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Virtual Galaxy Infotech Ltd.

Virtual Galaxy Infotech Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹142
₹142
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹142
Based on GMP
Min. Investment
₹142,000
1 lot × 1000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
09 May 2025
Close Date
14 May 2025
Allotment
15 May 2025
Listing Date
19 May 2025
Exchange
BSE SME
Price Band
₹142
Listing Price
See chart
Allotment Status
Price Band
₹142
Per share
Face Value
₹10 per share
 
Lot Size
1,000 Shares
per lot
Issue Size
65,70,000 shares (aggregating up to ₹93.29 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹142,000
1 lot
Pre-IPO Holding
1,82,98,635 shares
Promoters
Post-IPO Holding
2,48,68,635 shares
Promoters
P/E (Pre)
15.71x
 
P/E (Post)
21.35x
 
EPS (Pre)
₹9.04
 
EPS (Post)
₹6.65
 
UPI Deadline
2025-05-14
Mandate
Anchor AllotmentThu, 08 May 2025
Basis of AllotmentThu, 15 May 2025
Refund InitiationFri, 16 May 2025
Demat CreditFri, 16 May 2025
Listing DayMon, 19 May 2025
UPI Mandate Deadline2025-05-14
Sale TypeFresh Capital
Net Offer to Public62,34,000 shares (aggregating up to ₹88.52 Cr)
Market Maker Quota3,36,000 shares (aggregating up to ₹4.77 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Virtual Galaxy Infotech Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 14 May 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
336,000
₹4.77
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,570,000
100% ₹93.29
IPO Shares Offered
Virtual Galaxy Infotech Ltd. IPO total issue size: ₹93.29 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 336,000 ₹4.77
5.11%
Total 6,570,000 ₹93.29
100.00%
* Based on upper price band ₹142 per share
Lot Size & Investment
Lot Size
1,000
Shares per Lot
Issue Price
₹142.00
Upper Band
Min Investment
₹142,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,000₹284,000
Retail (Max — 13 Lots)1313,000₹1,846,000
S-HNI (Min — 14 Lots)1414,000₹1,988,000
B-HNI (Min — 68 Lots)6868,000₹9,656,000
* Issue Price ₹142 × Lot Size 1,000 shares
IPO Schedule
Anchor
08 May 2025
✓ Done
IPO Open
09 May 2025
✓ Done
IPO Close
14 May 2025
✓ Done
Allotment
15 May 2025
✓ Done
Refunds
16 May 2025
✓ Done
Demat Credit
16 May 2025
✓ Done
Listing Day
19 May 2025
✓ Done
Virtual Galaxy Infotech Ltd. — Live Price LIVE
₹142.00
INR · BSE
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Issue ₹142.00 Live Price
About Virtual Galaxy Infotech Ltd.
Incorporated in September 1997, Virtual Galaxy Infotech Limited (VGIL) is an IT services and consulting firm based in Nagpur, Maharashtra, India.VGIL delivers innovative software products and services across multiple sectors, including Banking and finance, ERP, e-government, Web Services, Cloud Computing, Big Data, IoT, and System Integration.The company has successfully provided advanced technology solutions to more than 5,000 bank branches, manufacturing firms, and businesses.Their offerings focus on transaction automation, customer service delivery, compliance, and decision support.The company's flagship product, "e-banker," is a comprehensive Core Banking Solution designed to address the dynamic techno-financial environment of banking institutions.The company has over 300 professionals dedicated to delivering high-quality software solutions for clients.VGIL's expertise extends to supporting diverse organizations, including bank branches, manufacturing setups, and business houses, ensuring reliable and efficient technology services that empower organizations to thrive in a fast-evolving digital landscape.The company holds several quality certifications, including ISO 9001:2015, ISO/IEC 27001:2013, ISO/IEC 20000-1:2018, and ISO/IEC 23001-7:2023.The company serves commercial banks, cooperative banks, NBFCs, SACCOs in the BFSI sector, and corporate clients in the sugar, solvex, textiles, fertiliser, seed, and education industries.The company serves clients in over 15 Indian states and has expanded internationally to Tanzania and Malawi. As of December 31, 2024, the company had a total strength of 329 employees on its payroll.Competitive StrengthOffer integrated software solutions for the banking and financial services sector.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.
Objects of the Issue
1
Capital expenditure towards setting up additional development facility in Nagpur, Maharashtra;
2
Repayment/ prepayment of certain borrowings availed by the Company
3
Investment in procuring GPU, server & storage system at Data Centre;
4
Funding of expenditure related to enhancement, maintenance and upgrading existing products through manpower hiring
5
Funding for business development and marketing activities
6
General corporate purposes
Virtual Galaxy Infotech Ltd. Financials (Amount in ₹ Crore)
Revenue from Operations
₹43.4
31 Mar 2022
₹59.8
31 Mar 2023
₹63.6
31 Mar 2024
Profit After Tax (PAT)
₹0.4
31 Mar 2022
₹0.7
31 Mar 2023
₹16.5
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 63.58 59.76 43.44
EBITDA N/A N/A N/A
Profit After Tax (PAT) 16.54 0.72 0.40
Net Worth 41.40 20.40 20.14
Total Assets 116.93 84.36 67.80
Reserves & Surplus 30.40 9.40 9.14
Borrowings 38.64 38.85 35.56
EBITDA Margin (%) N/A
PAT Margin (%) 26.04%
P/BV Ratio
5.66
RoE
53.52%
RoCE
31.68%
RoNW
39.95%
PAT Margin
26.04%
Debt/Equity
0.93
Issue Structure & Shareholding
Total Shares Offered65,70,000 (100.00%)
Net Offer to Public62,34,000 shares (aggregating up to ₹88.52 Cr)
Reserved for Market Maker3,36,000 shares (aggregating up to ₹4.77 Cr)
Pre-Issue Promoter Holding1,82,98,635 shares
Post-Issue Promoter Holding2,48,68,635 shares
P/BV Ratio5.66
RoE53.52%
RoCE31.68%
Debt / Equity0.93
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Smart Horizon Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Virtual Galaxy Infotech Ltd. IPO subscribed?

Virtual Galaxy Infotech Ltd. IPO is subscribed 1.00 times by May 14, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Virtual Galaxy Infotech Ltd. IPO retail subscription status?

The Virtual Galaxy Infotech Ltd. IPO retail category is subscribed 1.00 times as of 14 May 2025. The retail portion is oversubscribed.

How to subscribe Virtual Galaxy Infotech Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 09 May 2025 and closes 14 May 2025. Min investment: ₹142,000 (1 lot = 1,000 shares). UPI mandate: 2025-05-14.

How many times Virtual Galaxy Infotech Ltd. IPO subscribed?

The Virtual Galaxy Infotech Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Virtual Galaxy Infotech Ltd. IPO allotment?

Check allotment on the registrar website (Maashitla Securities Pvt.Ltd) at https://maashitla.com/allotment-status/public-issues. Enter your PAN, application number or DP/Client ID. Allotment date: 15 May 2025. Refunds: on 16 May 2025.

When Virtual Galaxy Infotech Ltd. IPO will be listed?

The Virtual Galaxy Infotech Ltd. IPO listing date is 19 May 2025, Monday. Listed on: BSE SME. Issue price: ₹142. Estimated listing: ₹142. GMP: NIL.

When Virtual Galaxy Infotech Ltd. IPO close?

The Virtual Galaxy Infotech Ltd. IPO closes on 14 May 2025, Wednesday. UPI mandate: 2025-05-14. Allotment: 15 May 2025. Listing: 19 May 2025.