Virtual Galaxy Infotech Limited IPO GMP

Virtual Galaxy Infotech 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. 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.

Virtual Galaxy Infotech, an Book Built Issue Issue amounting to ₹ 93.29 Crores, consisting entirely an Fresh Issue of 65.70 Lakh Shares. The subscription period for the Virtual Galaxy Infotech IPO opens on May 09, 2025, and closes on May 14, 2025. The allotment is expected to be finalized on or about Thursday, May 15, 2025, and the shares will be listed on the NSE SME with a tentative listing date set on or about Monday, May 19, 2025.

The Share Price Band of Virtual Galaxy Infotech IPO is set at ₹ 135 to ₹ 142 per equity share. The Market Capitalisation of the Virtual Galaxy Infotech Limited at IPO price of ₹ 142 per equity share will be ₹ 353.13 Crores. The lot size of the IPO is 1,000 shares. Retail investors are required to invest a minimum of ₹ 1,42,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,000 shares), amounting to ₹ 2,84,000.

Smart Horizon Capital Advisors Private Limited is the book running lead manager of the Virtual Galaxy Infotech IPO, while Maashitla Securities Private Limited is the registrar for the issue. Alacrity Securities Limited is the Market Maker for Virtual Galaxy Infotech IPO.

Virtual Galaxy Infotech Limited IPO GMP Today
The Grey Market Premium of Virtual Galaxy Infotech Limited IPO is expected to be ₹ 21 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Virtual Galaxy Infotech Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:00 PM on 14 May, 2025, the Virtual Galaxy Infotech Limited IPO live subscription status shows that the IPO subscribed 215.08 times on its Final day of subscription period. Check the Virtual Galaxy Infotech IPO Live Subscription Status Today at NSE.

Virtual Galaxy Infotech IPO Anchor Investors Report
Virtual Galaxy Infotech has raised ₹ 26.12 Crores from Anchor Investors at a price of ₹ 142 per shares in consultation of the Book Running Lead Managers. The company allocated 18,40,000 equity shares to the Anchor Investors. Check Full List of Virtual Galaxy Infotech Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion

Virtual Galaxy Infotech Limited Day Wise IPO GMP Trend

Virtual Galaxy Infotech Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Virtual Galaxy Infotech IPO allotment date is 15 May, 2025, Thursday. Virtual Galaxy Infotech IPO Allotment will be out on 15th May, 2025 and will be live on Registrar Website from the allotment date. Check Virtual Galaxy Infotech IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Virtual Galaxy Infotech Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Virtual Galaxy Infotech Limited IPO
Virtual Galaxy Infotech proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 3,426.83 Lakh is required for Capital expenditure towards setting up additional development facility in Nagpur, Maharashtra;
2. ₹ 300.0 Lakh is required for Repayment/ prepayment of certain borrowings availed by the Company;
3. ₹ 505.00 Lakh is required for Investment in procuring GPU, server & storage system at Data Centre;
4. ₹ 1,890.00 Lakh is required for Funding of expenditure related to enhancement, maintenance and upgrading existing products through manpower hiring;
5. ₹ 1,406.00 Lakh is required for Funding for business development and marketing activities and
6. General corporate purpose

Refer to Virtual Galaxy Infotech Limited RHP for more details about the Company.