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IPO Synopsis
Virtual Galaxy Infotech Ltd
Registered Office: 3 Central Excise Colony,Behind Mahatme Eye Bank, Nagpur - 440015, Maharashtra, India.
Phone : +91 92265 31342   Fax:
Email :  investors@vgipl.in  
Website :  www.vgipl.com
Initial public offer of upto 65,70,000 equity shares of face value of Rs. 10/- each (the "equity shares") of Virtual Galaxy Infotech Limited ("the company" or "Virtual Galaxy" or "VGIL" or "the issuer") for cash at a price of Rs. 142 per equity share including a share premium of Rs. 132 per equity share (the "issue price") aggregating to Rs. 93.29 crores ("the Issue"), of which upto 3,36,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 142 per equity share including a share premium of Rs. 132 per equity share aggregating to
Rs. 4.77 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of upto 62,34,000 equity shares of face value of Rs. 10/- each at a price of Rs. 142 per equity share including a share premium of Rs. 132 per equity share aggregating to Rs. 88.52 crores is herein after referred to as the "net issue". The issue and the net issue will constitute [*]% and [*]% respectively of the post issue paid up equity share capital of the company.

Price Band: Rs. 142 per equity share of the face value of Rs. 10 each.

The cap price is 14.2 times of the face value of the equity shares.

Bids can be made for a minimum of 1000 equity shares and in multiples of 1000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
09-May-25 14-May-25 142.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1000   Further Multiples of : 1000
  Rs Cr Lead Managers to the Issue
Project Cost 0.00 Smart Horizon Capital Advisors Pvt Ltd
Project Financed through Current Offer 93.29  
Post Issue Equity Share Capital 24.87  
Issue Price 142.00  
Projects
Capital expenditure towards setting up additional development facility in 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 activites and General corporate purposes
Promoted By
Avinash Narayanrao Shende
Sachin Purushottam Pande
Shilpa Avinash Shende
Listing At
NSE - SME
Registrar to the Issue
Maashitla Securities Pvt Ltd
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   Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
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