Virtual Galaxy Infotech IPO

NSELot: 1000

LISTEDSME
Issue Price142
Listing-
Current140
Price Band
135 - ₹142
Lot Size
1,000
Issue Size
₹93.29 Cr
GMP
0
Subscription
0.69x

IPO Schedule

1
Open
9 May
2
Close
14 May
3
Allotment
-
4
Listing
19 May

About Virtual Galaxy Infotech

Virtual Galaxy Infotech is an SME focused on providing IT solutions and services. Specific details of their niche or specialization are not provided but their focus is on the IT sector, offering various services to clients.

Subscription Status

QIB
1.67x
NII
0.39x
Retail
0.27x
CategoryDay 4Day 3Day 2Day 1
QIB129.72x3.40x1.67x1.67x
NII590.27x37.61x4.97x0.39x
Retail134.03x31.34x5.94x0.27x
Total231.45x24.79x4.52x0.69x

Risk Factors

SME status implies higher vulnerability to market fluctuations and economic downturns.
Limited operating history compared to larger, established players in the IT sector.
Competition from larger, more established IT companies with greater resources and brand recognition.