BAJAJ FINSERV DIRECT LIMITED
Latest IPO Information

Virtual Galaxy Infotech Ltd. IPO

IPO Date: May 9 to May 14 2025

Listing Date: May 19 2025

Objective

1. Capital expenditure towards setting up additional development facility in Nagpur, Maharashtra;
2. Repayment/ prepayment of certain borrowings availed by our Company;
3. Investment in procuring GPU, server & storage system at Data Centre;
4. Funding of expenditure related to enhancement, maintenance and upgrading existing products through manpower hiring;
5. Funding for business development and marketing activities and
6. General corporate purpose

IPO Details

Face Value ₹ 10.00 Per Share
Issue Size ₹ 63.86 - 67.17 Cr
Price Band ₹ 135.00 - ₹ 142.00 Per Share
Market LOT 1000 shares
Issue Type Book building

About Company

Our Company is a SaaS product focused company engaged in providing core banking software solution, IT solutions,ERP implementation and customized software solutions development, IT services for the BFSI, ERP, and E-Governancedomains. We are primarily involved in the development, customization, installation, and implementation of softwareapplications, along with comprehensive post-implementation support, monitoring, and maintenance services for thedelivered solutions. To provide a seamless experience to our clients, we offer a range of essential allied services, ensuringthat all software needs .... are met under one roof. Our wide range of offerings covers services including consultation,architecture, solution design, implementation, monitoring and managed services. Read More
Address

Plot No. 26 The Nagpur Divisional Insurance Employees Chs Ltd. Vivekanand Nagar

City

Nagpur

State

Maharashtra

Pincode

440015

Phone

9226531342

Email

investors@vgipl.in

Website

www.vgipl.com

About IPO

Listed At NSE
Lead Manager Smart Horizon Capital Advisors Pvt Ltd.
Promoters
Avinash Narayanrao Shende
Sachin Purushottam Pande

Promoter's Holding

Registrar

Maashitla Securities Pvt Ltd.

Latest News

Aug
12
2026
EQUITY Posted on Aug 12th 2026

FIIs were net sellers of Rs 25420.82 crore in index futures and options segments on August 11

According to the data released by the NSE, the Foreign Institutional Investors (FIIs) were net sellers of Rs 25420.82 crore in index futures and options segments, as per Tuesday’s data, August 11, 2026.

FIIs were net sellers of index futures to the tune of Rs 646.70 crore and net sellers of index options worth Rs 24774.12 crore. In the stock segment, FII’s were net sellers of stock futures worth Rs 920.73 crore and they sold stock options worth Rs 651.97 crore.

Read More
Aug
12
2026
ECONOMY Posted on Aug 12th 2026

India’s growth momentum remains strong, Q1FY27 GDP growth likely at 8%: SBI Research

Expressing optimism over India’s growth prospects, SBI Research in its latest report has said that the country’s Gross Domestic Product (GDP) growth is likely to rise to 8% in the first quarter of the current fiscal year (Q1FY27), higher than the Reserve Bank of India’s (RBI) 7% growth projection. It noted that the underlying momentum remains broad-based. It said that, of the more than 50 leading indicators across consumption and demand, agriculture, industry, services and other sectors that it tracks, around 86% are showing acceleration in Q1FY27, compared with 69% in Q1FY26.

It said consumption and demand remain resilient. High-frequency demand indicators continue to support the growth outlook, while industrial activity remains broadly satisfactory, barring a few pockets. Services are providing further support, while other indicators also corroborate its 8% growth estimate. It further said that monsoon conditions have improved, with a nearly 40% rainfall deficit in June partly offset by surplus rainfall in July and normal rains in August, bringing the overall deficit down to around 12%. Positive Indian Ocean Dipole (IOD) conditions could also partly offset the impact of El Nino. It noted that July’s high-frequency indicators and the progress of the monsoon suggest continued growth momentum. Therefore, it believes that growth is likely to remain robust going forward.

However, it cautioned that after the rupee breached Rs 96 per dollar, the currency recovered but has since been moving around Rs 95-95.5 per dollar, warranting a calibrated policy response from the RBI. As per the report, it is important to keep rupee depreciation at bay due to financial stability concerns, as the recent depreciation calls for stronger signaling.

Read More
Aug
12
2026
EQUITY Posted on Aug 12th 2026

F&O total turnover stood at Rs 3,52,57,147.41 crore on August 11

Futures & Options (F&O) total turnover stood at Rs 3,52,57,147.41 crore on August 11 and the total number of contracts traded on the day were 22,47,76,523.

Of the total turnover, Index Futures contributed Rs 8,321.54 crore, Stock Futures Rs 58,763.38 crore and Index Options Rs 3,46,77,755.76 crore, while the contribution of the Stock Options was of Rs 5,12,306.73 crore.

For the day, the total F&O Put Call ratio stood at 0.93, while the Index Options Put Call ratio was 0.95 and that of Stock Options was 0.50.

Read More
Aug
12
2026
COMPANY Posted on Aug 12th 2026

Quest Capital Market - Quaterly Results

A decrease of about -46.91% in the sales to Rs. 11.51 millions was observed for the quarter ended June 2026. The sales stood at Rs. 21.68 millions during the similar quarter previous year.A big decline of -52.83% was reported for the quarter ended June 2026 to Rs. 7.25  millions from Rs. 15.37 millions of corresponding previous quarter.The company reported a degrowth in operating Profit to 10.00 millions from 20.53 millions.
(Rs. in Million)
  Quarter ended Year to Date Year ended
  202606 202506 % Var 202606 202506 % Var 202603 202503 % Var
Sales 11.51 21.68 -46.91 11.51 21.68 -46.91 313.50 258.10 21.46
Other Income 0.00 0.06 0.00 0.00 0.06 0.00 0.06 1.77 -96.61
PBIDT 10.00 20.53 -51.29 10.00 20.53 -51.29 306.34 253.72 20.74
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.01 400.00
PBDT 10.00 20.53 -51.29 10.00 20.53 -51.29 306.29 253.71 20.72
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT 10.00 20.53 -51.29 10.00 20.53 -51.29 306.29 253.71 20.72
TAX 2.75 5.16 -46.71 2.75 5.16 -46.71 71.00 57.46 23.56
Deferred Tax 2.75 5.15 -46.60 2.75 5.15 -46.60 7.09 0.25 2736.00
PAT 7.25 15.37 -52.83 7.25 15.37 -52.83 235.29 196.25 19.89
Equity 100.00 100.00 0.00 100.00 100.00 0.00 100.00 100.00 0.00
PBIDTM(%) 86.88 94.70 -8.25 86.88 94.70 -8.25 97.72 98.30 -0.60
Read More
Aug
12
2026
COMPANY Posted on Aug 12th 2026

IFCI - Quaterly Results

A decrease of about -34.00% in the sales to Rs. 1026.40 millions was observed for the quarter ended June 2026. The sales stood at Rs. 1555.10 millions during the similar quarter previous year.A humble growth in net profit of 17.07% reported in the quarter ended June 2026 to Rs. 86.40  millions from Rs. 73.80 millions.A decline of 1350.30 millions was observed in the OP in the quarter ended June 2026 from 1385.90 millions on QoQ basis.
(Rs. in Million)
  Quarter ended Year to Date Year ended
  202606 202506 % Var 202606 202506 % Var 202603 202503 % Var
Sales 1026.40 1555.10 -34.00 1026.40 1555.10 -34.00 8977.10 8399.20 6.88
Other Income 227.60 253.50 -10.22 227.60 253.50 -10.22 263.60 19.40 1258.76
PBIDT 1350.30 1385.90 -2.57 1350.30 1385.90 -2.57 4860.50 9335.50 -47.94
Interest 1036.10 1026.10 0.97 1036.10 1026.10 0.97 4160.70 5371.80 -22.55
PBDT 314.20 359.80 -12.67 314.20 359.80 -12.67 699.80 3963.70 -82.34
Depreciation 60.60 60.50 0.17 60.60 60.50 0.17 244.40 242.00 0.99
PBT 253.60 299.30 -15.27 253.60 299.30 -15.27 455.40 3721.70 -87.76
TAX 167.20 225.50 -25.85 167.20 225.50 -25.85 -61.70 3283.70 -101.88
Deferred Tax 167.20 225.50 -25.85 167.20 225.50 -25.85 -61.70 3283.70 -101.88
PAT 86.40 73.80 17.07 86.40 73.80 17.07 517.10 438.00 18.06
Equity 26943.10 26943.10 0.00 26943.10 26943.10 0.00 26943.10 26943.10 0.00
PBIDTM(%) 131.56 89.12 47.62 131.56 89.12 47.62 54.14 111.15 -51.29
Read More
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Frequently Asked Questions

What is the issue size of Virtual Galaxy Infotech Ltd. IPO?

The issue size of Virtual Galaxy Infotech Ltd. IPO is ₹63.86 - 67.17 crore.

The Virtual Galaxy Infotech Ltd. IPO opens for subscription on 2025-05-09 and closes on 2025-05-14.

The price range of Virtual Galaxy Infotech Ltd. IPO is ₹135.00 to ₹142.00.

The lot size of Virtual Galaxy Infotech Ltd. IPO is 1000 shares.

The registrar of Virtual Galaxy Infotech Ltd. IPO is Maashitla Securities Pvt Ltd..

Virtual Galaxy Infotech Ltd. IPO will be listed on NSE .

You will typically receive a confirmation message or notification from your broker or trading platform shortly after placing your IPO order. This confirms that your application has been submitted successfully. You can also check the order status in the IPO section of your trading account or app.

Apply early with valid UPI and PAN before 2025-05-14 to increase your chances.

The listing date of Virtual Galaxy Infotech Ltd. IPO is 2025-05-19.

An Initial Public Offering (IPO) is when a private company sells shares to the public for the first time, enabling investors to purchase these shares and gain partial ownership in the business. For instance, if a well-known tech firm wants to grow and requires additional funds, it might choose to go public through an IPO. During this process, investors can buy shares, and the company’s stock starts trading on the stock exchange on the day of the IPO listing.

Investors can apply for an IPO through their bank or brokerage account. Many trading platforms have a specific section for IPOs where users can submit their applications online.

The primary market is where shares are offered to the public for the first time via an IPO. After the IPO, shares are traded on the secondary market (stock exchange), where existing shareholders can sell to new buyers.

Investing in an IPO offers the opportunity to become an early investor in companies with high growth potential, at a price which may be lower than their post-listing market value. It provides a chance to participate in the company's growth journey from its early stages. However, IPO investments also come with inherent risks, such as market volatility and uncertainties about the company's future performance.

The price of an IPO is established through a systematic process known as "book building." In this method, investors bid within a given price range, and the final price is set based on demand and market conditions. Several factors play a crucial role in determining the IPO price, including:

Past Financial Performance: Evaluating the company's revenue, profits, and financial stability over time

Growth Potential: Assessing future prospects based on the company's business model and market opportunities

Industry Peers: Comparing valuation metrics with similar companies in the same sector

Larger Industry Picture: Analysing overall industry trends and economic conditions that could impact the company's performance

The lock-in period for IPO shares refers to a duration during which specific investors are restricted from selling their shares post-listing. This period varies based on the type of investor:

Promoters: The lock-in period for promoters ranges from 6 months to 18 months, ensuring their commitment to the company's long-term growth

Anchor Investors: Typically, anchor investors face a shorter lock-in period of 30 to 90 days, depending on regulatory norms and the specific IPO

IPOs can be volatile and may not perform as expected in the short term. Investors risk losing capital if the stock price drops after listing, especially if the company does not meet its growth projections.

Information on upcoming IPOs is often available through brokerage platforms, financial news sites, and regulatory bodies like SEBI, which publishes details on companies going public. You can also get these details under the upcoming IPO section on Bajaj Markets.

Eligibility for an IPO typically includes:

Retail Investors: Individuals who invest in smaller amounts, usually under the “retail investor” category, with certain limits

Qualified Institutional Buyers (QIBs): Entities like mutual funds, banks, and insurance companies, who invest large sums

Non-Institutional Investors (NIIs): High-net-worth individuals or entities investing above the retail threshold

Investors must have a Demat and trading account to apply, and in some cases, certain financial or residency qualifications may apply depending on local regulations.

SME (Small and Medium Enterprise) IPOs generally carry higher risk but may provide significant growth potential. Investors should research the company’s stability, financials, and sector risks, as SME stocks can be more volatile compared to large-cap companies.

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