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Virtual Galaxy Infotech IPO

Open 9th May 2025 · Close 14th May 2025 · Listing 19th May 2025

Verified 2026-08-2489% data coverage
Issue Price₹142.00
Listing Price₹180.00
Current Price
Listing Gain26.76%
Current Return

IPO Objectives

Virtual Galaxy Infotech IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Capital expenditure towards setting up additional development facility in Nagpur, Maharashtra₹34.27 Cr
2Repayment/prepayment of certain borrowings availed by the Company₹3.00 Cr
3Investment in procuring GPU, server & storage system at Data Centre₹5.05 Cr
4Funding of expenditure related to enhancement, maintenance and upgrading existing products through manpower hiring₹18.90 Cr
5Funding for business development and marketing activities₹14.06 Cr
6General Corporate Purposes₹6.06 Cr
7Issue Expenses₹11.96 Cr
8Total₹93.29 Cr