Virtual Galaxy IPO description – Virtual Galaxy Infotech is a SaaS-focused company specializing in core banking software solutions, IT services, ERP implementation, and customized software development. Serving the BFSI, ERP, and E-Governance sectors, the company offers end-to-end solutions that include software development, customization, installation, and implementation. Additionally, Virtual Galaxy Infotech provides comprehensive post-implementation support, including monitoring and maintenance, to ensure the ongoing success and reliability of its delivered solutions.
Virtual Galaxy Infotech provides a comprehensive suite of allied services to meet all software needs under one roof. Its broad range of offerings includes consulting, system architecture, solution design, implementation, ongoing monitoring, and fully managed services—ensuring seamless end-to-end support for every project.
Virtual Galaxy Infotech currently serves clients across multiple states in India, including Maharashtra, Goa, Mizoram, Uttar Pradesh, Telangana, Rajasthan, Manipur, Madhya Pradesh, Himachal Pradesh, and Delhi. The company has also extended its footprint into international markets, with a growing presence in countries such as Tanzania and Malawi.
Promoters of Virtual Galaxy Infotech – Avinash Narayanrao Shende, and Sachin Purushottam Pande
Table of Contents
Virtual Galaxy Offer Details
| Virtual Galaxy IPO Dates | 9 – 14 May 2025 |
| Virtual Galaxy Issue Price | INR 135 – 142 per share |
| Fresh issue | 65,70,000 shares (INR 88.70 – 93.29 crore) |
| Offer For Sale | Nil |
| Total IPO size | 65,70,000 shares (INR 88.70 – 93.29 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 1,42,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Virtual Galaxy Financial Performance
| FY 2022 | FY 2023 | FY 2024 | 9M FY 2025 | |
| Revenue | 42.62 | 58.48 | 61.46 | 101.25 |
| Expenses | 39.70 | 53.77 | 38.93 | 62.65 |
| Net income | 1.26 | 1.80 | 16.30 | 27.42 |
Virtual Galaxy Offer News
- Virtual Galaxy RHP
- Virtual Galaxy Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Virtual Galaxy Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.24 | 0.43 | 10.02 |
| PE ratio | – | – | 13.47 – 14.17 |
| RONW (%) | 2.00 | 3.52 | 39.95 |
| NAV | 12.21 | 12.36 | 25.09 |
| ROCE (%) | 7.71 | 9.95 | 31.68 |
| EBITDA (%) | 21.14 | 19.99 | 49.38 |
| Debt/Equity | 1.77 | 1.90 | 0.93 |
Virtual Galaxy IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 17 May 2025 | 95 | – | 78,500 |
| 16 May 2025 | 95 | – | 78,500 |
| 15 May 2025 | 95 | – | 75,000 |
| 14 May 2025 | 78 | – | 60,000 |
| 13 May 2025 | 45 | – | 42,000 |
| 12 May 2025 | 40 | – | 38,000 |
| 10 May 2025 | 19 | – | 18,500 |
| 9 May 2025 | 15 | – | 14,500 |
| 8 May 2025 | 12 | – | 10,000 |
| 7 May 2025 | 10 | – | 8,500 |
| 6 May 2025 | 10 | – | 8,500 |
Virtual Galaxy IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 12,44,000 | 9,50,000 | 22,00,000 | 43,94,000 |
| 14 May 2025 | 129.72 | 590.62 | 134.01 | 231.52 |
| 13 May 2025 | 3.40 | 37.70 | 30.69 | 24.48 |
| 12 May 2025 | 1.67 | 5.29 | 5.75 | 4.49 |
| 9 May 2025 | 1.67 | 0.39 | 0.25 | 0.68 |
The market maker reservation portion of 3,36,000 shares and anchor investor portion of 18,40,000 shares are not included in the above calculations.
Virtual Galaxy IPO Allotment Status
Virtual Galaxy IPO allotment status is now available on Maashitla Service’s website. Click on Maashitla IPO weblink to get allotment status.
Virtual Galaxy IPO Dates & Listing Performance
| IPO Opening Date | 9 May 2025 |
| IPO Closing Date | 14 May 2025 |
| Finalization of Basis of Allotment | 15 May 2025 |
| Initiation of refunds | 16 May 2025 |
| Transfer of shares to demat accounts | 16 May 2025 |
| IPO Listing Date | 19 May 2025 |
| Opening Price on NSE SME | INR 180 per share (up 26.76%) |
| Closing Price on NSE SME | INR 189 per share (up 33.10%) |
Virtual Galaxy Offer Lead Manager
SMART HORIZON CAPITAL ADVISORS PRIVATE LIMITED
B/908, Western Edge II, Kanakia Space, Behind Metro Mall,
off Western Express Highway, Magathane, Borivali East,
Mumbai – 400066, Maharashtra, India
Phone: 022-2870682
Email: [email protected]
Website: www.shcapl.com
Virtual Galaxy Offer Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square, Netaji Subhash
Place, Pitampura, Delhi – 110034, India
Telephone: +91-11 4758 1432
Email: [email protected]
Website: [email protected]
Virtual Galaxy Contact Details
VIRTUAL GALAXY INFOTECH LIMITED
3, Central Excise Colony, Behind Mahatme Eye Bank,
Chhatrapati Sq., Ring Road, Nagpur, Maharashtra, 440015
Phone: +91 9226531342
E-mail: [email protected]
Website: www.vgipl.in
IPO FAQs
What is the Virtual Galaxy offer size?
Virtual Galaxy offer size is INR 88.70 – 93.29 crores.
What is the Virtual Galaxy offer price band?
Virtual Galaxy public offer price is INR 135 – 142 per share.
What is the lot size of the Virtual Galaxy IPO?
Virtual Galaxy offer lot size is 1,000 shares.
What is Virtual Galaxy IPO GMP today?
Virtual Galaxy IPO GMP today is INR 95 per share.
What is the Virtual Galaxy kostak rate today?
Virtual Galaxy kostak rate today is INR NA per application.
What is Virtual Galaxy IPO Subject to Sauda rate today?
Virtual Galaxy Subject to Sauda rate today is INR 78,500 per application.