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ipo  IPO Forthcoming IPO's Open / Current IPO's Closed IPO's New Issue Monitor New Listing Basis of Allotment Draft Prospectus Best Performers IPO News Know IPO's / FAQ's Equities | Mutual Funds | Commodities | Derivatives | IPO | Insurance Products & Services    >   IPO   >   Synopsis Details Virtual Galaxy Infotech Ltd Registered Office:    3 Central Excise Colony ,   Behind Mahatme Eye Bank ,   Nagpur - 440015 ,   Maharashtra , India.   Phone: +91 92265 31342   Fax: 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 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. Price Band: Rs. 142 per equity share of the face value of Rs. 10 each. The cap price is 14.2 times of the face value of the equity shares. 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 Application Allotment 09-May-25 14-May-25 Rs 142.00-0.00 Rs 0.00-0.00 Minimum Application for shares in Nos : 1000   Further Multiples of : 1000 Virtual Galaxy Infotech Ltd   Rs Cr Lead Managers to the Issue Project Cost 0.00 Smart Horizon Capital Advisors Pvt Ltd Project Financed through Current Offer 93.29   Post Issue Equity Share Capital 24.87   Issue Price Rs. 142.00   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 Funding for business development and marketing activites and General corporate purposes Promoted By Avinash Narayanrao Shende Sachin Purushottam Pande Shilpa Avinash Shende Listing At NSE - SME Registrar to the Issue                SEBI Common Reg. No. INZ000206338          MAPIN NO:10014845        CDSL : IN-DP-CDSL-291-2005 MERCHANT BANKING REGISTRATION NO : NM000011575 Terms of the Site   I   Privacy Policy   I  Disclaimer   I  Broker Norms   I  Attention and Advisory for Investors   I  Investor Relations   I  Investor Charter   I  Site Map   I  Payment Gateway   I  Circular   I  Upfront Margin   I  Pricing   I  Investor Complaints   I  Depository Participant   I  Investor Complaints for DP   I  CDSL E-Voting   I  Maintenance of Website   I   Details of authorized persons   I   SMART ODR   I   Bank Details   I   View Client Collateral Details   I   Online KYC Closure INTERNAL CONTROL POLICY  I  AML POLICY  I  RMS POLICY  I  POLICIES & PROCEDURES  I  CLIENT ACCEPTANCE POLICY   I   CLIENT REGISTRATION FORM KYC Form Mandatory Document   I   DOCUMENTS IN VERNACULAR LANGUAGES BSE  I  NSE  I  CDSL  I  SEBI  I  MCX  I  NCDEX © 2010 SHARE MART. All rights reserved Designed, Developed and Content provided by CMOTS Infotech ( ISO 9001:2015 certified )