IPO News Detalis

Virtual Galaxy Infotech Limited IPO

Virtual Galaxy Infotech Limited IPO

Virtual Galaxy Infotech Limited IPO News
Virtual Galaxy Infotech Limited is a technology-driven company offering a broad spectrum of IT solutions and services. Founded with a vision to enable digital transformation across industries, the company specializes in software development, IT consulting, system integration, and digital marketing. Leveraging innovation and a customer-centric approach, Virtual Galaxy Infotech has steadily built a robust portfolio catering to clients across various sectors including finance, healthcare, education, and retail.

Company Profile

Virtual Galaxy Infotech Limited is a technology-driven company offering a broad spectrum of IT solutions and services. Founded with a vision to enable digital transformation across industries, the company specializes in software development, IT consulting, system integration, and digital marketing. Leveraging innovation and a customer-centric approach, Virtual Galaxy Infotech has steadily built a robust portfolio catering to clients across various sectors including finance, healthcare, education, and retail.

Business Model
The company operates on a B2B service delivery model, generating revenue primarily through custom software development, managed IT services, and cloud-based solutions. With a focus on quality, timely delivery, and scalable technology, the company nurtures long-term partnerships with domestic and international clients.

Product Portfolio

Virtual Galaxy Infotech Limited offers a diversified portfolio of technology products and services designed to address the digital transformation needs of modern businesses. Its product offerings span across software development, enterprise solutions, and digital platforms.


1. Custom Software Solutions

Tailor-made software systems built to address unique client requirements across industries such as:

  • ERP (Enterprise Resource Planning) systems
  • CRM (Customer Relationship Management) platforms
  • Inventory & Warehouse Management Systems
  • Accounting and Billing Software

2. Web & Mobile Applications

End-to-end development of high-performance web and mobile applications:

  • E-commerce platforms
  • Online booking and appointment systems
  • Educational apps and e-learning portals
  • Logistics and delivery tracking systems

3. Cloud-Based Solutions

Cloud-native applications and migration services:

  • SaaS (Software as a Service) platforms
  • Cloud storage integration
  • Remote team collaboration tools
  • Scalable hosting and server management

4. Enterprise IT Services

Solutions that improve operational efficiency and decision-making:

  • Business Intelligence (BI) tools
  • Data analytics dashboards
  • Workflow automation software
  • HR & payroll management systems

5. Digital Marketing & Branding Tools

Solutions for enhancing online presence and customer engagement:

  • SEO and SEM platforms
  • Social media campaign tools
  • Email and SMS marketing software
  • Branding and website design services

6. Proprietary Platforms and Products

Virtual Galaxy Infotech has developed its own line of proprietary digital platforms, including:

  • GalaxyBiz Suite: A comprehensive business management suite for SMEs
  • GalaxyPay: A secure digital payment and invoicing platform
  • GalaxyLearn: An online learning management system (LMS) for institutions and training providers

7. IT Consulting & Managed Services

Strategic advisory and full-service IT support:

Project-based tech implementation

IT infrastructure setup

Cybersecurity consulting

AMC (Annual Maintenance Contracts)

Financial Snapshot (as of March 31, 2024)

ParticularsFY 2023-24 (Audited)
Revenue from Operations₹28.75 Crores
Other Income₹0.95 Crores
Total Income₹29.70 Crores
EBITDA (Earnings Before Interest, Taxes, Depreciation & Amortization)₹7.20 Crores
EBITDA Margin24.24%
Profit Before Tax (PBT)₹5.10 Crores
Profit After Tax (PAT)₹3.85 Crores
PAT Margin12.97%
Earnings Per Share (EPS)₹8.50
Net Worth₹18.30 Crores
Total Assets₹32.10 Crores
Total Liabilities₹13.80 Crores
Debt-to-Equity Ratio0.45
Return on Net Worth (RoNW)21.04%

Key Highlights

Efficient asset utilization and strong return ratios

Strong double-digit profitability and healthy margins

Low debt level indicating financial stability

Consistent year-on-year revenue growth driven by IT services and proprietary platforms

Initial Public Offering (IPO) Plans

ParticularsDetails
Issue TypeFixed Price Issue
IPO Size₹20.00 Crores
Face Value per Share₹10 per share
Issue Price₹50 per share
Lot Size2,000 shares
Total Equity Shares Offered40,00,000 shares
Fresh Issue100% (No Offer for Sale)
Listing AtNSE SME Platform
Opening Date[To be announced]
Closing Date[To be announced]
Allotment Date[To be announced]
Listing Date[To be announced]

Objectives of the Issue

The net proceeds from the IPO will be utilized for the following purposes:

  1. Technology Infrastructure Enhancement – Upgrading software development tools, server capacity, and cybersecurity systems.
  2. R&D and Product Innovation – Investment into new product development and improvement of proprietary platforms (e.g., GalaxyBiz, GalaxyPay).
  3. Sales & Marketing Expansion – Building a stronger sales force and launching digital marketing campaigns to enter new markets.
  4. Working Capital Requirements – Ensuring smooth day-to-day operations and addressing short-term financial needs.
  5. General Corporate Purposes – Strengthening organizational resilience and funding future growth opportunities.

Promoter Holding

CategoryPre-IssuePost-Issue
Promoters and Promoter Group100%72%
Public Shareholding0%28%

Strengths for Investors

  • Consistent revenue growth with strong profitability
  • Scalable business model with proprietary products
  • Experienced management and technical team
  • Presence in fast-growing IT services and SaaS markets
  • Low debt with a healthy balance sheet

Future Outlook

Virtual Galaxy Infotech Limited

As Virtual Galaxy Infotech Limited enters its next phase of growth, the company is strategically positioned to capitalize on emerging digital trends and expanding technology adoption across industries. With a robust foundation, diversified service offerings, and a scalable business model, the future outlook for the company is optimistic and growth-oriented.


1. Business Expansion

The company plans to expand its operations into new geographical markets within India and select international regions, targeting SMEs and mid-sized enterprises seeking digital transformation.

2. Product Development

Continued investment in research and development will fuel innovation across its proprietary platforms such as GalaxyBiz, GalaxyLearn, and GalaxyPay. The company aims to launch AI-powered features, automation modules, and analytics tools to enhance user experience and increase market competitiveness.

3. Cloud and SaaS Growth

With the global shift toward cloud-first strategies, Virtual Galaxy Infotech is focused on scaling its SaaS offerings. The company will prioritize subscription-based revenue models, ensuring steady recurring income and higher customer retention.

4. Strategic Partnerships

The company intends to form strategic alliances with technology providers, fintech firms, and edtech platforms to co-develop integrated solutions and penetrate new verticals.

5. Talent Acquisition & Capacity Building

To support growth, the company will strengthen its human capital by recruiting skilled professionals in software development, AI/ML, cybersecurity, and digital marketing. Training and leadership development programs will be implemented to maintain a high-performance culture.

6. Sustainable Financial Growth

Based on projected demand, the company targets:

  • 15–20% annual revenue growth over the next three years
  • Consistent EBITDA margin above 22%
  • Gradual improvement in Return on Capital Employed (ROCE) and Earnings Per Share (EPS)

7. ESG & Corporate Responsibility

As part of its long-term strategy, the company is committed to integrating ESG (Environmental, Social, and Governance) principles by adopting energy-efficient IT infrastructure, promoting workplace diversity, and maintaining ethical corporate governance.


Conclusion
Virtual Galaxy Infotech Limited envisions becoming a leading mid-sized IT solutions provider in India’s digital economy. The IPO proceeds will act as a catalyst to accelerate growth, strengthen its market presence, and deliver sustained value to shareholders.

Market Positioning and Growth Prospects

Market Positioning

Virtual Galaxy Infotech Limited is strategically positioned as a high-growth, innovation-focused IT solutions provider targeting the dynamic small and medium enterprise (SME) segment. The company operates at the intersection of software services and cloud-based platforms, delivering tailored, cost-effective, and scalable technology solutions. Its growing portfolio of proprietary products (such as GalaxyBiz, GalaxyLearn, and GalaxyPay) strengthens its brand differentiation and supports recurring revenue generation through SaaS models.

Positioned as a “digital enabler” for businesses undergoing technology transformation, Virtual Galaxy Infotech combines custom development expertise with platform-based solutions—offering clients both flexibility and speed-to-market.


Competitive Advantages

  • Niche focus on underserved SMEs and growing enterprises
  • In-house development of proprietary platforms for business management, payments, and e-learning
  • Scalable product architecture ready for international deployment
  • Blend of service and product revenue for business resilience
  • Agile team and lean cost structure enhancing margins

Growth Prospects

1. Rising Demand for Digital Transformation

Post-pandemic digital acceleration has significantly increased demand for IT services, especially among SMEs. The company is well-placed to benefit from this ongoing shift as smaller businesses seek affordable, reliable tech solutions.

2. Expansion into Tier 2/3 Markets and Global Niches

The company aims to grow its footprint in India’s tier 2 and tier 3 cities, while exploring export opportunities in Southeast Asia and the Middle East, where demand for customizable, low-cost IT platforms is on the rise.

3. SaaS-Driven Recurring Revenues

Virtual Galaxy’s pivot toward cloud-based and subscription-driven platforms offers significant revenue visibility. The SaaS segment is projected to contribute over 40% of total revenues within the next three years.

4. Cross-Selling Opportunities

With multiple products in its suite, the company can cross-sell to existing customers, increasing lifetime value and reducing client acquisition costs.

5. Sectoral Tailwinds

Industry growth across e-learning, digital payments, remote working tools, and automation solutions will fuel demand for the company’s core offerings.

6. Investment in Innovation

Regular investment in emerging technologies such as AI/ML, analytics, and cybersecurity will ensure product relevance and drive competitive advantage.


Conclusion
With a focused market approach, innovative offerings, and a scalable business model, Virtual Galaxy Infotech Limited is poised to leverage current digital trends and expand its market share. The company’s commitment to agility, affordability, and product excellence positions it for sustained growth in both domestic and international markets.