The Virtual Galaxy Infotech IPO minimum market lot is 1000 shares with ₹1,42,000 application amount. The Virtual Galaxy Infotech IPO is a SME IPO, and it is to be listed on NSE.
Virtual Galaxy Infotech Limited, founded in September 1997, is one of the growing IT services and consulting companies. The company is mostly involved in providing SaaS products and a wide range of services such as banking software, IT solutions, ERP implementation, and custom software development. BFSI, ERP, and E-Governance sectors are the clients they mainly serve with their services. They mainly focus on developing, customizing, installing, and implementing software applications.
However, that doesn’t stop here, once the software is up and starts running, they also make sure to offer maintenance services for smooth and uninterrupted performance. The company’s portfolio comprises a wide range of services such as consultation, architecture, solution design, implementation, monitoring, and managed services. Virtual Galaxy has established its presence by offering advanced technology solutions to over 5000 bank branches and businesses. The company includes over 300 devoted professionals as of now.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Virtual Galaxy Infotech IPO Subscription Status – Day 4
| Category | Day 1 | Day 2 | Day 3 | Day 4 |
| QIB | 1.67 | 1.67 | 3.40 | 129.72 |
| NII | 0.39 | 4.96 | 37.57 | 590.27 |
| RII | 0.26 | 5.85 | 31.01 | 134.01 |
| Total | 0.69 | 4.47 | 24.61 | 231.44 |
Virtual Galaxy Infotech IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Virtual Galaxy Infotech IPO Review and Rating
- May Apply For Long-term View
- 3
Virtual Galaxy Infotech IPO Form
How to apply for the Virtual Galaxy Infotech IPO? You can apply for Virtual Galaxy Infotech IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Virtual Galaxy Infotech IPO in the Invest section. The other option is you can apply for Virtual Galaxy Infotech IPO via IPO forms downloaded online. Check out the Virtual Galaxy Infotech forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
