Virtual Galaxy Infotech Limited IPO

NSE SME Closed

Offer Date: May 9, 2025 - May 14, 2025

Exp. Premium: 82-87 (57.75%)

₹ 142000 /1000 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 Live Subscription Details

Date

14-May-2025 17:58:00 hrs

QIBs

129.72

NII

590.62

Retail

132.80x

Total

231.52 times

Virtual Galaxy Infotech IPO Details

09 May, 2025

Open Date

14 May, 2025

Close Date

15 May, 2025

Allotment Date

19 May, 2025

Listing Date

Issue Price

₹135-142 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Maashitla Securities Private Limited

Market Lot

1000 Shares (₹142,000/-)

Lead Manager

Smart Horizon Capital Advisors Private Limited

Issue Size

65,70,000 shares(aggregating up to ₹93.29 Cr)

Retail Portion

35%

Subscription

231.52 times

IPO Docs

DRHP RHP

The IPO of Virtual Galaxy Infotech is priced at ₹135-142 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Maashitla Securities Private Limited is the registrar of the issue.

Virtual Galaxy Infotech IPO bid opening date is from May 9, 2025 and the bid closing date was May 14, 2025.
Virtual Galaxy Infotech IPO allotment result will be available on May 15, 2025. The tentative listing date for Virtual Galaxy Infotech is May 19, 2025.

The total issue size is 65,70,000 shares(aggregating up to ₹93.29 Cr).

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

Total No. of Applications: 3,19,300 (Approx)

Virtual Galaxy Infotech Valuations

EPS Pre IPO

₹9.04/-

EPS Post IPO

₹6.65/-

P/E Pre IPO

15.71

P/E Post IPO

21.35

ROE

53.52%

ROCE

31.68%

Debt/Equity

0.93

RoNW

39.95%

PAT Margin

26.04

Price to Book Value

5.66

Virtual Galaxy Infotech Company Financials All values are in ₹ Cr.

	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

About The Company

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)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

Avinash Narayanrao Shende
Sachin Purushottam Pande

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

Other Details

Company Contact Details

Virtual Galaxy Infotech

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

Phone: +91 9226531342

Email: investors@vgipl.in

Website: http://www.vgipl.com/

Registrar Contact Details

Maashitla Securities Private Limited

Phone: +91-11-45121795-96

Email: ipo@maashitla.com

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

Virtual Galaxy Infotech IPO - FAQs

Ans. Virtual Galaxy Infotech Limited IPO is a SME IPO. The issue is priced at ₹135-142 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on May 9, 2025, and closes on May 14, 2025. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

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

Ans. The size of Virtual Galaxy Infotech Limited IPO is 65,70,000 shares(aggregating up to ₹93.29 Cr).

Ans. The IPO price band is set between ₹135-142 per equity share.

Ans. To apply for Virtual Galaxy Infotech Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Virtual Galaxy Infotech Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

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

Ans. The Virtual Galaxy Infotech Limited IPO will be listed on May 19, 2025.

Ans. Follow the steps to check the allotment status for Virtual Galaxy Infotech Limited IPO here.