Virtual Galaxy Infotech Ltd

Initial public offer of upto 66,60,000 equity shares of face value of Rs.10/- each (the equity shares) of Virtual Galaxy Infotech Limited (the company or Virtual Galaxy or VGIL or the issuer) for cash at a price of Rs.[] per equity share including a share premium of Rs.[] per equity share (the issue price) aggregating to Rs.[] crores (the issue), of which upto [] equity shares of face value of Rs.10/- each for cash at a price of Rs.[] per equity share including a share premium of Rs.[] per equity share aggregating to Rs.[] crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e., net issue of upto [] equity shares of face value of Rs.10/- each at a price of Rs.[] per equity share including a share premium of Rs.[] per equity share aggregating to Rs.[] crores is herein after referred to as the net issue. the issue and the net issue will constitute []% and []% respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs.10/- each. the issue price is [] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company in consultation with the book running lead manager.