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Clear AllQuality Score
0/0
Growth Score
0/0
Valuation Score
0/0
Bidding Date
09-May-2025 to
14-May-2025
Issue Size
₹93.29 Cr
Price Band
₹135 to ₹142
Allotment date
15-May-2025
Listing date
19-May-2025
Lot size
1000
No. of shares
65,70,000
Fresh issue/OFS
₹93.29 Cr /--
Founded in 1997 in Nagpur, Virtual Galaxy Infotech Limited is a software solutions company with over 26 years of operational experience. The company specializes in developing, customizing, and implementing core banking software, ERP systems, and e-governance solutions, with a strong presence in the BFSI sector, government organizations, and various industries such as textiles, education, and agriculture. Virtual Galaxy’s business is predominantly driven by its core banking platform E-Banker, which contributed over 81% of revenue in the nine-month period ended December 31, 2024, with additional offerings including ERP (IBS-ERP), e-governance software (e-APMC), digital payment solutions (V-Pay), IT infrastructure services (V-SOC), and niche applications like E-Autopsy, VGST, and Loan Origination Systems, primarily serving non-government clients across India and select international markets.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
165.5x
The issue size of Virtual Galaxy Infotech is ₹93.29 Cr.
Virtual Galaxy Infotech falls into Software & IT Services industry.
The Virtual Galaxy Infotech IPO will be listed on BSE.
The open and close dates for the Virtual Galaxy Infotech are 09-May-2025 & 14-May-2025.
The price band for the Virtual Galaxy Infotech ipo is ₹135 to ₹142
The listing date of Virtual Galaxy Infotech IPO is 19-May-2025.
The purpose of this IPO is to raise fresh capital.
Virtual Galaxy Infotech total subscription ratio is 165.5X.
Key financial of the Virtual Galaxy Infotech are:
| Virtual Galaxy Infotech | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 63.5 | 59.68 | 43.32 |
| EBIT (₹ Cr) | 25.36 | 6.08 | 4.76 |
| Proft after Tax (₹ Cr) | 16.64 | 0.26 | 0.03 |
| Debt (₹ Cr) | 38.64 | 38.85 | 35.56 |
| Net Worth (₹ Cr) | 41.83 | 20.4 | 20.14 |
| RoE (%) | 39.78 | 1.26 | 0.16 |