Veefin Solutions Limited
ListedSMEInformation Technology · BSE
Veefin Solutions Limited, incorporated in 2020 and based in Mumbai, is a technology company specializing in Digital Lending and Supply Chain Finance (SCF) solutions. The company operates through two main segments: Supply Chain Finance Technology Solutions, which streamlines financing processes and helps businesses manage cash flows efficiently, and Digital Lending Suite Solutions, which provides financial institutions with comprehensive tools to enhance lending operations and customer experience. Veefin Solutions serves a wide range of clients including banks, NBFCs, FinTechs, marketplaces, and corporates, such as Yes Bank, IndusInd Bank, Indian Bank, Citi Bank, BRAC, VP Bank, Riyadh Bank, Aditya Birla Capital, Mintifi, and Ambit Finvest. The company has been recognized for its innovation, receiving awards such as “Most Innovative Supply Chain Finance Solution” at the Fintech India Summit & Awards 2022 and “Solution of the Year 2021; SCF” at the Inflection Web Conference by Alden Global, CSCMP, SIMM & NASSCOM.
Price Band
₹82
Issue Size
₹46.73 Cr
Lot Size
1600 shares
GMP
₹3
+3.7%
Est. Listing
₹85
at current GMP
Subscribed
2.46x
overall
Open
22 Jun 2023
Close
26 Jun 2023
Allotment
1 Jul 2023
Refund
2 Jul 2023
Demat Credit
3 Jul 2023
Listing
5 Jul 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Information Technology segment
- •Price band established at ₹82 - ₹82 per equity share
- •Minimum bid lot is 1600 shares
- •Estimated listing target of ₹85 based on current grey market activity