The Initial Public Offering (IPO) of VG Infotech opened for subscription on May 9, 2025, and will remain open till May 14, 2025. Investors can apply between 10:00 AM to 5:00 PM during this period.
IPO Details at a Glance
| Particulars | Details |
|---|---|
| IPO Name | VG Infotech Limited |
| Symbol | VGINFOTECH |
| Issue Period | May 9 to May 14, 2025 |
| Cut-off Time for UPI Mandate | May 14, 2025 (till 5:00 PM) |
| Issue Type | 100% Book Building |
| Price Band | ₹135 to ₹142 per share |
| Face Value | ₹10 per share |
| Minimum Lot Size | 1000 shares |
| Minimum Investment (Retail) | ₹1,42,000 (at higher price band) |
| Retail Investor Limit | Up to ₹2,00,000 |
| Issue Size | 65.70 lakh equity shares (including market maker & anchor) |
| Registrar | Maashitla Securities Pvt. Ltd. |
| Lead Manager | Smart Horizon Capital Advisors Pvt. Ltd. |
| Sponsor Bank | Kotak Mahindra Bank |
Who Can Invest?
Investors from different categories can participate, including:
- Retail Investors
- Qualified Institutional Buyers (QIBs)
- Non-Institutional Buyers (NIBs)
- Foreign Institutional Investors (FIIs)
- Mutual Funds, Insurance Companies, and Others
The maximum bid quantity for QIB is 43.94 lakh shares, while NIBs can apply for up to 31.50 lakh shares, both in multiples of 1000 shares.
Important Note on UPI Mandate
Investors applying via UPI should complete the mandate request before 5:00 PM on May 14, 2025. Applications with a valid RC100 status will be considered. It is advised to apply early to avoid last-minute issues.
To apply or read more about the IPO, visit the official BSE India page.
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