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Issue Open Date
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09-May-25
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Issue Closing Date
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14-May-25
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Application Money
|
100
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Allotment Money
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Price Band
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135
-
142
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Minimium Application No.
|
1000
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Issue Size (Shares)
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4730000
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Market Lot
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1
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Objective
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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
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No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
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|
561091000
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|
Qualified Institutional Buyers
|
|
161367000
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Retail Individual Investors
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|
294867000
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|
|
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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 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.
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Promoter's Holding
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Total Share Capital
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16094204
|
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Offered to Public
|
4730000
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Promoter's Holding (Pre-Issue)
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87.95
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Promoter's Holding (Post-Issue)
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64.72
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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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