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Home/ Are You A Trader/  Market Info/  IPO/  IPO /  IPO Snapshot

Basis Of Allotment

Virtual Galaxy Infotech Ltd.
Issue Open Date 09-May-25  
Issue Closing Date 14-May-25  
Application Money 100  
Allotment Money  
Price Band (Rs.) 135 - 142  
Minimum Bid Quantity. 1000  
Issue Size (Shares) 4730000  
Market Lot 1  
Objective :

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 and6. General corporate purpose

Business Description

Our Company is a SaaS product focused company engaged in providing core banking software solution, IT solutions,ERP implementation and customized software solutions development, I...

Promoter's Holding
Total Share Capital   16094204  
Offered to Public   4730000  
Promoter's Holding (Pre-Issue)   87.95  
Promoter's Holding (Post-Issue)   64.72  
Address
3
Central Excise Colony
Behind Mahatme Eye Bank
Chhatrapati Square
Ring Road
Nagpur ,
Maharashtra ,
440015
Phone : 9226531342
Email : investors@vgipl.in
Website : www.vgipl.com
Registrar
Maashitla Securities Pvt Ltd.
451
Krishna Apra Business
Square
Netaji Subhash Place

Pitampura
New Delhi
Listed at
NSE
Lead Manager
Smart Horizon Capital Advisors Pvt Ltd.
Promoters
Avinash Narayanrao Shende
Sachin Purushottam Pande
Attention Investors KYC ASBA

Attention Investors

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Download Client Registration Documents

Download Client Registration Documents (Rights & Obligations, Risk Disclosure Document, Do's & Don't's) in Vernacular Language :
Assamese Bengali Gujarati Hindi Kanada
Kashmiri Konkani Malyalam Marathi Oriya
Punjabi Sindhi Tamil Telegu Urdu

NOTE : " This document is a translated version of the client registration documents in English and is being provided in vernacular language to facilitate better understanding by the investors. In case of any ambiguity, the contents of the English version would prevail. "