Virtual Galaxy Infotech IPO allotment is being finalised today, May 15, after the issue was oversubscribed 231.45 times. Investors can check status via Maashitla Securities. Shares will be credited to demat accounts by May 16, with listing scheduled for May 19 on NSE SME. The IPO is showing a strong grey market premium (GMP) of ₹87, indicating a listing price 61% above the issue price.
The allotment for the highly anticipated Virtual Galaxy Infotech IPO will be finalised today. With overwhelming investor interest, the issue was subscribed 231.45 times on its final day. Applicants can check their allotment status through the IPO registrar, Maashitla Securities Private Ltd, via its official website.
Allotment & Refund Timeline
Investors who are allotted shares will see them credited to their demat accounts by May 16. Those who do not receive allotments will begin receiving refunds starting the same day. The company’s shares are scheduled to list on the NSE SME platform on May 19.
How to Check Allotment Status
The IPO allotment status can be verified using the following identifiers:
- PAN Number
- Application Number or CAF Number
- Beneficiary ID (combination of DP ID and Client ID)
To check the status:
- Visit https://maashitla.com/allotment-status/public-issues
- Select “Virtual Galaxy Infotech IPO” from the dropdown
- Enter your details and submit to view the allotment
Grey Market Premium Indicates Strong Debut
The grey market premium (GMP) for Virtual Galaxy Infotech stands at ₹87, suggesting a potential listing price of ₹229, compared to the issue price of ₹142. This translates to a 61.27% premium, indicating strong demand and investor confidence ahead of the listing.
IPO Highlights
- IPO Price Band: ₹142 per share
- Subscription: 231.45 times
- GMP Today: ₹87
- Listing Date: May 19, 2025
- Registrar: Maashitla Securities Pvt Ltd
With such a strong subscription and GMP, all eyes are now on the stock’s performance post-listing.
