IPO Trending
VGINFOTECHSME / NSEListed
Virtual Galaxy Infotech

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.

DRHPANCHOR
₹135 - ₹142231.53x sub
Listed Price₹180.00
Listing Gain+26.76%

IPO Schedule & Timeline

Book Built Issue IPO
Open09 May 2025
Close14 May 2025
Allotment15 May 2025
Listing19 May 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail22,00,000 shares
33.49%
Nii(hni)9,50,000 shares
14.46%
QIB12,44,000 shares
18.93%

Minimum Application Lots

Retail1 Lot (1,000 shares)
₹1,42,000
HNI2 Lots (2,000 shares)
₹2,84,000

Company Promoters

Avinash Narayanrao ShendeSachin Purushottam Pande

Company Background

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, N...

Lead Managers & Bankers

Smart Horizon Capital Advisors Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-24)₹101.37 Cr
Growth+133.4%
Revenue Trend (₹ in Crores)
0.038.977.7116.6Mar-22Mar-23Mar-24Dec-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-24101.3727.42146.0333.13
Mar-2463.5816.54116.9338.64
Mar-2359.760.7284.3638.85
Mar-2243.440.4067.8035.56

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Dec-2415.1743.24%33.39%021.35
Mar-249.8853.52%31.68%15.710
Mar-231.093.54%9.95%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Maashitla Securities Private Limited

Allotment Finalized
Allotment Date
15 May 2025
Official Status
Out / Finalized
Registrar
Maashitla Securities Private Limited
Listing Date
19 May 2025

Official Allotment Verification Links

Official Registrar Portal
Maashitla Securities Private Limited

Direct allotment verification on the official registrar portal appointed for Virtual Galaxy Infotech. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization15 May 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date19 May 2025Trading commences on exchange

How to Check Virtual Galaxy Infotech Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Virtual Galaxy Infotech from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Virtual Galaxy Infotech IPO

Complete issue overview for Virtual Galaxy Infotech (VGINFOTECH) IPO. The issue features an equity share price band of ₹135 – ₹142 per share with a minimum retail lot size of 1000 Shares (minimum application amount of ₹1,42,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions