Virtual Galaxy Infotech IPO

102.87x

subscribed

Virtual Galaxy Infotech IPO

IT - Software
listed
₹1.35LMin. investment
  1. Pre-apply
    8 May
  2. Bid start
    9 May
  3. Bid end
    14 May
  4. Allotment
    15 May
  5. Release of funds
    16 May
  6. Demat transfer
    16 May
  7. Listing
    19 May

Virtual Galaxy Infotech Limited IPO Details

SectorIT - Software
Price range₹135 – ₹142
IPO type
SME
Lot size1000 shares
Issue size₹93Cr
Red Herring Prospectus
Read
Market Cap
₹353.13CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹63.5CrLower than sector avg
Growth rate3Y CAGR
13.60%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹63.5Cr
This sector
₹2,461.47Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
13.60%
This sector
0.05%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹16.53Cr
This sector
₹373.09Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹353.13Cr
This sector
₹14,720.51Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
14.17
This sector
148.01
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.94
This sector
0.31
Compare with companies

Objectives

Capital expenditure
36.70%
Expenditure on manpower hiring
20.20%
Business expansion
15.00%
Capital expenditure towards IT upgradation
5.40%
Repayment or prepayment of borrowings
3.20%

About Virtual Galaxy Infotech Limited

Virtual Galaxy Infotech, founded in 1997 in Nagpur, is a SaaS-focused company providing core banking software, ERP implementation, customised software development, and IT services across BFSI, ERP, and E-Governance domains. The company is led by Avinash Narayanrao Shende and Sachin Purushottam Pande. Its flagship product, E-Banker, serves banks, NBFCs, and cooperative societies through both on-premises and SaaS delivery models. The company offers end-to-end services including consultation, solution design, implementation, and maintenance through license and subscription-based models.

Virtual Galaxy Infotech IPO Subscription Status

Date
QIB
NII
Retail
Total
09-May-25
1.67 times (X)
0.0 times (X)
0.26 times (X)
0.6 times (X)
12-May-25
1.67X
0.0X
5.83X
3.39X
13-May-25
3.4X
0.0X
31.01X
16.49X
14-May-25
129.72X
0.0X
132.1X
102.87X

Frequently asked questions

How to invest in the Virtual Galaxy Infotech IPO ?

Investors can apply for the Virtual Galaxy Infotech IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Virtual Galaxy Infotech IPO ?

The issue size of the Virtual Galaxy Infotech IPO is 93 Cr.

What is 'pre-apply' for Virtual Galaxy Infotech IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Virtual Galaxy Infotech IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.