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Kundan Motwani

20th May 2025 ยท SEBI-Registered Analyst

๐Ÿ“ˆ Virtual Galaxy Infotech Debuts with a Stellar Listing!

Nagpur-based tech firm Virtual Galaxy Infotech Ltd. made a strong debut on the NSE SME platform, listing at โ‚น180 per share, a 26% premium over its issue price of โ‚น142. ๐Ÿ’ฐ The โ‚น93 crore IPO was a hit โ€” oversubscribed 231 times, reflecting strong investor interest and market confidence. ๐Ÿ“Œ Use of Funds: Setting up a 10-acre tech campus in MIHAN-SEZ Investing in high-performance computing infrastructure Enhancing product development capabilities Boosting marketing & business outreach ๐Ÿ‘ฅ The company also aims to create 1,000 jobs over the next two years โ€” a big boost for the tech and employment ecosystem. Virtual Galaxy is now one to watch in Indiaโ€™s rising SME tech space! ๐Ÿš€

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