Support and Resistance Levels
Past performance
About Virtual Galaxy Infotech Ltd Virtual Galaxy Infotech Limited, established in 1997 in Nagpur, India, is a leading provider of IT solutions specializing in the BFSI (Banking, Financial Services, and Insurance) sector, ERP systems, and E-governance. Originally incorporated as a private entity, it transitioned to a public limited company on September 12, 2024. Under the visionary leadership of Avinash Narayanrao Shende and Sachin Purushottam Pande, the company serves a diverse clientele including banks, NBFCs, cooperative societies, and industries such as textiles, sugar, fertilizers, and education.
The company’s flagship product, *E-Banker*, is a core banking solution tailored for banks, societies, and NBFCs, offered both on-premises and as Software as a Service (SaaS). Other key products include *IBS-ERP*, an industry-specific ERP solution, and *e-APMC*, an e-governance software for Agricultural Produce Market Committees and government organizations. Recent additions to its portfolio include *V-Pay*, a digital payments solution, *V-SOC* for cybersecurity, and loan origination systems (LOS), reflecting its continued innovation in technology-driven financial solutions.
With expertise in software development, installation, customization, and post-implementation services, Virtual Galaxy Infotech delivers secure and integrated solutions for banking and financial ecosystems. The company’s operations span consultation, solution design, monitoring, and ongoing maintenance. Notable milestones include launching an in-house data center in 2011, expanding internationally with a CBS project in Tanzania, and introducing *e-Autopsy*, a forensic ERP software for government use.
Virtual Galaxy Infotech is now preparing for growth through an Initial Public Offering (IPO) of 6,660,000 equity shares via fresh issue. This move positions the company for expansion and increased market visibility, making it a potential opportunity for traders keen on investing in the tech-driven BFSI and ERP sectors.