Minimum Investment
| Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
| ₹1,42,000 | 1 | 1000 |
About Virtual Galaxy Infotech Limited IPO
Virtual Galaxy Infotech Limited (VGIL), established in 1997, is a leading IT services and consulting firm headquartered in Nagpur, India. Specializing in banking and financial technology, the company offers innovative solutions like its flagship “e-banker” Core Banking Software, along with ERP, e-governance, cloud computing, and IoT services. With a strong presence across 15+ Indian states and international operations in Tanzania and Malawi, VGIL serves over 5,000 bank branches and corporate clients in sectors like BFSI, manufacturing, and education. The company holds multiple ISO certifications (9001:2015, 27001:2013, etc.), ensuring high standards in security and service delivery. Backed by a team of 329 professionals, VGIL combines technical expertise with domain knowledge to drive digital transformation for businesses.
VGIL’s competitive edge lies in its diversified revenue streams, recurring client relationships, and integrated software solutions tailored for banking and enterprise needs. With a proven track record in automation, compliance, and decision-support systems, the company is well-positioned for growth in India’s expanding fintech and IT sectors. The IPO aims to fuel further innovation and market expansion, reinforcing VGIL’s reputation as a trusted technology partner for financial institutions and corporations.
Virtual Galaxy Infotech Limited IPO Details
| IPO Date | May 9, 2025 to May 14, 2025 |
| Listing Date | Mon, May 19, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹135 to ₹142 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 65,70,000 shares (aggregating up to ₹93.29 Cr) |
| Fresh Issue | 65,70,000 shares (aggregating up to ₹93.29 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,82,98,635 shares |
| Share Holding Post Issue | 2,48,68,635 shares |
| Market Maker Portion | 3,36,000 shares Alacrity Securities Ltd. |
| IPO Open Date | Fri, May 9, 2025 |
| IPO Close Date | Wed, May 14, 2025 |
| Tentative Allotment | Thu, May 15, 2025 |
| Initiation of Refunds | Fri, May 16, 2025 |
| Credit of Shares to Demat | Fri, May 16, 2025 |
| Tentative Listing Date | Mon, May 19, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 14, 2025 |
Virtual Galaxy Infotech Limited IPO Prospectus
Virtual Galaxy Infotech Limited Financial Snapshot (in Crore)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 116.93 | 84.36 | 67.80 |
| Revenue | 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 |
Virtual Galaxy Infotech Limited Promoters Holding
Avinash Narayanrao Shende and Sachin Purushottam Pande
Virtual Galaxy Infotech Limited IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Virtual Galaxy Infotech Limited IPO Lead Manager(s)
Smart Horizon Capital Advisors Private Limited
Virtual Galaxy Infotech Limited Contact Details
Virtual Galaxy Infotech Limited
3, Central Excise Colony,
Behind Mahatme Eye Bank,
Chhatrapati Sq., Ring Road
Phone: +91 9226531342
Email: investors@vgipl.in
Website: http://www.vgipl.com/
