
Virtual Galaxy Infotech
NSE SME₹142,000 / 1000 Shares
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 Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
---|---|---|---|---|---|---|---|
May 9, 2025 - May 14, 2025 | 19 May, 2025 | ₹10 Per Equity Share | ₹135-142 per equity share | - | Shares | - | NSE SME |
Virtual Galaxy Infotech IPO Timeline
Issue Price
₹135-142 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Maashitla Securities Private LimitedMarket Lot
1000 Shares (₹142,000/-)Lead Manager
Smart Horizon Capital Advisors Private LimitedIssue Size
65,70,000 shares(aggregating up to ₹93.29 Cr)Retail Portion
35%Subscription
N/A timesVirtual Galaxy Infotech IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31 Mar 24 | 116.93 | 63.58 | 16.54 | 41.40 | 30.40 | 38.64 |
31 Mar 23 | 84.36 | 59.76 | 0.72 | 20.40 | 9.40 | 38.85 |
31 Mar 22 | 67.80 | 43.44 | 0.40 | 20.14 | 9.14 | 35.56 |
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.
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
Virtual Galaxy Infotech
3, Central Excise Colony, Behind Mahatme Eye Bank,Chhatrapati Sq., Ring Road, Nagpur, Maharashtra,India, 440015Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues