Virtual Galaxy IPO Ends GMP at ₹83, Investors Rush In
Clock’s Ticking – Last Few Hours to Apply
If you’ve been thinking about investing in the Virtual Galaxy Infotech IPO, you’re almost out of time. The subscription closes today at 5 PM. This isn’t just any IPO ,it’s one that’s caught major attention especially with a grey market premium (GMP) sitting at ₹83. That kind of buzz doesn’t happen every day.
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Investors Flood In, IPO Oversubscribed 147x
By early afternoon today, this SME IPO was already oversubscribed by 147 times. Yes you read that right. Over 1.7 lakh people have applied. And they’ve requested more than 37 crore shares. That says a lot about the kind of excitement this offer has stirred up.
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What’s the Big Deal About GMP?
GMP, or grey market premium, gives a hint at how the stock might list. For example the issue price is ₹142. If you add ₹83 GMP, the listed price may be around ₹225. Close to a 60% increase if the hype holds up. GMP is not a certifiable thing more akin to market psychology Preview Only.
What’s the Entry Ticket?
You’ll need to buy at least one lot,to get in it.That’s 1,000 shares. With the price band between ₹135 and ₹142, your minimum investment is ₹1.35 lakh. It’s not cheap, but the demand suggests people are willing to take the leap.
Heads Up: It’s an SME IPO
This offer is part of the SME (Small and Medium Enterprises) platform on NSE. These types of IPOs usually come with higher risk—and sometimes bigger rewards. So it’s a good idea to read the fine print before you put your money in.
Wrap-Up: Act Before the Bell Rings
All in all, today’s your last shot. If Virtual Galaxy is on your radar, now’s the time. You know what you are signing, check before you jump in