The Virtual Galaxy Infotech Limited IPO is opening for subscription on 9 May 2025 and will close on 14 May 2025. This SME IPO is raising ₹93.29 crore from a complete fresh issue of 65.70 lakh equity shares.
The Virtual Galaxy Infotech IPO allotment date will be decided on Thursday, 15 May 2025. Virtual Galaxy Infotech shares will be listed on NSE SME on Monday, 19 May 2025, tentatively.
The Virtual Galaxy Infotech IPO price band has been set between ₹135 and ₹142 per share. The lot size decided for the IPO is 1000 shares, which makes the minimum investment for the retail investors ₹135000. However, to increase your chances, you should bid at the cutoff, which will make the minimum investments ₹142000. HNIs need to subscribe to at least 2 lots, which makes the minimum investment ₹ 284000.
Here Are the Quick Steps to Apply for the Virtual Galaxy Infotech SME IPO with the Best IPO App!
Virtual Galaxy Infotech NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | May 9, 2025 |
| IPO Closing Date | May 14, 2025 |
| Tentative IPO Listing Date | May 19, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹135 to ₹142 per share |
| Lot Size | 1000 shares |
| Total Issue Size | 6570000 Shares (₹93.29 Cr.) |
| Fresh Issue | 6570000 Shares (₹93.29 Cr.) |
| IPO Segment | Book Building Issue IPO |
| Listing At | NSE SME |
| Shareholding Pre-Issue | 18298635 shares |
| Shareholding post-issue | 24868635 shares |
Virtual Galaxy Infotech Limited | Company Overview
Virtual Galaxy Infotech Limited was established in the year 1997 and is engaged in IT services and consulting. It is based in Nagpur, Maharashtra. It is known for its wide range of new age software products and solutions for different sectors, which include –
- Banking & finance
- Government
- Cloud Computing
- ERP
- Big Data
- IoT
- System integration
It has tie-ups with more than 5000 branches of banks, manufacturing companies, and other businesses. The primary solutions of the firm include –
- Transaction Automation
- Compliance
- Customer service delivery
- Decision support
They have a flagship product, which is “e-banker”. It is a comprehensive solution for core banking requirements, which has been designed by the firm to address the dynamic techno-financial environment.
Certifications of the firm –
- ISO 9001:2015
- ISO/IEC 27001:2013
- ISO/IEC 20000:1:2018
- ISO/IEC 23001:2023
Virtual Galaxy operated across 15 Indian cities along with offices in Malawi and Tanzania, making the firm truly global.
Virtual Galaxy Infotech Limited IPO | Key Details
- Virtual Galaxy Infotech IPO Opening Date: May 9, 2025,
- Virtual Galaxy Infotech IPO Closing Date: May 14, 2025.
- Allotment Date: May 15, 2025
- Price Band: ₹135 to ₹142 per share
- Lot Size: 1000 shares
- Refunds Initiated: Mar 16, 2025
- Shares Credited to Demat: May 16, 2025
- Listing Date: May 19, 2025
Virtual Galaxy Infotech Ltd: Financial Overview
Virtual Galaxy Infotech Limited saw a breathtaking rise of 2197% jump in its profit during FY24, while the revenue for the period just grew by 6.4%.
Here are the details of the financials of the firm
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 116.93 | 84.36 | 32.57 | 38.60834519 |
| Revenue | 63.58 | 59.76 | 3.82 | 6.392235609 |
| Profit After Tax | 16.54 | 0.72 | 15.82 | 2197.222222 |
| Net Worth | 41.4 | 20.4 | 21 | 102.9411765 |
| Reserve & Surplus | 30.4 | 9.4 | 21 | 223.4042553 |
| Total Borrowing | 38.64 | 38.85 | -0.21 | -0.54054054 |
Virtual Galaxy Infotech Ltd IPO | FAQs
Virtual Galaxy Infotech Ltd is engaged in the development and supply of IT services and consulting.
The bidding date for the Virtual Galaxy Infotech IPO is May 9, 2025, and it will continue until May 14, 2025.
The minimum IPO lot size for Virtual Galaxy Infotech is 1000 shares, and for HNIs, it is 2 lots.
The IPO allotment is expected to be finalized on Thursday, May 15, 2025.
The IPO face value is set at ₹10 per share.
The tentative IPO listing date of Virtual Galaxy Infotech has been fixed as Monday, May 19, 2025.
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