Virtual Galaxy Infotech Limited

Company Profile
Company Name Virtual Galaxy Infotech Limited
Open Date 09-05-2025
Close Date 14-05-2025
Exchange NSE SME
Lot Size 1,000 Shares
Issue Price ₹135 to ₹142 per share
Issue Size 65,70,000 shares
Application Amount ₹1,42,000
Recommendation Avoid
Virtual Galaxy Infotech Limited was originally incorporated on Sept 12, 1997. The registered office is located at Nagpur, Maharashtra. The company provides end-to-end software solutions and IT services, specializing in core banking, ERP, and e-governance for the BFSI and public sectors. The company generates majority of the revenue from sale of E-Banker. The company has 329 permanent employees as on May 03, 2025.
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Summary of Financials (All financials in Lakh)

KPIs Mar-22 Mar-23 Mar-24 Dec-24
Revenue 4,332.02 5,968.03 6,350.45 10,124.72
EBITDA 915.67 1,301.76 3,096.73 4,550.46
Net Profit 40.21 71.77 1,653.95 2,741.50
RoCE 9.21% 10.73% 33.39% 25.64%
ROE 2.00% 3.52% 39.95% 19.38%*
P/E 591.67 330.23 14.17 9.68*

Tentative Timeline

Opening Date 09-05-2025
Closing Date 14-05-2025
Basis of Allotment 15-05-2025
Initiation of Refunds 16-05-2025
Credit of Shares to Demat 16-05-2025
Listing Date 19-05-2025

Objects of the Issue

Capital expenditure towards setting up additional development facility in Nagpur, Maharashtra
Repayment/ prepayment of certain borrowings availed by our Company
Investment in procuring GPU, server & storage system at Data Centre
Funding of expenditure related to enhancement, maintenance and upgrading existing products through manpower hiring
Funding for business development and marketing activities
General Corporate Purposes

Contact Information

Registered Office Virtual Galaxy Infotech Limited 3, Central Excise Colony, Behind Mahatme Eye Bank, Chhatrapati Sq., Ring Road
Phone +91 9226531342
Email investors@vgipl.in
Website http://www.vgipl.com/

Registrar Details

Name Maashitla Securities Private Limited
Phone +91-11-45121795-96
Email ipo@maashitla.com
Website https://maashitla.com/allotment-status/public-issues

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 87.953%
Share Holding Post Issue (Promoters) 64.72%

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