Mumbai, May 19 -- The scrip was listed at 180, a premium of 26.76% over the initial public offer (IPO) price. The stock was currently frozen at its upper limit of 5% over its listing price.
The counter hit a high of Rs 189 and a low of Rs 180. About 21.56 lakh shares of the company changed hands at the counter.
Virtual Galaxy Infotech's IPO was subscribed 215.07 times. The issue opened for bidding on 9 May 2025 and it closed on 14 May 2025. The price band of the IPO was fixed between Rs 135 to Rs 142 per share.
The IPO comprised fresh issue of 65,70,000 equity shares. The company intends to utilize the net proceeds for capital expenditure towards setting up an additional development facility in Nagpur, Maharashtra, repayment/prepayment...
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