logo
Virtual Galaxy Infotech IPO allotment in focus today; latest GMP, 5 steps to check status

Virtual Galaxy Infotech IPO allotment in focus today; latest GMP, 5 steps to check status

Mint15-05-2025

Virtual Galaxy Infotech IPO allotment date: Virtual Galaxy Infotech IPO share allotment will be finalised today (Thursday, May 15). The investors who applied for the issue can check the Virtual Galaxy Infotech IPO allotment status on the Virtual Galaxy Infotech IPO registrar's portal, Maashitla Securities Private Ltd. On the final day, Virtual Galaxy Infotech IPO subscription status was 231.45 times, as per chittorgarh.com
Investors can verify the allocation basis to determine if they have received shares and the number they have been allotted. The IPO allotment status displays the number of shares that have been allocated. For those applicants who did not receive shares from the company, the application refund process will start. Shares allotted to the designated individuals will be credited to their demat accounts.
The demat account of individuals who received shares will be credited on Friday, May 16. As soon as the allotment is finalised today, the refund procedure will likewise start Friday.
Virtual Galaxy Infotech IPO listing date is fixed for Monday, May 19 on NSE SME.
If you have applied for the IPO, you can check your Virtual Galaxy Infotech IPO allotment status today on the website of the IPO registrar, Maashitla Securities Private Ltd.
To access the registrar for the Virtual Galaxy Infotech IPO, Maashitla Securities Private Ltd, please click on the link provided.
The landing page that appears upon clicking the link will look similar to the screenshot shown below.
After the current IPOs, the dropdown will display the IPOs managed by the registrar that are not yet active. However, you can check the finalized allocation status for the Virtual Galaxy Infotech IPO online.
Next, select the firm, Virtual Galaxy Infotech IPO, from the drop-down menu. As of late today, this information is available on the registrar's site.
You can verify the IPO allocation status using the following IDs.
Income Tax Permanent Account Number (PAN): You can track your application status using your linked Income Tax PAN. Choose PAN from the list and enter your 10-digit alphanumeric PAN number. After entering it, press "Submit".
Application number or CAF number: Alternatively, you can check your allocation status by entering your CAF or application number. After inputting the application or CAF number, click "Search". A confirmation document for your IPO application should have been emailed to you. Follow the instructions as presented on that page. By clicking the "Submit" button, you can view the details of the shares allotted to you during the IPO.
Beneficiary ID: You can also input the beneficiary ID associated with your demat account. Then, combine your depository participant (DP) ID and client ID into a single string. The NSDL string consists of alphanumeric characters, while the CDSL string consists of numbers. Please enter the customer ID and DP ID exactly as they appear. Both your client ID and DP can be found on your online DP statement and account statement. After that, click "Submit".
Virtual Galaxy Infotech IPO GMP is +87. This indicates Virtual Galaxy Infotech share price were trading at a premium of ₹ 87 in the grey market, according to investorgain.com.
Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Virtual Galaxy Infotech share price was indicated at ₹ 229 apiece, which is 61.27% higher than the IPO price of ₹ 142.
According to the recent 11 sessions of grey market activities, today's IPO GMP shows an upward trend, indicating a potentially strong listing. The minimum GMP recorded is ₹ 0.00, while the maximum GMP is ₹ 87, as per experts at investorgain.com.
'Grey market premium' indicates investors' readiness to pay more than the issue price.'
Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decisions.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

IPO Watch: Lalithaa Jewellery Mart files draft papers with SEBI for ₹1,700 crore IPO
IPO Watch: Lalithaa Jewellery Mart files draft papers with SEBI for ₹1,700 crore IPO

Mint

time9 hours ago

  • Mint

IPO Watch: Lalithaa Jewellery Mart files draft papers with SEBI for ₹1,700 crore IPO

IPO Watch: Lalithaa Jewellery Mart Limited has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). A jewellery company based in Chennai specializes in selling gold jewellery, with additional offerings that include silver items and diamond jewellery. It caters to the southern Indian market through its 56 stores, which are operational in Tier I, II, and III cities, and provides authenticated BIS-hallmarked jewellery. Out of these stores, 22 are located in Andhra Pradesh, 20 in Tamil Nadu, seven in Karnataka, six in Telangana, and one is in the Union Territory of Puducherry, covering a total operational area of 6,09,408 sq. ft. as of December 31, 2024. Among these, 47 stores have a combined area exceeding 5,000 sq. ft. each. For the nine-month period ending December 31, 2024, the consolidated revenue from operations and profit after tax were reported at ₹ 12,594.67 crore and ₹ 262.33 crore, respectively. The IPO, which has a face value of ₹ 5, consists of a fresh issue amounting to ₹ 1200 crore and an offer-for-sale up to ₹ 500 crore by M. Kiran Kumar Jain. The funds raised from the fresh issue, specifically ₹ 1014.50 crore, will be utilized for capital expenditures related to the establishment of new stores in India, as well as for general corporate purposes. The offering is being conducted via a book-building process, where no more than 50% of the net offer is designated for qualified institutional buyers, while at least 15% and 35% of the net offer are allocated to non-institutional and retail individual bidders, respectively. It features a reservation for subscriptions from eligible employees, and a discount is being provided to those employees who participate in the employee reservation segment. Anand Rathi Advisors Limited and Equirus Capital Private Limited serve as the book-running lead managers, while MUFG Intime India Private Limited acts as the registrar for the issue.

IPO Watch: Lalithaa Jewellery Mart files draft papers with SEBI for  ₹1,700 crore IPO
IPO Watch: Lalithaa Jewellery Mart files draft papers with SEBI for  ₹1,700 crore IPO

Mint

time11 hours ago

  • Mint

IPO Watch: Lalithaa Jewellery Mart files draft papers with SEBI for ₹1,700 crore IPO

IPO Watch: Lalithaa Jewellery Mart Limited has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). A jewellery company based in Chennai specializes in selling gold jewellery, with additional offerings that include silver items and diamond jewellery. It caters to the southern Indian market through its 56 stores, which are operational in Tier I, II, and III cities, and provides authenticated BIS-hallmarked jewellery. Out of these stores, 22 are located in Andhra Pradesh, 20 in Tamil Nadu, seven in Karnataka, six in Telangana, and one is in the Union Territory of Puducherry, covering a total operational area of 6,09,408 sq. ft. as of December 31, 2024. Among these, 47 stores have a combined area exceeding 5,000 sq. ft. each. For the nine-month period ending December 31, 2024, the consolidated revenue from operations and profit after tax were reported at ₹ 12,594.67 crore and ₹ 262.33 crore, respectively. The IPO, which has a face value of ₹ 5, consists of a fresh issue amounting to ₹ 1200 crore and an offer-for-sale up to ₹ 500 crore by M. Kiran Kumar Jain. The funds raised from the fresh issue, specifically ₹ 1014.50 crore, will be utilized for capital expenditures related to the establishment of new stores in India, as well as for general corporate purposes. The offering is being conducted via a book-building process, where no more than 50% of the net offer is designated for qualified institutional buyers, while at least 15% and 35% of the net offer are allocated to non-institutional and retail individual bidders, respectively. It features a reservation for subscriptions from eligible employees, and a discount is being provided to those employees who participate in the employee reservation segment. Anand Rathi Advisors Limited and Equirus Capital Private Limited serve as the book-running lead managers, while MUFG Intime India Private Limited acts as the registrar for the issue. Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.

Ganga Bath Fittings IPO allotment in focus today; check latest GMP, 4 steps to check status
Ganga Bath Fittings IPO allotment in focus today; check latest GMP, 4 steps to check status

Mint

time15 hours ago

  • Mint

Ganga Bath Fittings IPO allotment in focus today; check latest GMP, 4 steps to check status

Ganga Bath Fittings IPO allotment date today: Ganga Bath Fittings IPO share allotment will be finalised today (Monday, June 9). The investors who applied for Ganga Bath Fittings IPO can check the Ganga Bath Fittings IPO allotment status in the registrar's portal, which is Kfin Technologies Ltd. Ganga Bath Fittings IPO opened for subscription on Wednesday, June 4, and closed on Friday, June 6. Ganga Bath Fittings IPO subscription status was 1.64 times on the final day of bidding, as per data available on Investors can determine whether they have been allocated shares and the amount by checking the allocation basis. The quantity of shares assigned is also shown in the IPO allotment status. For those applicants who did not receive shares, the company will initiate the refund process. The shares will be credited to the demat accounts of those who are allocated shares. The initiation of the refund process will commence on Tuesday, June 10 for individuals not given shares. Those allotted will receive their shares in their demat accounts on the same day itself. Ganga Bath Fittings IPO listing date is scheduled for Wednesday, June 11 on the NSE SME. If you have applied for the Ganga Bath Fittings IPO, you can do a Ganga Bath Fittings IPO allotment status check online on the website of the IPO registrar, Kfin Technologies Ltd today. Upon clicking the provided link, you will encounter five links through which you can check the status. Here's the link for Ganga Bath Fittings IPO allotment - After accessing one of the five provided links, select Ganga Bath Fittings IPO from the dropdown menu in the "Select IPO" section. To verify the status, choose either the PAN, Demat Account, or the Application Number. - If you opt for the application number, input it along with the captcha code before clicking "Submit." - For the Demat Account option, enter your account information together with the captcha code and then hit "Submit." - If you choose the PAN option, provide your PAN number and the captcha before selecting "Submit." Ganga Bath Fittings IPO GMP today or grey market premium was ₹ 0, which meant shares were trading at their issue price of ₹ 49 with no premium or discount in the grey market according to Considering the grey market activities over the past 11 sessions, the IPO GMP is trending downward today and is anticipated to decline further. The lowest GMP recorded is ₹ 0.00, while the peak GMP stands at ₹ 3.50, as noted by experts at 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store