
Information 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
+3.7%
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: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹82
Band: ₹82
Estimated Listing Price
₹85
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,31,200
Estimated Profit / Lot
₹4,800
1600 × ₹3
Grey Market Premium trend
+₹3
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹3 | 3.7% | ₹85 |
| 30 Oct 2026 | +₹3 | 3.7% | ₹85 |
| 29 Oct 2026 | +₹3 | 3.3% | ₹85 |
GMP is unofficial market data. Not a guarantee of listing performance.
Veefin Solutions Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹46.73 Crores. The shares are offered at a price band of ₹82 to ₹82 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-06-26, the basis of allotment is scheduled to be finalized on 2023-07-01. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Veefin Solutions Limited IPO is ₹3, which indicates an expected listing price of ₹85.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.