Virtual Galaxy Infotech IPO Day 4 update: Subscription rises 36x, GMP 56%

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Virtual Galaxy Infotech IPO Day 4 update: Subscription rises 36x, GMP 56% - Business Standard

Quick Summary:

The subscription was led by non-institutional investors (NIIs) who subscribed to the issue 84 times, followed by retail investors at 41 times.

Virtual Galaxy Infotech IPO Day 2 update: Subscription rises 1.

The SaaS product-focused company provides core banking software solutions, IT solutions, ERP implementation and customised software solutions development, and IT services for the BFSI, ERP, and E-governance domains.