Veefin Solutions IPO Date, GMP, Review, Price, Form & Market Lot Details

The Veefin Solutions IPO has begun on 22 June 2023. It will close on 26 June 2023. The Total IPO Size is 46.73 Crore. The company set its IPO price is 82 Rs Per Share. Basically, There are two basic categories in Veefin Solutions IPO Subscription 1) NII 2) Retail Individual Investors (RIIs).

Veefin Solutions is established in 2020.

Veefin Solutions is an Digital Lending and Supply Chain Finance (SCF) technology product solutions company based in Mumbai.

They provide their product solutions to wide range of clients globally, including Banks, Non-Banking Financial Institutions, FinTech, Marketplaces, and Corporates.

Check :- Upcoming SME IPO 2023

Veefin Solutions IPO Promotors

Name of the Promoter No. of Shares held Average cost of Acquisition (in ₹ )
Raja Debnath 86,77,110 0.0085
Gautam Vijay Udani 16,39,400 0.0085
Total Pre Issue 1,03,16,510 (56.26%)

Veefin Solutions IPO Date, Details & Price Band

IPO Opening Dates 22 June 2023
IPO Closing Dates 26 June 2023
Price Band 82 Rs Per Share
Fresh issue 23.37 Crore
OFS issue 23.37 Crore
Total IPO size 46.73 Crore
Minimum bid (lot size) 1600 Shares
Face Value 10 INR Per Share
NII 50%
Retail Allocation 50%
Listing On BSE SME

Veefin Solutions IPO Market Lot

The Veefin Solutions IPO minimum market lot is 1600 shares With 1,31,200 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 1600 1,31,200 Rs
Maximum 1 1600 1,31,200 Rs
S-HNI (Min) 2 3200 2,62,400 Rs

Restated Financial Record of the three year (Amt. in Lakhs)

Total Assets Total Revenue Profit After Tax
31-Mar-22 1,607.93 655.19 70.01
31-Jan-23 4,821.70 1,262.36 350.02
EPS (₹) NAV (₹) RoNW (%) borrowings (Lakhs)
31-Mar-22 1.91 23.41 7.57 50.81
31-Jan-23 0.48 6.36 8.15 346.32

Industry Peers

There are no listed companies in India.

Veefin Solutions IPO GMP Grey Market Premium

Veefin Solutions IPO GMP Grey market premium has been started today. Check Latest Veefin Solutions IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.

Veefin Solutions IPO Prospectus

Veefin Solutions IPO
DRHP Download
RHP Download

Veefin Solutions IPO Reviews (Avoid)

IPOwala – Avoid

Veefin Solutions IPO Form Download

Veefin Solutions IPO is available on BSE Website as well as on our Portal. Please click here Veefin Solutions IPO form Download.

Veefin Solutions IPO Allotment Date & Details

Allotment Date 30 June 2023
Initiation of refunds 3 July 2023
Transfer of shares to Demat accounts 4 July 2023
Listing Date 5 July 2023
Check Allotment Status Click here

Registrar of Veefin Solutions IPO

Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093, Maharashtra, India
Telephone: 022 – 6263 8200
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Contact Person: Mr. Babu Rapheal C
SEBI Registration No.: INR000001385

Veefin Solutions Contact Details

Veefin Solutions Limited
Off No-601, 602 & 603,
Neelkanth Corporate IT Park,
Kirol Road, Vidhyavihar (West), Mumbai – 400 086
Phone: +91 9004917712
Email: [email protected]

Veefin Solutions IPO Lead Managers

Office No. 102, 1st Floor, Sea Lord CHS, Ram Nagar, Borivali (West), Mumbai
– 400 092, Maharashtra, India
Telephone: 022 – 2808 8456
E-mail: [email protected]
Investors Grievance e-mail: [email protected]
Contact Person: Mr. Parth Shah/Ms. Kritika Rupda
SEBI Registration Number: INM000012759

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