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NIS Management IPO vs Virtual Galaxy Infotech IPO

Comparison between NIS Management IPO and Virtual Galaxy Infotech IPO.

IPO Details

NIS Management IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Virtual Galaxy Infotech IPO is a SME Bookbuilding proposed to list at NSE SME.

 NIS Management IPOVirtual Galaxy Infotech IPO
LogoNIS Management IPO LogoVirtual Galaxy Infotech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersShare India Capital Services Pvt.Ltd.Smart Horizon Capital Advisors Pvt.Ltd.
RegistrarMaashitla Securities Pvt.Ltd.Maashitla Securities Pvt.Ltd.
Market MakerShare India Securities Ltd.Alacrity Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of NIS Management IPO is up to ₹56.34 Cr whereas the issue size of the Virtual Galaxy Infotech IPO is up to ₹88.52 Cr. The final issue price of NIS Management IPO is ₹111.00 per share and of Virtual Galaxy Infotech IPO is ₹142.00 per share.

 NIS Management IPOVirtual Galaxy Infotech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹105.00 per share₹135.00 per share
Issue Price (Upper)₹111.00 per share₹142.00 per share
Issue Price (Final)₹111.00 per share₹142.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1000 shares
Fresh Issue Size43,32,000 shares62,34,000 shares
Fresh Issue Size (Amount)up to ₹48.09 Crup to ₹88.52 Cr
OFS Issue Size7,44,000 shares0 shares
OFS Issue Size (Amount)up to ₹8.26 Crup to ₹0.00 Cr
Issue Size Total50,76,000 shares62,34,000 shares
Issue Size Total (Amount)up to ₹56.34 Crup to ₹88.52 Cr

IPO Timetable

NIS Management IPO opens on Aug 25, 2025, while Virtual Galaxy Infotech IPO opens on May 09, 2025. The closing date of NIS Management IPO and Virtual Galaxy Infotech IPO is Aug 28, 2025, and May 14, 2025, respectively.

 NIS Management IPOVirtual Galaxy Infotech IPO
Anchor Bid DateAug 22, 2025May 08, 2025
Issue OpenAug 25, 2025May 09, 2025
Issue CloseAug 28, 2025May 14, 2025
Basis Of Allotment (Tentative)Aug 29, 2025May 15, 2025
Initiation of Refunds (Tentative)Sep 01, 2025May 16, 2025
Credit of Share (Tentative)Sep 01, 2025May 16, 2025
Listing date (Tentative)Sep 02, 2025May 19, 2025
Anchor Lockin End date 1Sep 28, 2025Jun 14, 2025
Anchor Lockin End date 2Nov 27, 2025Aug 13, 2025

Financials & KPIs

NIS Management IPO P/E ratio is 9.13, as compared to Virtual Galaxy Infotech IPO P/E ratio of 15.71.

 NIS Management IPOVirtual Galaxy Infotech IPO
FinancialsEBITDA

Virtual Galaxy Infotech Limited Financial Information (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets116.9384.3667.80
Total Income63.5859.7643.44
Profit After Tax16.540.720.40
Net Worth41.4020.4020.14
Reserves and Surplus30.409.409.14
Total Borrowing38.6438.8535.56
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.9987.95
Promoter Shareholding (Post-Issue)69.6364.72
P/E Ratio9.1315.71
Market Cap₹219.78 Cr.₹353.13 Cr.
ROE13.10%53.52%
ROCE17.63%31.68%
Debt/Equity0.550.93
EPS₹12.15₹9.04
RoNW13.10%39.95%

Shares Offered

In the NIS Management IPO Retail Individual Investors (RII) are offered 17,88,000 shares while in Virtual Galaxy Infotech IPO retail investors are offered 17,88,000 shares. Qualified Institutional Buyers (QIB) are offered 10,08,000 shares in NIS Management IPO and 12,44,000 shares in Virtual Galaxy Infotech IPO.

 NIS Management IPOVirtual Galaxy Infotech IPO
Anchor Investor Reserveration15,06,000 shares18,40,000 shares
Market Maker Reserveration3,30,000 shares3,36,000 shares
QIB10,08,000 shares12,44,000 shares
NII7,74,000 shares9,50,000 shares
RII17,88,000 shares22,00,000 shares
Employee0 shares0 shares
Others
Total50,76,000 shares62,34,000 shares

Bids Received (Subscription)

NIS Management IPO subscribed 3.13x in total, whereas Virtual Galaxy Infotech IPO subscribed 231.45x.

 NIS Management IPOVirtual Galaxy Infotech IPO
QIB (times)2.12x129.72x
NII (times)9.15x590.27x
Big NII (times)12.89x
Small NII (times)1.67x
RII (times)1.10x134.03x
Employee (times)
Other (times)
Total (times)3.13x231.45x