Virtual Galaxy Infotech

Virtual Galaxy Infotech

NSE SME

₹142,000 / 1000 Shares

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

Virtual Galaxy Infotech IPO is priced between ₹135-142 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the NSE SME, and Maashitla Securities Private Limited is managing the issue as the registrar.

The IPO bidding period opened on 9 May, 2025, and closed on 14 May, 2025. The allotment results will be announced on 15 May, 2025, with a tentative listing date set for 19 May, 2025.

The total issue comprises 65,70,000 shares, amounting to ₹93.29 Cr.

Virtual Galaxy Infotech IPO Highlights

IPO DateListing DateFace ValuePrice BandLot SizeFresh IssueOffer for SaleListing At
May 9, 2025 - May 14, 202519 May, 2025₹10 Per Equity Share₹135-142 per equity share- Shares -NSE SME

Virtual Galaxy Infotech IPO Timeline

IPO Open Date
9 May, 2025
IPO Close Date
14 May, 2025
Basis of Allotment
15 May, 2025
Listing Date
19 May, 2025

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

N/A times

IPO Docs

DRHP RHP

Virtual Galaxy Infotech IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 24116.9363.5816.5441.4030.4038.64
31 Mar 2384.3659.760.7220.409.4038.85
31 Mar 2267.8043.440.4020.149.1435.56

All values are in ₹ Cr.

Virtual Galaxy Infotech IPO Valuations

EPS PRE IPO

₹/-

EPS POST IPO

₹/-

PE PRE IPO

-

PE POST IPO

-

ROE

%

ROCE

%

DEBT EQUITY

-

RONW

%

PAT MARGIN

-

PRICE TO BOOK VALUE

-

About 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.

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Virtual Galaxy Infotech IPO - Issue Objectives

  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
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