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Virtual Galaxy Infotech Ltd.

IPO Details
  • Issue Type Book building
  • Price range Rs.135-142
  • Market Lot 1000
  • Total Equity Shares 6570000
  • Face Value Rs. 10
  • Listing Date
IPO Timeline
Opening date May 09, 2025
Closing date May 14, 2025
Listing Date

IPO Details

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-Governancedomains. We are primarily involved in the development, customization, installation, and implementation of softwareapplications, along with comprehensive post-implementation support, monitoring, and maintenance services for thedelivered solutions. To provide a seamless experience to our clients, we offer a range of essential allied services, ensuringthat all software needs are met under one roof. Our wide range of offerings covers services including consultation,architecture, solution design, implementation, monitoring and managed services.

Projects

1. Project Name: Capital expenditure towards setting up additional development facility in Nagpur, Maharashtra

Project Cost: 342.683

2. Project Name: Repayment/ prepayment of certain borrowings availed by our Company

Project Cost: 30

3. Project Name: Investment in procuring GPU, server & storage system at Data Centre

Project Cost: 50.5

4. Project Name: Funding of expenditure related to enhancement, maintenance and upgrading existing products

Project Cost: 189

5. Project Name: Funding for business development and marketing activities and

Project Cost: 140.6

Promoters

Prmoters Name

1. Avinash Narayanrao Shende

2. Sachin Purushottam Pande

Prmoters Holdings
  • Pre Share Capital: 16094204
  • Pre Promoter Holding: 87.95
  • Offer to Public: 6570000
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Data not availble

Lead Managers

  • Smart Horizon Capital Advisors Pvt Ltd.

Subscription Details