IPO
IPO
Best Performers
Forthcoming Issues
Closed Issues
New Listings
Current Issues
IPO Performance
IPO News
IPO Analysis
Basis of Allotment
Draft Prospectus
  HOME  >  IPO  >   IPO SNAPSHOT
IPO Snapshot    
Virtual Galaxy Infotech Ltd.
Issue Open Date 09-May-25  
Issue Closing Date 14-May-25  
Application Money 100  
Allotment Money  
Price Band 135 - 142  
Minimium Application No. 1000  
Issue Size (Shares) 4730000  
Market Lot 1.00  
Objective
1. Capital expenditure towards setting up additional development facility in Nagpur, Maharashtra;2. Repayment/ prepayment of certain borrowings availed by our Company;3. Investment in procuring GPU, server & storage system at Data Centre;4. Funding of expenditure related to enhancement, maintenance and upgrading existing products through manpower hiring;5. Funding for business development and marketing activities and6. General corporate purpose
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     561091000   NA  
Qualified Institutional Buyers     161367000   NA  
Retail Individual Investors     294867000   NA  
Business Description
Our Company is a SaaS product focused company engaged in providing core banking software solution, IT solutions,ERP implementation and customized software solutions development, IT services for the BFSI, ERP, and E-Governancedomains. We are primarily involved
more...
Promoter's Holding
Total Share Capital   16094204  
Offered to Public   4730000  
Promoter's Holding (Pre-Issue)   87.95  
Promoter's Holding (Post-Issue)   64.72  
Address
3
Central Excise Colony
Behind Mahatme Eye Bank
Chhatrapati Square
Ring Road
Nagpur ,
Maharashtra ,
440015
Phone: 9226531342
Email: investors@vgipl.in
Website: www.vgipl.com
Registrar
Maashitla Securities Pvt Ltd.
451
Krishna Apra Business
Square
Netaji Subhash Place

Pitampura
New Delhi
Listed at
NSE
Lead Manager
Smart Horizon Capital Advisors Pvt Ltd.
Promoters
Avinash Narayanrao Shende
Sachin Purushottam Pande
Back Back TopTop
Disclaimer | Privacy Policy | Grievance | FAQ | Sitemap | Client Registration | Useful Links| Anti Money Laundering | Inactive Client Policy | Scores
Vernacular Kyc | Advisory For Investors | Investor Adviser | Filing complaints on SCORES - Easy & quick | Policy on PMLA
Publishing of investor charter information | Annexure A – Investor charter of brokers |
Annexure A – Investor charter of DP | Annexure B –Linked content for information to charter for DP | Annexure B & C (investor complaint data) broker & DP
Investor Charter & Complaints | Advisory-KYC Compliance | E-Voting NSE | E-Voting BSE | Details of Client Bank Accounts | Risk Disclosure | NSE FO Risk disclosure
SEBI Regn. No.: INB010997431 (BSE), INB230997430 (NSE)
Copyright 2008 Javeri Fiscal Services Ltd.
Designed , Developed & Content Powered by Accord Fintech Pvt. Ltd.
CLOSE X

RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Source: Click Here.