Veefin Solutions Limited IPO
Veefin Solutions Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹82 per share. The stock debuted at ₹86.05, delivering a listing gain of 4.9%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,31,200.
Veefin Solutions Limited IPO
- IPO Dates
- Jun 22, 2023 – Jun 26, 2023
- Price band
- ₹82 per equity share
- Minimum Investment
- ₹1,31,200
- Issue size
- Total Issue Size: 5,699,200 shares(aggregating up to ₹46.73 Cr) #Fresh Issue: 2,849,600 shares(aggregating up to ₹23.37 Cr) #Offer for Sale: 2,849,600 shares of ₹10(aggregating up to ₹23.37 Cr)
- Lot size
- 1600
- Allotment Date
- Jun 30, 2023
- Listing
- Jul 5, 2023
- Listing At
- BSE SME
IPO timeline
-
Jun 22, 2023
Open Date
Completed
-
Jun 26, 2023
Close Date
Completed
-
Jun 30, 2023
Allotment Date
Completed
-
Jul 5, 2023
Listing Date
Completed
Veefin Solutions Limited IPO Essentials
Veefin Solutions Limited IPO Details
Veefin Solutions Limited IPO is priced at ₹82 per share with a total issue size of Total Issue Size: 5,699,200 shares(aggregating up to ₹46.73 Cr) #Fresh Issue: 2,849,600 shares(aggregating up to ₹23.37 Cr) #Offer for Sale: 2,849,600 shares of ₹10(aggregating up to ₹23.37 Cr). The IPO has a lot size of 1600 shares and is listed on BSE SME.
- Issue price
- ₹82 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Total Issue Size: 5,699,200 shares(aggregating up to ₹46.73 Cr)
#Fresh Issue: 2,849,600 shares(aggregating up to ₹23.37 Cr)
#Offer for Sale: 2,849,600 shares of ₹10(aggregating up to ₹23.37 Cr) - Listing at
- BSE SME
- List price
- 86.05
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Shreni Shares Private Limited
Veefin Solutions Limited IPO Details
- Retail Portion N/A
Veefin Solutions Limited IPO Documents
Veefin Solutions Limited IPO Analytics
Veefin Solutions Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Veefin Solutions Limited IPO Subscription Status
Veefin Solutions Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,705,600 | 2,705,600 | 5,411,200 |
|
Day 1
22-06-23 06:00 PM
|
(0.80) x | 0.20 x | 0.50 x |
|
Day 2
23-06-23 06:00 PM
|
(1.48) x | 0.59 x | 1.05 x |
|
Day 3
26-06-23 06:00 PM
|
(3.38) x | 1.65 x | 2.52 x |
Veefin Solutions Limited Valuations
Returns
- RoNW
- N/A%
Veefin Solutions Limited Financials( In Lakhs)
| 31-Jan-23 | 31-Mar-22 | |
|---|---|---|
| Assets | 4,821.70 | 1,607.93 |
| Revenue | 1,262.36 | 655.19 |
| Profit After Tax | 350.02 | 70.01 |
Veefin Solutions Limited Company & Offer Insights
About Veefin Solutions Limited
Veefin Solutions Limited is a Digital Lending and Supply Chain Finance (SCF) technology product solutions company based in Mumbai.
Veefin Solutions has two main segments:
Supply Chain Finance Technology Solutions
Digital Lending Suite Solutions
The Supply Chain Finance Solutions segment is focused on providing technology-driven financing solutions that can streamline supply chain financing processes and help businesses manage their cash flow more effectively.
The Digital Lending Suite Solutions segment is designed to provide financial institutions with a comprehensive suite of solutions that help them improve their lending operations and deliver a better customer experience.
Veefin Solutions' client list includes Banks, Non-Banking Financial Institutions, FinTech, Marketplaces, and Corporates such as Yes Bank, IndusInd Bank, Indian Bank, Citi Bank, BRAC, VP Bank, Riyadh Bank, Aditya Birla Capital, Mintifi, Ambit Finvest, and others.
Veefin Solutions Limited Promoter(s)
Mr. Raja Debnath, Mr. Gautam Vijay Udani are the company's promoters of Veefin Solutions Limited.
Veefin Solutions Limited IPO Issue Objectives
- •
- Global sales and marketing expenditure
- •
- Developing new products or enhancement and maintenance, upgrading or updating existing products
- •
- General Corporate Purpose.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Veefin Solutions Limited IPO is a Fixed Priced IPO worth ₹Total Issue Size: 5,699,200 shares(aggregating up to ₹46.73 Cr) #Fresh Issue: 2,849,600 shares(aggregating up to ₹23.37 Cr) #Offer for Sale: 2,849,600 shares of ₹10(aggregating up to ₹23.37 Cr). The issue price is ₹82 per share (fixed price). The IPO opens on Jun 22, 2023 and closes on Jun 26, 2023. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Veefin Solutions Limited IPO is ₹82 per share (fixed price).
The lot size of Veefin Solutions Limited IPO is 1600 shares.
The minimum investment for Veefin Solutions Limited IPO is approximately ₹1,31,200 based on the issue price .
Veefin Solutions Limited IPO opens on Jun 22, 2023 and closes on Jun 26, 2023.
The allotment date of Veefin Solutions Limited IPO is Jun 30, 2023.
Veefin Solutions Limited IPO is expected to be listed on Jul 5, 2023, on BSE SME Platform.
Veefin Solutions Limited IPO valuation snapshot: P/E N/A, EPS ₹N/A/-, P/B N/A, RoNW N/A%, and market cap N/A.
To apply for Veefin Solutions Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Veefin Solutions Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Veefin Solutions Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Veefin Solutions Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Veefin Solutions Limited IPO allotment status on IPO Ji for quick and easy access.