Issue Open Date
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09-May-25
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Issue Closing Date
|
14-May-25
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Application Money
|
100
|
Allotment Money
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|
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Price Band (Rs.)
|
135
-
142
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Minimum Bid Quantity.
|
1000
|
Issue Size (Shares)
|
4730000
|
Market Lot
|
1
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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 and6. General corporate purpose
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
|
|
561091000
|
|
Qualified Institutional Buyers
|
|
161367000
|
|
Retail Individual Investors
|
|
161367000
|
|
|
|
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Business Description
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
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Promoter's Holding
|
Total Share Capital
|
16094204
|
Offered to Public
|
4730000
|
Promoter's Holding (Pre-Issue)
|
87.95
|
Promoter's Holding (Post-Issue)
|
64.72
|
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More.. |
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Address |
3 Central Excise Colony Behind Mahatme Eye Bank Chhatrapati Square Ring Road
Nagpur
,
Maharashtra
,
440015
Phone :
9226531342
Email :
investors@vgipl.in
Website :
www.vgipl.com
|
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Registrar |
Maashitla Securities Pvt Ltd.
451 Krishna Apra Business Square Netaji Subhash Place Pitampura New Delhi
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Listed at |
NSE
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Lead Manager |
Smart Horizon Capital Advisors Pvt Ltd.
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Promoters |
Avinash Narayanrao Shende Sachin Purushottam Pande
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