Virtual Galaxy Infotech Ltd.
Industry:
IT - Software
Issue Details
Open Date
09 May 2025Close Date
14 May 2025Size (in Crs.)
67.166
Size (Shares)
-Listing On
NSE
Issue Terms
Price Range
-7Lot Size
1000
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
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
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 in the development, customization, installation, and implementation of softwareapplications, along with comprehensive post-implementation support, monitoring, and maintenance services for thedelivered solutions. To provide a seamless experience to our cli... Show More
Address
3, Central Excise Colony , Behind Mahatme Eye Bank , Chhatrapati Square, Ring Road
Nagpur
440015
Promoter Holding
Promoters:
Avinash Narayanrao Shende, Sachin Purushottam Pande
Total Share Capital
16094204
Offered to Public
4730000
% Promoter's Holding (Pre-Issue)
87.95
% Promoter's Holding (Post-Issue)
64.72
Shares on offer
Total Share Offer
16094204
Of above offred to public
4730000
Post Issue shares
NA
Post Issue Promoters
64.72
Lead Managers to the Issue:
Smart Horizon Capital Advisors Pvt Ltd.
Registrar Details
Registrar Name:
Maashitla Securities Pvt Ltd.
Address
451, Krishna Apra Business , Square, Netaji Subhash Place, , Pitampura , New Delhi
110034
Phone No.
-
-
Website
-
Fax
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