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Open
9 May 2025
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Close
14 May 2025
3
Allotment
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Listing
Mon, May 19, 2025
Price Band
₹135 to ₹142
Issue Size
65,70,000 shares (agg. up to ₹93 Cr)
Lot Size
1,000 Shares
Listing Date
Mon, May 19, 2025
Latest GMP
₹110
Est. Gain
77.46%
✦ AI Insight
GMP Trend
19-05-2025₹110Est. ₹252+77.46%
18-05-2025₹100Est. ₹242+70.42%
17-05-2025₹100Est. ₹242+70.42%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 163.65x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 116.93 | 84.36 | 67.80 |
| Total Income | 63.58 | 59.76 | 43.44 |
| Profit After Tax | 16.54 | 0.72 | 0.40 |
| NET Worth | 41.40 | 20.40 | 20.14 |
| Reserves and Surplus | 30.40 | 9.40 | 9.14 |
| Total Borrowing | 38.64 | 38.85 | 35.56 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Unicommerce eSolutions Ltd. | Mainboard | ₹276.57 Cr | ₹108 | 84.59 | ₹210.08 | +94.52% | ₹85.93 (+0.23%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure towards setting up additional development facility in Nagpur, Maharashtra | 34.27 |
| 2 | Repayment/prepayment of certain borrowings availed by the Company | 3.00 |
| 3 | Investment in procuring GPU, server & storage system at Data Centre | 5.05 |
| 4 | Funding of expenditure related to enhancement, maintenance and upgrading existing products through manpower hiring | 18.90 |
| 5 | Funding for business development and marketing activities | 14.06 |
| 6 | General Corporate Purposes | 6.06 |
| 7 | Issue Expenses | 11.96 |
| Total | 93.29 |
About Virtual Galaxy Infotech IPO
Incorporated in September 1997, Virtual Galaxy Infotech Limited (VGIL) is an IT services and consulting firm based in Nagpur, Maharashtra, India. VGIL delivers innovative software products and services across multiple sectors, including Banking and finance, ERP, e-government, Web Services, Cloud Computing, Big Data, IoT, and System Integration. The company has successfully provided advanced technology solutions to more than 5,000 bank branches, manufacturing firms, and businesses. Their offerings focus on transaction automation, customer service delivery, compliance, and decision support. The company's flagship product, "e-banker," is a comprehensive Core Banking Solution designed to address the dynamic techno-financial environment of banking institutions. The company has over 300 professionals dedicated to delivering high-quality software solutions for clients. VGIL's expertise extends to supporting diverse organizations, including bank branches, manufacturing setups, and business houses, ensuring reliable and efficient technology services that empower organizations to thrive in a fast-evolving digital landscape. The company holds several quality certifications, including ISO 9001
Contact Details
Virtual Galaxy Infotech Ltd. Address3, Central Excise ColonyBehind Mahatme Eye BankChhatrapati Sq., Ring RoadNagpur, Maharashtra, 440015+91 9226531342investors@vgipl.inVisit Website