With over 200x subscription, Virtual Galaxy Infotech IPO leaves investors starry-eyed. Check allotment, GMP

Virtual Galaxy Infotech’s IPO saw overwhelming demand, being subscribed over 200 times, fueled by strong investor interest across all categories. Allotment finalization is expected today, with investors eagerly awaiting results and a robust grey market premium of 53%. The IPO comprised a fresh issue of 6.57 million shares, aiming to raise Rs 93.29 crore, with listing scheduled for May 19.

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