Virtual Galaxy Infotech IPO: Navigating the Next Big SME Opportunity IPO Details
| Detail | Description |
|---|---|
| IPO Date | May 9, 2025 to May 14, 2025 |
| Listing Date | - |
| Face Value | ₹ 10 per share |
| Issue Price Band | ₹ 135 to ₹ 142 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 65,70,000 shares (aggregating up to ₹ 93.29 Cr) |
| Fresh Issue | 65,70,000 shares (aggregating up to ₹ 93.29 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,82,98,635 shares |
| Share Holding Post Issue | 2,48,68,635 shares |
About Virtual Galaxy Infotech IPO: Navigating the Next Big SME Opportunity
Virtual Galaxy Infotech is set to launch its SME IPO on the NSE EMERGE exchange, offering investors a chance to ride the wave of India’s burgeoning fintech and SaaS space. The issue size stands at ₹93.29 Crores, with a price band of ₹135 to ₹142 per share, and opens on May 9, 2025, closing on May 14, 2025. Promoter holding post‑issue remains robust at 87.95%, underscoring strong insider confidence. With a reported revenue of ₹63.58 Crores and PAT of ₹16.54 Crores for FY 2024, the company has demonstrated impressive profitability growth.
Introduction
If you’re scouting for a play in the SME space that blends fintech, banking software, and ERP solutions, Virtual Galaxy Infotech’s IPO should be on your radar. The firm has carved out a niche delivering SaaS‑based core banking and customized software solutions to BFSI, ERP, and e‑governance clients. As digital transformation accelerates across India, this IPO could be a timely opportunity—especially given the company’s strong recent financials and seasoned promoter backing.
Objectives of the SME IPO
Build a new development centre in Nagpur (Capex: ₹34.27 Cr) to scale software development capacity and R&D
Repay / prepay existing loans (₹3.00 Cr) to strengthen the balance sheet and reduce interest costs
Upgrade data‑centre infrastructure (GPUs, servers, storage; ₹5.05 Cr) for enhanced SaaS performance and AI/ML capabilities
Enhance and maintain products (₹18.90 Cr) by funding software upgrades, new module development, and ongoing support
Drive business development & marketing (₹14.06 Cr) to expand into new Indian regions (e.g., Northeast) and international markets (Africa)
Meet general corporate needs (balance of proceeds) such as working capital, strategic partnerships, and unforeseen opportunities
Conclusion
Virtual Galaxy Infotech’s SME IPO presents a well‑rounded investment proposition: a long‑tenured SaaS‑fintech player with demonstrated profitability, high insider skin in the game, and targeted use of proceeds to fuel next‑stage growth. The combination of strong financial momentum, strategic expansion into cybersecurity and new geographies, and clear capital deployment paths underpins the company’s potential to deliver sustained value for investors.
Virtual Galaxy Infotech IPO: Navigating the Next Big SME Opportunity Financial Information
Latest Revenue
101.37
₹ Crore
Profit After Tax
27.42
₹ Crore
Net Worth
85.86
₹ Crore
Total Borrowing
33.13
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2024 | 146.03 | 101.37 | 27.42 | 85.86 | 33.13 | ||||
| 31 Mar 2024 | 116.93 | 63.58 | 16.54 | 41.40 | 38.64 | ||||
| 31 Mar 2023 | 84.36 | 59.76 | 0.72 | 20.40 | 38.85 | ||||
| 31 Mar 2022 | 67.80 | 43.44 | 0.40 | 20.14 | 35.56 | ||||
| Amount in ₹ Crore | |||||||||
Virtual Galaxy Infotech IPO: Navigating the Next Big SME Opportunity Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 53.52% |
| ROCE | 31.68% |
| Debt/Equity | 0.93 |
| RoNW | 39.95% |
| PAT Margin | 26.04 |
| Price to Book Value | 5.66 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 9.04 | 6.65 |
| P/E (x) | 15.71 | 21.35 |
Frequently Asked Questions
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Competitive Strengths
1. Deep Domain Expertise & Track Record
2. Diversified and Growing Client Base
3. Strong Financial Performance
4. Experienced Management & Governance
5. Innovation & Strategic Expansion
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Virtual Galaxy Infotech IPO: Navigating the Next Big SME Opportunity IPO Timeline
| IPO Open Date | Fri, May 9, 2025 |
| IPO Close Date | Wed, May 14, 2025 |
| Tentative Allotment | Thu, May 15, 2025 |
| Initiation of Refunds | Fri, May 16, 2025 |
| Credit of Shares to Demat | Fri, May 16, 2025 |
| Tentative Listing Date | Mon, May 19, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 14, 2025 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,42,000 |
| Retail (Max) | 1 | 1000 | ₹1,42,000 |
| HNI (Min) | 2 | 2000 | ₹2,84,000 |