1000 Shares)
Minimum Investment
Check Allotment
IPO Dates
May 9, 2025 – May 14, 2025
Price band
₹135-142 per equity share
Minimum Investment
₹1,42,000
Issue size
₹93.29 Cr
Lot size
1000
Allotment Date
May 15, 2025
Listing
May 19, 2025
Listing At
NSE SME

IPO timeline

  1. May 9, 2025

    Open Date

    Completed

  2. May 14, 2025

    Close Date

    Completed

  3. May 15, 2025

    Allotment Date

    Completed

  4. May 19, 2025

    Listing Date

    Completed

Virtual Galaxy Infotech IPO Essentials

Virtual Galaxy Infotech IPO Details

Virtual Galaxy Infotech IPO is priced at ₹135-142 per share with a total issue size of 93.29 crore. The IPO has a lot size of 1000 shares and is listed on NSE SME.

Issue price
₹135-142 per equity share
Lot size
1000 shares
Face value
₹10 Per Equity Share
Issue size
65,70,000 shares(aggregating up to ₹93.29 Cr)
Total issue size
65,70,000 shares
(aggregating up to ₹93.29 crore)
Fresh issue
65,70,000 shares
(aggregating up to ₹93.29 crore)
Listing at
NSE SME
List price
180.0
Listing date
Registrar
Maashitla Securities Private Limited
Lead manager
Smart Horizon Capital Advisors Private Limited

Market Lot Size

Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 1000 ₹1,42,000
Retail(max) 1 1000 ₹1,42,000
NII (min) 2 2,000 ₹2,84,000

Virtual Galaxy Infotech IPO Documents

Virtual Galaxy Infotech IPO Analytics

Virtual Galaxy Infotech IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Virtual Galaxy Infotech IPO Subscription Status

Virtual Galaxy Infotech IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 12,44,000 / 9,50,000 22,00,000 43,94,000
Day 1 09-05-25 06:00 PM
(1.67 / 0.39) x 0.27 x 0.69 x
Day 2 12-04-25 06:00 PM
(1.67 / 4.97) x 5.94 x 4.52 x
Day 3 13-05-25 06:00 PM
(3.40 / 37.61) x 31.34 x 24.79 x
Day 4 14-05-25 06:00 PM
(129.72 / 590.58) x 130.71 x 230.45 x

Virtual Galaxy Infotech Valuations

Earnings

EPS Pre IPO
₹9.04/-
EPS Post IPO
₹6.65/-
P/E Pre IPO
15.71
P/E Post IPO
21.35

Returns

ROE
53.52%
ROCE
31.68%
RoNW
39.95%
PAT Margin
26.04

Fundamentals

Debt / Equity
0.93
Price / Book
5.66

Data sourced from DRHP / RHP • For educational purposes only

Virtual Galaxy Infotech Financials( In Crs.)

31-Mar-24 31-Mar-23 31-Mar-22
Assets 116.93 84.36 67.80
Revenue 63.58 59.76 43.44
Profit After Tax 16.54 0.72 0.40
Net Worth 41.40 20.40 20.14
Reserves & Surplus 30.40 9.40 9.14
Total Borrowing 38.64 38.85 35.56

Virtual Galaxy Infotech Company & Offer Insights

About Virtual Galaxy Infotech

Established in September 1997, Virtual Galaxy Infotech Limited (VGIL) is a Nagpur, Maharashtra, India-based IT services and consulting company.

VGIL provides cutting-edge software products and services to various industries such as Banking and finance, ERP, e-government, Web Services, Cloud Computing, Big Data, IoT, and System Integration.VGIL has successfully implemented advanced technology solutions to over 5,000 bank branches, manufacturing companies, and businesses.

Their solutions are centered around transaction automation, customer service delivery, compliance, and decision support.Their most prominent product is e-banker, an integrated Core Banking Solution aimed at meeting the changing techno-financial landscape of banks.

The firm employs more than 300 professionals committed to delivering high-quality software solutions to clients.VGIL's capabilities reach across providing varied organizations, such as bank branches, manufacturing facilities, and business houses, with robust and effective technology services that enable organizations to succeed in an ever-changing digital environment.
The organization is ISO 9001:2015, ISO/IEC 27001:2013, ISO/IEC 20000-1:2018, and ISO/IEC 23001-7:2023 certified.The company caters to commercial banks, cooperative banks, NBFCs, SACCOs in the BFSI segment, and corporate clients in the sugar, solvex, textile, fertiliser, seed, and education segments.The company has client presence in more than 15 Indian states and has crossed geographical boundaries to Tanzania and Malawi.

As on December 31, 2024, the company had a total of 329 employees on its rolls.

Virtual Galaxy Infotech Promoter(s)

Avinash Narayanrao Shende, Sachin Purushottam Pande are the company's promoters of Virtual Galaxy Infotech.

Virtual Galaxy Infotech IPO Issue Objectives

Capital expenditure towards setting up additional development facility in Nagpur, Maharashtra
Repayment/ prepayment of certain borrowings availed by the Company
Investment in procuring GPU, server & storage system at Data Centre
Funding of expenditure related to enhancement, maintenance and upgrading existing products through manpower hiring
Funding for business development and marketing activities
General corporate purposes

Contact Information

Contact Details

Virtual Galaxy Infotech

+91 9226531342

investors@vgipl.in

http://www.vgipl.com/

3, Central Excise Colony, Behind Mahatme Eye Bank,Chhatrapati Sq., Ring Road, Nagpur, Maharashtra,India, 440015

Registrar Contact Details

Maashitla Securities Private Limited

+91-11-45121795-96

ipo@maashitla.com

https://maashitla.com/allotment-status/public-issues

Frequently Asked Questions

Click any question to reveal the answer

Virtual Galaxy Infotech IPO is a book-built IPO worth ₹93.29 crore. The price band is ₹135–₹142 per share. The IPO opens on May 9, 2025 and closes on May 14, 2025. It will be listed on NSE SME Platform. Maashitla Securities Private Limited is the registrar.

The price band of Virtual Galaxy Infotech IPO is ₹135 to ₹142 per share.

The lot size of Virtual Galaxy Infotech IPO is 1000 shares.

The minimum investment for Virtual Galaxy Infotech IPO is approximately ₹1,42,000 based on the upper price band .

Virtual Galaxy Infotech IPO opens on May 9, 2025 and closes on May 14, 2025.

The allotment date of Virtual Galaxy Infotech IPO is May 15, 2025.

Virtual Galaxy Infotech IPO is expected to be listed on May 19, 2025, on NSE SME Platform.

Virtual Galaxy Infotech IPO valuation snapshot: P/E 21.35, EPS ₹6.65/-, P/B 5.66, RoNW 39.95%, and market cap N/A.

To apply for Virtual Galaxy Infotech IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Virtual Galaxy Infotech IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Virtual Galaxy Infotech IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Virtual Galaxy Infotech IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Virtual Galaxy Infotech IPO allotment status on IPO Ji for quick and easy access.