Virtual Galaxy Infotech Limited

09 May 2025 - 14 May 2025 Individual Category SME NSE

Min Investment

₹142000

Price Band

₹135-₹142

Issue Size

47.3 lakhs
Equity Shares

Lot Size

1000

IPO Dates
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09 May 2025

Open Date

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14 May 2025

Close Date

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15 May 2025

Allotment Date

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19 May 2025

Listing Date

Virtual Galaxy Infotech IPO open date is May 9, 2025, and the closing date is May 14, 2025. This new IPO is a book-built issue. This upcoming IPO is offering entirely fresh issues of up to 65,70,000 equity shares.  Virtual Galaxy Infotech IPO issue price band is Rs 135 – Rs 142 per share. As of now, the live GMP of the Virtual Galaxy Infotech IPO is at 0, indicating neutral sentiment and low interest among investors for this IPO. Virtual Galaxy Infotech IPO lot size is 1000 shares, and the allotment status will be finalised on Thursday, May 15, 2025. The minimum investment for retail investors is Rs 1,42,000. The registrar for the Virtual Galaxy Infotech IPO is Maashitla Securities Private Limited. The listing date is Monday, May 19, 2025.

Know Before Investing

Strengths icon

  • Capable of delivering large-scale customized training in 19 regional languages.
  • Nationwide presence across tier 1 to tier 4 cities expands market coverage.
  • Structured 3D Model used by SMEs and content creators ensures quality training material.

Weaknesses icon

  • History of negative cash flows may limit future expansion.
  • Risk of content duplication by competitors due to weak IP protection.
  • Lack of intellectual property rights over course content.

About Virtual Galaxy Infotech Limited

Virtual Galaxy Infotech Limited (VGIL), established in 1997 in Nagpur, Maharashtra, is a technology solutions provider with over 27 years of expertise in the IT sector. VGIL specialises in delivering innovative software products and services across banking and finance, eGovernance, ERP, and data centre solutions.The company has empowered more than 1,000 bank branches, manufacturing firms, and business houses with advanced technology for transaction automation, customer service, compliance, and decision support. VGIL's portfolio includes core banking solutions, digital payment systems, ERP software, cloud computing, and cybersecurity services, supporting digital transformation and operational efficiency for its clients.With a team of over 300 professionals, VGIL is ISO 9001:2000 certified and maintains a strong focus on client satisfaction, continuous innovation, and scalable IT solutions. The company's commitment to quality and adaptability has driven its growth and established a global footprint, including successful international projects.

Founded

1997

Managing Director

Avinash Shende

Parent Organization

IPO Objectives

Virtual Galaxy Infotech IPO objectives include utilising the funding received from the fresh issue for multiple strategic objectives, including capital expenditure to establish an additional development facility in Nagpur, Maharashtra; repayment or prepayment of certain borrowings; investment in GPU, server, and storage systems for the data centre; enhancement and maintenance of existing products through manpower hiring; business development and marketing activities; and general corporate purposes.

Company Promoters

Avinash Narayanrao Shende

Sachin Purushottam Pande

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

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IPO Allotment

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