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    Virtual Galaxy Infotech IPO

    102.87x

    subscribed

    Virtual Galaxy Infotech IPO

    Virtual Galaxy Infotech IPO
    IT - Software
    closed

    102.87x

    subscribed

    ₹1.35L₹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

    About Virtual Galaxy Infotech Limited

    Issue size
    ₹93Cr
    IPO type
    SME
    Market Cap
    ₹353.13CrLower than sector avg
    Price range
    ₹135 – ₹142
    Listing ExchangeNSE
    RevenueApr 2023 - Mar 2024
    ₹63.5CrLower than sector avg
    Lot size
    1000 shares
    Red Herring Prospectus
    Read
    Growth rate3Y CAGR
    13.60%Higher than sector avg
    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

    Compare

    Companies in this sector
    Tata Consultancy Services LtdTata Consultancy Services Ltd
    Infosys LtdInfosys Ltd
    HCL Technologies LtdHCL Technologies Ltd
    Revenue
    Higher revenue means strong sales and good market demand
    This IPO
    ₹63.5Cr
    This sector
    ₹2,511.49Cr
    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
    ₹376.98Cr
    Compare with companies
    Market cap
    Higher market cap means strong confidence but may suggest overvaluation
    This IPO
    ₹353.13Cr
    This sector
    ₹16,329.81Cr
    Compare with companies
    P/E ratio
    Lower ratio usually means stock is undervalued
    This IPO
    14.17
    This sector
    61.70
    Compare with companies
    D/E ratio
    Lower ratio usually means fewer liabilities
    This IPO
    0.94
    This sector
    0.41
    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.

    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 IPO?

    Investors can apply for the 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.

    What are the open and close dates of the Virtual Galaxy Infotech IPO ?

    Virtual Galaxy Infotech IPO will be open between 2025-05-09 and 2025-05-14.

    What is the allotment date for the Virtual Galaxy Infotech IPO ?

    Virtual Galaxy Infotech IPO allotment date is 2025-05-16. For Virtual Galaxy Infotech IPO allotment status check, you can visit the website of the registrar of the IPO.

    Who is the registrar of Virtual Galaxy Infotech IPO ?

    For Virtual Galaxy Infotech IPO, the IPO registrar is Maashitla Securities Private Limited. You can check Virtual Galaxy Infotech IPO allotment status on the website of the registrar.

    Where is the Virtual Galaxy Infotech IPO getting listed?

    The shares are proposed to be listed on the BSE and NSE.

    When will Virtual Galaxy Infotech IPO shares be credited to your demat account?

    The Virtual Galaxy Infotech IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.

    What is the lot size and minimum order quantity of the Virtual Galaxy Infotech IPO ?

    The Virtual Galaxy Infotech IPO lot size is 1000 and minimum order quantity is 1000.

    What is the price band for the Virtual Galaxy Infotech IPO ?

    Virtual Galaxy Infotech IPO has set the price band for its IPO at 142 per equity share with a face value of 10.
    1. Home
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    Application closed
    Timeline
    1. Pre-apply
      8 May 2025
    2. Bidding starts
      9 May 2025
    3. Bidding ends
      14 May 2025
    4. Allotment finalisation
      15 May 2025
    5. Release of funds
      16 May 2025
    6. Demat transfer
      16 May 2025
    7. Listing
      19 May 2025
    Application closed