IPO Details

About Company

Virtual Galaxy Infotech Limited (VGIL), founded in 1997 and based in Nagpur, Maharashtra, is a prominent IT services and consulting firm with a strong focus on digital solutions across diverse industries. With over two decades of experience, VGIL has built deep expertise in the BFSI sector, along with capabilities in ERP, e-Governance, Cloud Computing, IoT, and System Integration. Its flagship product, "e-banker", is a comprehensive Core Banking Solution deployed in over 5,000 bank branches across India and select international markets. Designed to meet the dynamic needs of banking institutions, it supports transaction automation, customer service, and regulatory compliance. VGIL serves a broad client base, including commercial banks, cooperative banks, NBFCs, SACCOs, and corporate clients in the sugar, textiles, fertiliser, seed, and education sectors. The company operates in over 15 Indian states and has a presence in Tanzania and Malawi. With 329 professionals as of December 31, 2024, VGIL is committed to delivering secure and scalable solutions. The company holds multiple ISO certifications, reflecting strong quality and security standards. Its key strengths include specialized BFSI offerings, sectoral diversification, recurring revenues from long-term clients, and experienced leadership.