31 Mar 2022
Assets67.80
Total Income43.44
Profit After Tax0.40
NET Worth20.14
Reserves and Surplus9.14
Total Borrowing35.56
At a glance
Updated 2026-09-12The shares listed at ₹180.00, a 26.76% move from the issue price. Virtual Galaxy Infotech is a SME IPO with an issue size of ₹93.29 crore, proposed for listing on NSE SME. The offer opens on 9th May 2025 and closes on 14th May 2025. The issue structure includes a fresh issue of ₹88.52 crore. The current listing schedule points to 19th May 2025.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹93.29 Cr
Fresh issue₹88.52 Cr
Face value₹10
Price band₹135.00–₹142.00
Allotment15th May 2025
Listing19th May 2025
Listing performance
Full performance ↗Issue price₹142.00
Listing price₹180.00
Current price—
Listing gain26.76%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹110.00
GMP / upper price77.46%
Est. listing₹252.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens9th May 2025
Closes14th May 2025
Allotment15th May 2025
Refund16th May 2025
Demat16th May 2025
Listing19th May 2025
Subscription demand
Full bidding ↗Total231.45×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1000 | ₹142,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Capital expenditure towards setting up additional development facility in Nagpur, Maharashtra | ₹34.27 Cr |
| Repayment/prepayment of certain borrowings availed by the Company | ₹3.00 Cr |
| Investment in procuring GPU, server & storage system at Data Centre | ₹5.05 Cr |
| Funding of expenditure related to enhancement, maintenance and upgrading existing products through manpower hiring | ₹18.90 Cr |
| Funding for business development and marketing activities | ₹14.06 Cr |
| General Corporate Purposes | ₹6.06 Cr |
| Issue Expenses | ₹11.96 Cr |
| Total | ₹93.29 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue63.58₹ Cr · +6.4% vs prior year
PAT16.54₹ Cr · +2,197.2% vs prior year
Assets116.93₹ Cr · +38.6% vs prior year
Net Worth41.40₹ Cr · +102.9% vs prior year
Borrowing38.64₹ Cr · -0.5% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets84.36
Total Income59.76
Profit After Tax0.72
NET Worth20.40
Reserves and Surplus9.40
Total Borrowing38.85
31 Mar 2024
Assets116.93
Total Income63.58
Profit After Tax16.54
NET Worth41.40
Reserves and Surplus30.40
Total Borrowing38.64
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 53.52% |
| ROCE | 31.68% |
| Debt / Equity | 0.93% |
| RoNW | 39.95% |
| PAT Margin | 26.04% |
| Price to Book Value | 5.66 |
Valuation & shareholding
Pre-IPO EPS9.04
Post-IPO EPS6.65
Pre-IPO P/E15.71
Post-IPO P/E21.35
Promoter holding pre87.95%
Promoter holding post64.72%
Market cap₹353.13 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Virtual Galaxy Infotech IPO | — | 21.35 x | — | — |
| ENS Enterprises IPO | — | 14.89 x | — | — |
| Mobilise App IPO | — | 14.25 x | — | — |
| Methodhub Software IPO | — | 17.67 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Capital expenditure towards setting up additional development facility in Nagpur, Maharashtra | ₹34.27 Cr |
| Repayment/prepayment of certain borrowings availed by the Company | ₹3.00 Cr |
| Investment in procuring GPU, server & storage system at Data Centre | ₹5.05 Cr |
| Funding of expenditure related to enhancement, maintenance and upgrading existing products through manpower hiring | ₹18.90 Cr |
| Funding for business development and marketing activities | ₹14.06 Cr |
| General Corporate Purposes | ₹6.06 Cr |
| Issue Expenses | ₹11.96 Cr |
| Total | ₹93.29 Cr |
Registrar & lead managers
Registrar
Maashitla Securities Pvt.Ltd.Lead managers
- Smart Horizon Capital Advisors...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-12.
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