Virtual Galaxy Infotech Limited
ListedSMETechnology / IT · NSE
Virtual Galaxy Infotech Limited (VGIL), incorporated in 1997 and based in Nagpur, Maharashtra, is an IT services and consulting company offering technology products across Banking & Finance, ERP, e-Government, Cloud, Big Data, IoT and System Integration. Its flagship product “e-banker” is a core banking solution used by commercial banks, cooperative banks, NBFCs and SACCOs. The company serves more than 5,000 bank branches and also works with manufacturing, sugar, seeds, fertilizers, textiles and education industries. VGIL operates in over 15 states in India and also in Tanzania and Malawi. With 329 employees and multiple ISO certifications, the company focuses on automation, compliance and digital transformation.
Price Band
₹135 – ₹142
Issue Size
₹93.29 Cr
Lot Size
1000 shares
GMP
₹110
+77.5%
Est. Listing
₹252
at current GMP
Subscribed
215.08x
overall
Open
9 May 2025
Close
14 May 2025
Allotment
15 May 2025
Refund
16 May 2025
Demat Credit
17 May 2025
Listing
19 May 2025
Last updated 12 days ago
Key Highlights
- •Leading player in the Technology / IT segment
- •Price band established at ₹135 - ₹142 per equity share
- •Minimum bid lot is 1000 shares
- •Estimated listing target of ₹252 based on current grey market activity