Current IPO
Virtual Galaxy Infotech Ltd
Registered Office:
3 Central Excise Colony,Behind Mahatme Eye Bank,
Maharashtra ,
Nagpur,440015
Phone : +91 92265 31342
|
Fax : N/A
| 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 <br />
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.<br />
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Price Band: Rs. 142 per equity share of the face value of Rs. 10 each. <br />
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The cap price is 14.2 times of the face value of the equity shares. <br />
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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 | Allotment | Application |
| 09-May-25 | 14-May-25 | 0.0 - 0.0 | 142.0 - 0.0 |
Minimum Application for shares in Nos : 1000.00 Further Multiples of : 1000.00
| ( in Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 |
Smart Horizon Capital Advisors Pvt Ltd |
| Project Financed | 93.29 | |
| Post Issue | 24.87 | |
| Issue Price | 24.87 |
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
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Promoted By
Avinash Narayanrao Shende
Sachin Purushottam Pande
Shilpa Avinash Shende
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Listing At
NSE - SME
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Registrar to the Issue
Maashitla Securities Pvt Ltd