Virtual Galaxy Infotech shares debuted on the NSE SME platform with a 26.76% premium, listing at Rs 180. The IPO, priced at Rs 142, was oversubscribed 200 times, driven by non-institutional interest. Proceeds will fund expansion, debt repayment, and product enhancement.
NSE pays Rs 715 crore to settle pending Rs 1,491-crore co-location case ahead of IPO
NSE has paid the remaining Rs 714.74 crore to Sebi, completing the Rs 1,491.21-crore settlement of the long-pending colocation and dark fibre cases. The payment