| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 1,000 | ₹1,42,000 |
| HNI / NII | 2 | 2,000 | ₹2,84,000 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 30,84,000 (46.94%) | — | ₹4,379.28 Cr |
| NII / HNI (Total) | — | 9,50,000 (14.46% | — | ₹1,349.00 Cr |
| Retail Investors | — | 22,00,000 (33.49%) | — | ₹3,124.00 Cr |
| Total ** | — | 65,70,000 (100.00%) | — | ₹93,294.00 Cr |
| Market Maker * | — | 3,36,000 (5.11% | — | ₹47.71 Cr |
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 63.58 | 59.76 | 43.44 |
| PAT | 16.54 | 0.72 | 0.40 |
| EBITDA | — | — | — |
| Net Worth | 41.40 | 20.40 | 20.14 |
| Total Assets | 116.93 | 84.36 | 67.80 |
| Reserves | 30.40 | 9.40 | 9.14 |
| Borrowings | 38.64 | 38.85 | 35.56 |
Incorporated in September 1997, Virtual Galaxy Infotech Limited (VGIL) is an IT services and consulting firm based in Nagpur, Maharashtra, India.
VGIL delivers innovative software products and services across multiple sectors, including Banking and finance, ERP, e-government, Web Services, Cloud Computing, Big Data, IoT, and System Integration.
The company has successfully provided advanced technology solutions to more than 5,000 bank branches, manufacturing firms, and businesses.
Their offerings focus on transaction automation, customer service delivery, compliance, and decision support.
The company's flagship product, "e-banker," is a comprehensive Core Banking Solution designed to address the dynamic techno-financial environment of banking institutions.
The company has over 300 professionals dedicated to delivering high-quality software solutions for clients.
VGIL's expertise extends to supporting diverse organizations, including bank branches, manufacturing setups, and business houses, ensuring reliable and efficient technology services that empower organizations to thrive in a fast-evolving digital landscape.
The company holds several quality certifications, including ISO 9001:2015, ISO/IEC 27001:2013, ISO/IEC 20000-1:2018, and ISO/IEC 23001-7:2023.
The company serves commercial banks, cooperative banks, NBFCs, SACCOs in the BFSI sector, and corporate clients in the sugar, solvex, textiles, fertiliser, seed, and education industries.
The company serves clients in over 15 Indian states and has expanded internationally to Tanzania and Malawi.
As of December 31, 2024, the company had a total strength of 329 employees on its payroll.
Competitive Strength