Virtual Galaxy Infotech IPO is creating buzz with a Grey Market Premium (GMP) of ₹87 per share, suggesting potential listing gains of ₹87,000 per lot. Key highlights:
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Overwhelming Demand: The IPO was oversubscribed by 231 times.
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Price Band: Set at ₹142 per share, with a lot size of 1,000 shares.
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Allotment Date: Final allotments to be completed on May 15, 2025.
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Listing Date: Scheduled for May 19, 2025, on the NSE SME platform.
👉 Why this matters: Such high GMP and oversubscription rates indicate strong investor confidence and potential for significant returns.
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