IPO: Today is the last date to invest in this IPO, GMP is more than ₹ 80; See full details here..

If you want to invest in the MSME IPO of Virtual Galaxy Infotech, then you have only a few hours left. Subscription for this IPO will close at 5 pm today. The most attractive thing in this IPO is its GMP, which indicates 58% profit. The IPO has received 147 applications till 2.30 pm.

GMP is also called Grey Market premium. Through GMP, it can be ascertained how many rupees the IPO can be listed. The issue price of the IPO is Rs 142. According to GMP, its listing can be around Rs 225. That is, investors can get a profit of 58 percent in this IPO. However, GMP can change by the time of listing.

Let us now see other important information related to the IPO of Virtual Galaxy Infotech.

What is the lot size of the IPO?

The lot size of Virtual Galaxy Infotech's IPO has been kept at 1000 shares. At the same time, its price band is from Rs 135 to Rs 142. Which means that investors will have to spend at least Rs 135000 to buy it. On the other hand, if you invest at a higher level of the price band, then your chance of getting an IPO subscription increases.

How many people have invested money so far?

According to the information received from the NSE website, till 2.30 pm, 1,71,904 applications have been received. Along with this, requests have been made to buy 37,21,78,000 shares.

Where will the IPO be listed?
This IPO will be listed on the NSE. This is an IPO of SME category. Therefore, before investing in it, read the details related to the IPO and the company carefully.

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