Listed
Virtual Galaxy Infotech Limited IPO
Virtual Galaxy Infotech Limited (VGIL), a Nagpur-based SaaS and enterprise software company, is launching its Initial Public Offering (IPO) on the NSE SME platform. The IPO opens on May 9, 2025, and closes on May 14, 2025, with the listing scheduled for May 19, 2025.
Min Investment
₹1,42,000
Lot Size
1000 Shares
Price Range
₹135.0 - 142.0
Issue Size (₹ Cr.)
₹93.29 Cr
IPO Type
NSE SME
Key Metrics
Face Value
₹ 10
GMP
₹ 110
Subscription
231.45x
EPS
₹ 6.65
P/E Ratio
21.35 x
RoNW
39.95%
ROE
53.52%
Debt to Equity (₹ Cr.)
0.93
Timeline
IPO Opened09/05/2025Friday
IPO Closed14/05/2025Wednesday
Allotted15/05/2025Thursday
Refunded16/05/2025Friday
Listed19/05/2025Monday
Strengths
- Experienced Management Team – Led by professionals with deep industry knowledge and strategic vision.
- Diverse Service Portfolio – Offers a range of IT and consulting services across various sectors, reducing dependency on a single segment.
- Consistent Revenue Growth – Demonstrates a strong financial track record with increasing revenues and profitability.
- Improving Capital Structure – Steadily reducing debt levels and strengthening financial stability, as seen in declining debt-to-equity ratios.
- Established Client Relationships – Maintains long-term partnerships with clients, ensuring repeat business and revenue visibility.
Weaknesses
- High Working Capital Needs – The business model requires substantial ongoing investment in working capital, which can strain liquidity.
- Client Concentration – A significant portion of revenue may come from a few major sectors or clients, increasing business risk.
- Limited Global Reach – The company’s presence is primarily regional, which may limit growth opportunities in larger international markets.
- Reliance on Key Management – The business heavily depends on its top leadership, and any unexpected changes could disrupt operations.
- Exposure to Technological Changes – Rapid advancements in technology may outpace the company’s ability to adapt, impacting competitiveness.
Virtual Galaxy Infotech Limited IPO - GMP Trend
| GMP Date | Ipo Price | GMP | Estimate Listing Price | |
|---|---|---|---|---|
| 19/05/2025 | ₹ 142.00 | ₹ 110 | ₹ 180-190 | Listed |
| 18/05/2025 | ₹ 142.00 | ₹ 100 | ₹ 245-255 | |
| 17/05/2025 | ₹ 142.00 | ₹ 100 | ₹ 240-245 | |
| 16/05/2025 | ₹ 142.00 | ₹ 84 | ₹ 225-230 | |
| 15/05/2025 | ₹ 142.00 | ₹ 83 | ₹ 225-230 | Allotment |
| 14/05/2025 | ₹ 142.00 | ₹ 87 | ₹ 225-230 | IPO Closed |
| 13/05/2025 | ₹ 142.00 | ₹ 80 | ₹ 220-225 | |
| 12/05/2025 | ₹ 142.00 | ₹ 80 | ₹ 220-225 | |
| 11/05/2025 | ₹ 142.00 | ₹ 17 | ₹ 159 | |
| 10/05/2025 | ₹ 142.00 | ₹ 12 | ₹ 159 | |
| 09/05/2025 | ₹ 142.00 | ₹ 9 | ₹ 151 | Live |
| 08/05/2025 | ₹ 142.00 | ₹ 13 | ₹ 155 | |
| 07/05/2025 | ₹ 142.00 | ₹ 20 | ₹ 162 | |
| 06/05/2025 | ₹ 142.00 | ₹ 0 | ₹ 0 | |
| 05/05/2025 | ₹ 142.00 | ₹ 0 | ₹ 0 |
Financials
| Period Ended | 31-12-2024 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|
| Assets (In Cr) | 146.03 | 116.93 | 84.36 | 67.80 |
| Revenue (In Cr) | 101.37 | 63.58 | 59.76 | 43.44 |
| Profit After Tax(In Cr) | 27.42 | 16.54 | 0.72 | 0.40 |
| Net Worth (In Cr) | 85.86 | 41.40 | 20.40 | 20.14 |
| Reserves and Surplus (In Cr) | 67.56 | 30.40 | 9.40 | 9.14 |
| Total Borrowing (In Cr) | 33.13 | 38.64 | 38.85 | 35.56 |
Subscription Details
IPO Bidding Live Updates from NSE SME
| Day | # of Share Offered | Number of Lots Offered | 12-05-2025 | 13-05-2025 | 14-05-2025 |
|---|---|---|---|---|---|
| QIB | 12,44,000 | 1244 | 1.67x | 3.40x | 129.72x |
| NII | 9,50,000 | 950 | 4.97x | 37.61x | 590.27x |
| RII | 22,00,000 | 2200 | 5.94x | 31.34x | 134.03x |
| Total | 43,94,000 | 4394 | 4.52x | 24.79x | 231.45x |
IPO Bidding Live Number of Shares by Category
| Category | Number of Shares offered | Number of Shares Bid | Bid Amount(Rs Cr) | ||
|---|---|---|---|---|---|
| QIB | 12,44,000 | 16,13,67,000 | 2,291.41 | ||
| NII | 9,50,000 | 56,07,55,000 | 7,962.72 | ||
| RII | 22,00,000 | 29,48,67,000 | 4,187.11 | ||
| Total | 43,94,000 | 1,01,69,89,000 | 14,441.24 |
Company Details
- 3, Central Excise Colony, Behind Mahatme Eye Bank, Chhatrapati Sq., Ring Road
+91 9226531342
- investors@vgipl.in
- http://www.vgipl.com/
Registrar Details
- N/A
+91-11-45121795-96
- ipo@maashitla.com
- https://maashitla.com/allotment-status/public-issues
