Archive · 20 May 2025

Virtual Galaxy Infotech Lists on NSE at 26% Premium

Virtual Galaxy Infotech Lists on NSE at 26% Premium

Virtual Galaxy Infotech, an IT company, started trading on the NSE at a price 26% higher than expected.

The company's IPO was very successful, with many more people wanting to buy shares than were available.

The Chief Minister of Maharashtra expressed pride in the company's success.

The company plans to create new jobs, and is developing a new campus.

Funds from the IPO will be used to pay back loans, buy computer equipment, improve existing products, and expand the business.

This positive development is seen as a boost for other IT businesses in the region.

Sources