Virtual Galaxy Infotech Ipo
Objects of the Issue
Capital expenditure towards setting up additional development facility in Nagpur, Maharashtra
Repayment/ prepayment of certain borrowings availed by the Company
Investment in procuring GPU, server & storage system at Data Centre;
Funding of expenditure related to enhancement, maintenance and upgrading existing products
Funding for business development and marketing activities and
General corporate purposes
Virtual Galaxy Infotech IPO Review
IPO Watch – May Apply
Canara Bank –
DRChoksey FinServ –
Emkay Global –
Hem Securities –
IDBI Capital –
Marwadi Shares –
Nirmal Bang –
SBICAP Securities –
Sharekhan –
SMC Global –
Sushil Finance –
Swastika Investmart –
Ventura Securities –
Geojit –
Reliance Securities –
Capital Market –
BP Wealth –
ICICIdirect –
Choice Broking –
IPO Lead Managers aka Merchant Bankers
Smart Horizon Capital Advisors Private Limited
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹1,42,000 |
| Retail Maximum | 1 | 1000 | ₹1,42,000 |
| S-HNI Minimum | 2 | 2000 | ₹2,84,000 |
| IPO Open Date: | May 9, 2025 |
| IPO Close Date: | May 14, 2025 |
| Basis of Allotment: | May 15, 2025 |
| Refunds: | May 16, 2025 |
| Credit to Demat Account: | May 16, 2025 |
| IPO Listing Date: | May 19, 2025 |
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹43.44 | ₹41.66 | ₹0.40 | ₹67.80 |
| 2023 | ₹59.76 | ₹56.54 | ₹0.72 | ₹84.36 |
| 2024 | ₹63.58 | ₹40.63 | ₹16.54 | ₹116.93 |
| December 2024 | ₹101.37 | ₹62.65 | ₹27.42 | ₹146.03 |
| KPI | Values |
| ROE: | 53.52% |
| ROCE: | 31.68% |
| EBITDA Margin: | 49.38% |
| PAT Margin: | 26.04% |
| Debt to equity ratio: | 0.93 |
| Earning Per Share (EPS): | ₹10.02 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 39.95% |
| Net Asset Value (NAV): | ₹25.09 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Veefin Solutions Limited | 2.74 | 198.07 | 6.95 | 52.70 | – Cr. |
| Network People Services Technologies Limited | 13.78 | 201.57 | 62.04 | 29.67 | – Cr. |
| Trust Fintech Limited | 7.13 | 25.53 | 52.70 | 25.71 | – Cr. |
| IPO Open Date: | May 9, 2025 |
| IPO Close Date: | May 14, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹135 to ₹142 Per Share |
| Issue Size: | Approx ₹93.29 Crores |
| Fresh Issue: | Approx ₹93.29 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |