Virtual Galaxy Infotech Limited IPO Date, Price, Review and Details
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Virtual Galaxy Infotech Limited IPO
Virtual Galaxy
Infotech Limited IPO was engaged in their Company. This SaaS product-focused company provides core banking software solutions, IT solutions, ERP implementation and customized software solutions development, and IT services for
the BFSI, ERP, and E-Governance domains. They are primarily involved in the
development, customization, installation, and implementation of software
applications, along with comprehensive post-implementation support, monitoring,
and maintenance services for the delivered solutions
Company Promoters:
- Avinash Narayanrao Shende
- Sachin Purushottam Pande
Objects of this Issue:
- Capital expenditure towards setting up the additional development facility in Nagpur, Maharashtra.
- Repayment/ prepayment of certain borrowings availed by their Company.
- Investment in procuring a GPU, server, and storage system at Data Centre.
- Funding of expenditure related to the enhancement, maintenance & upgrading existing products through manpower hiring.
- Funding for the business development and marketing activities.
- General corporate purpose
Financial Information of the Company:
|
|
Amount in Million (Rs.) |
||
|
As on 31 Mar 2024 |
As on 31 Mar 2023 |
As on 31 Mar 2022 |
|
|
Total Assets |
11,587.90 |
8,715.64 |
6,929.48 |
|
Total Liabilities |
7,494.05 |
6,251.99 |
4,645.36 |
|
Net Profit |
1,630.19 |
179.53 |
126.39 |
Virtual Galaxy Infotech Limited IPO Schedule
1. Bid
or Offer Opens on: 09 May 2025
2. Bid or Offer Closes on: 14 May 2025
3. Tentative Allotment: 15 May 2025
4. Initiation of Refunds: 16 May 2025
5. Credit of share to Demat account: 16 May 2025
6. Listing Date: 19 May 2025
Virtual Galaxy Infotech Limited IPO Lot Size
The market lot size
of Virtual Galaxy Infotech Limited IPO is 2000 shares. The
minimum and maximum order quantities is as follows:
|
Application |
Lots |
Shares |
Amount |
|
Minimum |
1 |
1000 |
₹1,42,000 |
|
Maximum |
1 |
1000 |
₹1,42,000 |
|
S-HNI(Minimum) |
2 |
2,000 |
₹2,84,000 |
Company Contact Details:
Virtual Galaxy Infotech Limited IPO
3, Central Excise Colony, Behind Mahatma Eye Bank,
Chhatrapati Square,
Ring Road, Nagpur, Maharashtra, India, 440015
Tel No: +91 9226531342
Email Id: investors@vgipl.in
Website - www.vgipl.com
451, Krishna Apra Business Square,
Netaji
Subhash Place, Pitampura,
Delhi-110034,
India
Tel: 011-4045 0193-9
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