Listed Price₹180.00
Listing Gain+26.76%
Price Band₹135 - ₹142
Lot Size1,000 shares
Min Bid₹1,42,000
Subscription215.08x
Listed Market Snapshot
₹180.00Listed price from market data
+26.76%listing gain
Issue Amount
₹93.29 Cr
Listed Price
₹180.00
Current Price
₹158.7
Registrar
Maashitla Securities Private Limited
Timeline•Book Built Issue IPO
Open09 May 2025
Close14 May 2025
Allotment15 May 2025
Listing19 May 2025
Quota Reservation Portions
RetailPortion: 22,00,000 shares
33.49%Nii(hni)Portion: 9,50,000 shares
14.46%QIBPortion: 12,44,000 shares
18.93%Minimum Application Bracket Matrix
Retail1 lots / 1,000 shares
₹1,42,000HNI2 lots / 2,000 shares
₹2,84,000About the Company
Virtual Galaxy Infotech Limited (VGIL), incorporated in 1997 and based in Nagpur, Maharashtra, is an IT services and consulting company offering technology products across Banking & Finance, ERP, e-Government, Cloud, Big Data, IoT and System Integration. Its flagship product “e-banker” is a core banking solution used by commercial banks, cooperative banks, NBFCs and SACCOs. The company serves more than 5,000 bank branches and also works with manufacturing, sugar, seeds, fertilizers, textiles and education industries. VGIL operates in over 15 states in India and also in Tanzania and Malawi. With 329 employees and multiple ISO certifications, the company focuses on automation, compliance and digital transformation.
Company Promoters
Avinash Narayanrao ShendeSachin Purushottam Pande
Lead Managers
Registrar
Maashitla Securities Private Limited