Our Company is a SaaS product focused company engaged in providing Core Banking Software Solution, IT Solutions, ERP Implementation and Customized Software Solutions Development, IT services for the BFSI, ERP, and E-Governance domains. We are primarily involved in the development, customization, ... Read more

Parent organisation

Founded

Virtual Galaxy Infotech Ltd.

1997

Virtual Galaxy Infotech Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	18,40,000 (28.01%)
Market Makers	3,36,000 (5.11%)
Non Institutional Investors	9,50,000 (14.46%)
Qualified Institutional Buyers (QIBs)	12,44,000 (18.93%)
Retail Individual Investors (RIIs)	22,00,000 (33.49%)

Virtual Galaxy Infotech Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2025	120.43 Cr	32.12 Cr	74.89 Cr
31 Mar 2024	61.52 Cr	16.30 Cr	29.94 Cr
31 Mar 2023	58.56 Cr	1.80 Cr	13.64 Cr

Virtual Galaxy Infotech Ltd. Background

Our Company was originally incorporated as “Virtual Galaxy Infotech Private Limited” as a private limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated September 12, 1997 issued by the Registrar of Companies, Mumbai, ...

Major Events And Milestones

1997

Incorporation of our company under the name “Virtual Galaxy Infotech Private Limited”
2004

Link Manager Software implemented in Punjab National Bank
2007

Agency Module Developed and implemented in Link Cell branch of Punjab National Bank
2008

Received work order for supply of banking application to one of urban co-operative bank and its 20 branches
2011

Built Company owned Data Centre
Launched IBS (Integrated Business Suite) an ERP product for various industries like textile, sugar, steel, solvex etc.
2012

Go live for CBS order for a Cooperative Apex Bank a State Co-op. Bank
Received CBS order from District Central Cooperative Bank with 218 branches.
2014

Establishing and operating the computerised auction System (CAS) for the Agricultural commodities at the Agricultural Produce market Committees (APMC) & provide user training in five APMCs under Maharashtra Agricultural Competitiveness Project (MACP).
Received LOI for work related to supply, installation, testing, & commissioning of Non- IT Infrastructurend providing service for establishment of Data Center at Maharashtra State Agricultural Marketing Board, Pune
2016

Lunched IBS- ERP software (Currently known e-Autopsy software) for forensic department of Government Medical College
First International CBS project with Commercial Bank in Tanzania
2018

Received work order for core banking solution projects on capex/opex from one of district central Co-Op bank
2019

Received work order for supply, installation, configuration, system integration, commissioning and maintenance of Data Centre- Disaster recovery site, hardware and CBC with allied applications and related underlying hardware as “System integrator” from one of District Central Co-operative Bank
2020

Received work order for supply, installation, migration, implementation and management of core banking solution projects from one of district central co-operative bank
2023

Touches revenues of ₹50 Crores
2024

Converted to Public Limited Company and Name changed to “Virtual Galaxy Infotech Limited”

Virtual Galaxy Infotech Ltd. Object of Issues

1.Capital expenditure towards setting up additional development facility in Nagpur, Maharashtra
2.Repayment/ prepayment of certain borrowings availed by our Company
3.Investment in procuring GPU, server & storage system at Data Centre
4.Funding of expenditure related to enhancement, maintenance and upgrading existing products through manpower hiring
5.Funding for business development and marketing activities
6.General corporate purposes

Virtual Galaxy Infotech Ltd. IPO Listing Details

Listing Date

19 May 2025

NSE Symbol

VGIL

ISIN

INE0VRH01015

Final Issue Price

₹ 142

Virtual Galaxy Infotech Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	-	₹ 142.00
Open	-	₹ 180.00
Low	-	₹ 180.00
High	-	₹ 189.00
Last Trade	-	₹ 189.00

Virtual Galaxy Infotech Ltd. Company Promoters

1. Avinash Narayanrao Shende
2. Sachin Purushottam Pande

Industry Overview

The IT & BPM sector has become one of the most significant growth catalysts for the Indian economy, contributing significantly to the country’s GDP and public welfare. The IT industry accounted for 7.5% of India’s GDP in FY23, and it is expected to contribute 10% to India’s ... Read more

Virtual Galaxy Infotech Ltd. Contact Details

Address: 3, Central Excise Colony, Behind Mahatme Eye Bank, Chhatrapati SQ, Ring Road Nagpur Maharashtra - 440015
Phone no:9226531342

Email: [email protected]

9226531342

Visit Website

Virtual Galaxy Infotech Ltd. IPO Registrar

Maashitla Securities Pvt. Ltd.

451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura Delhi - 110034

45121795, 45121796

Virtual Galaxy Infotech Ltd. IPO Lead Manager(s)

Smart Horizon Capital Advisors Pvt. Ltd.

B/908, Western Edge II, Kanakia Space, Behind Metro Mall, Off Western Express Highway, Magathane, Borivali East, Mumbai Maharashtra - 400066

28706822

FAQs

When does Virtual Galaxy Infotech Ltd. IPO opens and closes?

Virtual Galaxy Infotech Ltd. IPO opens from 9th May to 14th May 2025.

What is the size of Virtual Galaxy Infotech Ltd. IPO?

The size of the Virtual Galaxy Infotech Ltd. IPO is ₹93.29 Cr.

What is the price range of Virtual Galaxy Infotech Ltd. IPO?

The price range of Virtual Galaxy Infotech Ltd. IPO is at ₹135 to ₹142 per share.

What is the minimum investment and lot size required for the Virtual Galaxy Infotech Ltd. IPO?

The minimum investment required is ₹1,42,000 and minimum lot size is 1000 shares.

When is Virtual Galaxy Infotech Ltd. IPO listing date?

The Virtual Galaxy Infotech Ltd. IPO will be listed on 19th May 2025.

What is the objective of Virtual Galaxy Infotech Ltd. IPO?

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