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With over 200x subscription, Virtual Galaxy Infotech IPO leaves investors starry-eyed. Check allotment, GMP
With over 200x subscription, Virtual Galaxy Infotech IPO leaves investors starry-eyed. Check allotment, GMP

Economic Times

time15-05-2025

  • Business
  • Economic Times

With over 200x subscription, Virtual Galaxy Infotech IPO leaves investors starry-eyed. Check allotment, GMP

Virtual Galaxy Infotech's IPO has concluded with overwhelming demand, being subscribed over 200 times. This massive subscription is driven by strong investor interest across categories. The allotment of shares for the IPO is expected to be finalized later today. Investors can check their allotment status through the following methods. ADVERTISEMENT The company is boasting a robust grey market premium (GMP) of about 53% over the issue price. Investors who have applied for the IPO are now eagerly awaiting the allotment status. 1) Go to the 'Equity' section under the 'Investors' tab.2) Select 'Virtual Galaxy Infotech' from the dropdown menu.3) Enter your application number or PAN, and click on 'Search'. ADVERTISEMENT 1) Visit the Bigshare Services website ( ADVERTISEMENT 2) Go to the 'IPO Allotment' section.3) Select 'Virtual Galaxy Infotech IPO'. ADVERTISEMENT 4) Enter your application number, PAN, or DP Client the details to view your allotment status. ADVERTISEMENT The IPO witnessed significant interest from investors across all categories. The strong demand led to a subscription of over 200 times, making it one of the most sought-after IPOs in the recent SME segment. The listing date is scheduled on May who receive allotment can expect to see the shares credited to their demat accounts by May 17, while those who do not receive an allotment will have their refunds processed on May 16. Given the strong subscription numbers and the grey market premium, Virtual Galaxy Infotech's listing on May 19 is expected to be keenly IPO comprised a fresh issue of 6.57 million equity shares, aiming to raise Rs 93.29 crore. The price band was set between Rs 135 and Rs 142 per share, with a minimum lot size of 1,000 shares. Virtual Galaxy Infotech, established in 1997, is a technology-driven company specializing in Software as a Service (SaaS) solutions, core banking software, IT services, ERP implementation, and customized software development. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)

With over 200x subscription, Virtual Galaxy Infotech IPO leaves investors starry-eyed. Check allotment, GMP
With over 200x subscription, Virtual Galaxy Infotech IPO leaves investors starry-eyed. Check allotment, GMP

Time of India

time15-05-2025

  • Business
  • Time of India

With over 200x subscription, Virtual Galaxy Infotech IPO leaves investors starry-eyed. Check allotment, GMP

Virtual Galaxy Infotech's IPO has concluded with overwhelming demand, being subscribed over 200 times. This massive subscription is driven by strong investor interest across categories. The allotment of shares for the IPO is expected to be finalized later today. Investors can check their allotment status through the following methods. The company is boasting a robust grey market premium (GMP) of about 53% over the issue price. Investors who have applied for the IPO are now eagerly awaiting the allotment status. How to check Virtual Galaxy Infotech IPO allotment status through BSE website Visit the official BSE website. 1) Go to the 'Equity' section under the 'Investors' tab. 2) Select 'Virtual Galaxy Infotech' from the dropdown menu. Live Events 3) Enter your application number or PAN, and click on 'Search'. Through the Registrar's Website (Bigshare Services) 1) Visit the Bigshare Services website ( ). 2) Go to the 'IPO Allotment' section. 3) Select 'Virtual Galaxy Infotech IPO'. 4) Enter your application number, PAN, or DP Client ID. Submit the details to view your allotment status. Virtual Galaxy Infotech IPO subscription details The IPO witnessed significant interest from investors across all categories. The strong demand led to a subscription of over 200 times, making it one of the most sought-after IPOs in the recent SME segment. The listing date is scheduled on May 19. Investors who receive allotment can expect to see the shares credited to their demat accounts by May 17, while those who do not receive an allotment will have their refunds processed on May 16. Given the strong subscription numbers and the grey market premium, Virtual Galaxy Infotech's listing on May 19 is expected to be keenly watched. Virtual Galaxy Infotech IPO: Key details The IPO comprised a fresh issue of 6.57 million equity shares, aiming to raise Rs 93.29 crore. The price band was set between Rs 135 and Rs 142 per share, with a minimum lot size of 1,000 shares. Virtual Galaxy Infotech, established in 1997, is a technology-driven company specializing in Software as a Service (SaaS) solutions, core banking software, IT services, ERP implementation, and customized software development. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

Srigee DLM IPO allotment today; check status, GMP, likely listing gain
Srigee DLM IPO allotment today; check status, GMP, likely listing gain

Business Standard

time08-05-2025

  • Business
  • Business Standard

Srigee DLM IPO allotment today; check status, GMP, likely listing gain

Srigee DLM IPO allotment status: The basis of allotment of shares for Srigee DLM shares is expected to be finalised today, Thursday, May 8, 2025. The initial public offering (IPO) of Srigee DLM, which closed its three-day subscription window on Wednesday, May 7, received an overwhelming response from investors, with the offering being oversubscribed by nearly 456.80 times, showed the BSE data. Srigee DLM IPO witnessed the highest participation from the non-institutional investors (NIIs), who subscribed to 1,136.02 times the portion reserved for them, retail investors subscribed at 243.71 times, and qualified institutional buyers (QIBs) at 137.59 times. Once the allotment of Srigee DLM IPO shares gets finalised, investors can check their status on the official websites of the BSE, and Bigshare Services, the registrar for the IPO. Alternatively, investors can also follow these direct links to check the Srigee DLM IPO allotment status online: Check Srigee DLM IPO allotment status on Bigshare Services: Srigee DLM IPO details The SME offering, valued at around ₹16.98 crore, comprises an entirely fresh issue of 1.71 million equity shares with no offer for sale (OFS) component. The public issue was open for subscription from Monday, May 5, 2025, to Wednesday, May 7, 2025. It was available at a price band of ₹94–99 per share, and a lot size of 1,200 shares. Srigee DLM proposes to use the proceeds from the public offering to set up a manufacturing facility at Plot No 15, Ecotech – X, Industrial Area, Greater Noida, Gautam Budh Nagar, Uttar Pradesh, and for the acquisition of machinery to be installed at the proposed manufacturing facility. The company will use the proceeds to meet the capital expenditure and for general corporate purposes. Srigee DLM IPO grey market premium (GMP), listing estimate The unlisted shares of Srigee DLM were commanding a solid premium in the grey markets on Thursday. Sources tracking grey market activities revealed that the company's shares were quoted trading at around ₹132 per share, reflecting a grey market premium (GMP) of ₹99 or 33.33 per cent over the upper end of the IPO price. Shares of Srigee DLM are expected to debut on the BSE SME platform tentatively on Monday, May 12, 2025. Should the current GMP trend sustain, Srigee DLM shares may list with around 33 per cent premium. However, it is important to note that GMP is an unregulated market indicator and should not be relied upon for determining the company's market performance. About Srigee DLM Established in 2005, Srigee DLM offers comprehensive plastic manufacturing solutions, combining design expertise with production capabilities. The company serves both OEM and ODM clients, offering services including plastic injection molding, tool and die manufacturing, polymer compounding, and assembly. Through backward integration, the company has developed in-house capabilities in die design, testing, and polymer compounding.

Srigee DLM IPO: How to check allotment status, listing date, and key details
Srigee DLM IPO: How to check allotment status, listing date, and key details

Economic Times

time08-05-2025

  • Business
  • Economic Times

Srigee DLM IPO: How to check allotment status, listing date, and key details

The IPO, which was open for subscription from May 5 to May 7, saw robust demand, being subscribed just over 400 times overall. Investors await Srigee DLM IPO allotment finalization. Subscription closed on May 7. The IPO witnessed significant oversubscription across all categories. Successful applicants will receive shares in their demat accounts by May 9. Unsuccessful applicants will receive refunds on the same day. Srigee DLM is set to debut on the BSE SME platform on May 12. Tired of too many ads? Remove Ads How to Check Srigee DLM IPO Allotment Status on BSE: Tired of too many ads? Remove Ads How to Check Allotment via Bigshare Services: Srigee DLM IPO Details: Tired of too many ads? Remove Ads Investors who applied for the Srigee DLM IPO can soon check their allotment status, with the allotment expected to be finalized on May 8. Those who have subscribed can verify their allotment status through the official website of the registrar, Bigshare Services , or directly via the BSE IPO, which was open for subscription from May 5 to May 7, saw robust demand, being subscribed just over 400 times overall. The retail portion was subscribed 243 times, the non-institutional investor (NII) category 1534 times, and the qualified institutional buyer (QIB) segment 130 times, reflecting strong investor interest across the allotment is finalized, shares will be credited to successful bidders' demat accounts by May 9, while refunds for unallotted investors will be processed on the same day. Srigee DLM is expected to make its market debut on the BSE SME platform on May the BSE website at Select 'Srigee DLM' from the dropdown your application number or PAN to access the allotment to the registrar's website at Choose 'Srigee DLM IPO' from the your PAN or application number and click 'Search'.The IPO was well-received in the grey market, with a GMP of ₹30, suggesting a potential listing price of around Rs 129 per share, which is a premium of 30.3% over the issue Rs 16.98 crore IPO was a complete fresh issue of 17.15 lakh shares, priced between Rs 94 and Rs 99 per share. The proceeds are earmarked for setting up a manufacturing facility in Gautam Budh Nagar, Uttar Pradesh, purchasing machinery, and meeting general corporate DLM is engaged in design-led manufacturing, specializing in plastic injection moulding, tool room and die manufacturing, mobile phone sub-assembly, and polymer compounding. Its clients include players in consumer durables, home appliances, automotive components, and electronics sectors.: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of Economic Times)

Srigee DLM IPO: How to check allotment status, listing date, and key details
Srigee DLM IPO: How to check allotment status, listing date, and key details

Time of India

time08-05-2025

  • Business
  • Time of India

Srigee DLM IPO: How to check allotment status, listing date, and key details

The IPO, which was open for subscription from May 5 to May 7, saw robust demand, being subscribed just over 400 times overall. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. How to Check Srigee DLM IPO Allotment Status on BSE: Live Events How to Check Allotment via Bigshare Services: Srigee DLM IPO Details: Investors who applied for the Srigee DLM IPO can soon check their allotment status, with the allotment expected to be finalized on May 8. Those who have subscribed can verify their allotment status through the official website of the registrar, Bigshare Services , or directly via the BSE IPO, which was open for subscription from May 5 to May 7, saw robust demand, being subscribed just over 400 times overall. The retail portion was subscribed 243 times, the non-institutional investor (NII) category 1534 times, and the qualified institutional buyer (QIB) segment 130 times, reflecting strong investor interest across the allotment is finalized, shares will be credited to successful bidders' demat accounts by May 9, while refunds for unallotted investors will be processed on the same day. Srigee DLM is expected to make its market debut on the BSE SME platform on May the BSE website at Select 'Srigee DLM' from the dropdown your application number or PAN to access the allotment to the registrar's website at Choose 'Srigee DLM IPO' from the your PAN or application number and click 'Search'.The IPO was well-received in the grey market, with a GMP of ₹30, suggesting a potential listing price of around Rs 129 per share, which is a premium of 30.3% over the issue Rs 16.98 crore IPO was a complete fresh issue of 17.15 lakh shares, priced between Rs 94 and Rs 99 per share. The proceeds are earmarked for setting up a manufacturing facility in Gautam Budh Nagar, Uttar Pradesh, purchasing machinery, and meeting general corporate DLM is engaged in design-led manufacturing, specializing in plastic injection moulding, tool room and die manufacturing, mobile phone sub-assembly, and polymer compounding. Its clients include players in consumer durables, home appliances, automotive components, and electronics sectors.: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of Economic Times)

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