Virtual Galaxy Infotech Ltd
Price Range
₹135 - ₹142
Min. Quantity
1,000
Closes on
14 May 2025
Min. investment
₹1,42,000/1,000 Shares
Virtual Galaxy Infotech Ltd IPO Timeline
Virtual Galaxy Infotech Limited was originally incorporated as 'Virtual Galaxy Infotech Private Limited' as Private Company dated September 12, 1997 issued by the Registrar of Companies, Mumbai. Subsequently, the status of the Company was converted to a Public Limited Company and the name changed to 'Virtual Galaxy Infotech Limited' and a fresh Certificate of Incorporation upon change of the name was issued by the Registrar of Companies, Central Processing Centre on September 12, 2024.
| Event | Date |
|---|---|
| Virtual Galaxy Infotech Ltd IPO Opening Date | 9 May 2025 |
| Virtual Galaxy Infotech Ltd IPO Closing Date | 14 May 2025 |
| Basis of Allotment | 15 May 2025 |
| Initiation of Refunds | 16 May 2025 |
| Credit of Shares to Demat | 16 May 2025 |
| Virtual Galaxy Infotech Ltd IPO Listing Date | 19 May 2025 |
Virtual Galaxy Infotech Ltd IPO Details
| Virtual Galaxy Infotech Ltd IPO Date | 9 May 2025 to 14 May 2025 |
| Virtual Galaxy Infotech Ltd IPO Face Value | ₹10 per share |
| Virtual Galaxy Infotech Ltd IPO Price | ₹135 to ₹142 per share |
| Virtual Galaxy Infotech Ltd IPO Lot Size | 1,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹88.7 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹93.29 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Avinash Narayanrao Shende, Sachin Purushottam Pande, Shilpa Avinash Shende |
Virtual Galaxy Infotech Ltd IPO Lot Size
The Virtual Galaxy Infotech Ltd IPO lot size is 1,000 shares. A retail-individual investor can apply for up to 1 lots (1,000 shares or ₹1,42,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,000 | ₹1,42,000 |
| Maximum | 1 | 1,000 | ₹1,42,000 |
- Strengths
- Risks
- Opportunities
- One stop solution provider.
- Diversified business across several verticals.
- Diversified revenue streams.
- Recurring and non-recurring, repeat revenues from long standing customer relationships.
- Experienced promoters and senior management team with strong industry expertise and successful track record.
- Growing our business through intellectual property capabilities.
- Quality assurance and quality certification.
Company Financials
Virtual Galaxy Infotech Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Capital expenditure towards setting up additional development facility in
- 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
- Funding for business development and marketing activites and
- General corporate purposes
Virtual Galaxy Infotech Ltd IPO Promoter Holding
| Pre Issue Share Holding | 40.69% |
| Post Issue Share Holding | 29.94% |
Virtual Galaxy Infotech Ltd IPO Subscription Status (Bidding Detail)
The Virtual Galaxy Infotech Ltd IPO is subscribed 0 times on 14 May 2025 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | - |
Virtual Galaxy Infotech Ltd IPO Prospectus
Virtual Galaxy Infotech Ltd IPO Listing Date
| Listing Date | 19 May 2025 |
| BSE Script | - |
| NSE Symbol | - |
| Listing In | NSE - SME |
| ISIN | INE0VRH01015 |
| IPO Price | ₹0 |
| Face Value | ₹10 |
Company Contact Information
3 Central Excise ColonyBehind Mahatme Eye Bank,Nagpur-440015
Phone: +91 92265 31342
Email: investors@vgipl.in
Website: www.vgipl.com
Virtual Galaxy Infotech Ltd IPO Registrar
Virtual Galaxy Infotech Ltd IPO Lead Manager(s)
- Smart Horizon Capital Advisors Pvt Ltd
FAQ
What is the issue size of Virtual Galaxy Infotech Ltd IPO?
I have pre-applied for Virtual Galaxy Infotech Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.