To apply for the Virtual Galaxy Infotech IPO, log in to your trading or demat account through your broker’s platform and navigate to the IPO section. Select "Virtual Galaxy Infotech IPO," enter the number of lots (minimum lot size is 1,000 shares), choose your bid price within the ₹135 to ₹142 range, and enter your UPI ID for payment. Ensure sufficient funds in your account and approve the UPI mandate before 5 PM on May 14, 2025. To check the allotment status, visit the registrar’s website—Maashitla Securities Private Limited—on or after May 15, 2025. Enter your PAN, application number, or DP/client ID as required to view the status. Allotment updates may also be available on NSE SME and your broker’s app or portal once finalised.
For complete details on this public offering, visit the Virtual Galaxy Infotech IPO page on Bajaj Broking’s website.
Virtual Galaxy Infotech IPO Application Process
The Virtual Galaxy Infotech IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using Bajaj Broking’s app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate Virtual Galaxy Infotech IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 1000 shares) within the price band of ₹135 to ₹142 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
How to Check Virtual Galaxy Infotech IPO Allotment Status?
Once the allotment for Virtual Galaxy Infotech IPO is finalized, investors can check their status online using the following steps:
Step 1: Visit the Official Website of the IPO's Registrar
Access the registrar’s portal for allotment status updates.
Step 2: Navigate to the IPO Allotment Status Page
Locate the specific section for IPO allotment on the website.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Provide the necessary details to retrieve your application status.
Step 4: Click on 'Submit' or 'Check Status'
Verify the allotment details displayed on the screen.
Step 5: Alternative Check on Stock Exchange Websites
Visit SME or NSE websites and follow the IPO allotment instructions.
Step 6: Check via Bajaj Broking Website
Log in to Bajaj Broking, access the IPO section, and view your allotment updates in the IPO Allotment Status.
About Virtual Galaxy Infotech IPO: Overview and Key Facts
Virtual Galaxy Infotech Limited (VGIL), established in 1997 and headquartered in Nagpur, Maharashtra, is a hybrid SaaS and enterprise software company. The company specializes in delivering IT solutions across sectors such as Banking and Financial Services (BFSI), Enterprise Resource Planning (ERP), and E-Governance. Its flagship product, "E-banker," is a web-based core banking solution implemented in over 150 institutions, including banks, societies, microfinance companies, and NBFCs. VGIL also offers products like IBS-ERP, E-APMC, E-Autopsy, and V-Pay, catering to diverse client needs.
The company has a presence in more than 15 Indian states and has expanded internationally to countries like Tanzania and Malawi. With a team of over 300 professionals, VGIL has completed projects for various government bodies, semi-government organizations, SMEs, and mid-sized corporations. Notably, the company has also executed four World Bank-funded projects, showcasing its capability in handling large-scale assignments.
In its upcoming IPO, VGIL plans to issue 66 lakh equity shares. The proceeds are intended for setting up additional development facilities in Nagpur, enhancing and upgrading existing products, business development and marketing activities, procuring hardware for its data center, and debt repayment. The IPO is set to be listed on NSE Emerge, with Smart Horizon Capital Advisors as the book-running lead manager and Maashitla Securities as the registrar.
To check your application status, visit the Virtual Galaxy Infotech IPO Allotment Status page on Bajaj Broking’s website.