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Open
22 Jun 2023
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Close
26 Jun 2023
3
Allotment
—
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Listing
Wed, Jul 5, 2023
Price Band
₹82 per share
Issue Size
56,99,200 shares (agg. up to ₹47 Cr)
Lot Size
1,600 Shares
Listing Date
Wed, Jul 5, 2023
Latest GMP
₹3
Est. Gain
3.66%
✦ AI Insight
GMP Trend
05-07-2023₹3Est. ₹85+3.66%
04-07-2023₹3Est. ₹85+3.66%
03-07-2023₹1Est. ₹83+1.22%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.44x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jan 2023 | 31 Mar 2022 |
|---|---|---|
| Assets | 48.22 | 16.08 |
| Total Income | 12.62 | 6.55 |
| Profit After Tax | 3.50 | 0.70 |
| NET Worth | 42.93 | 9.25 |
| Reserves and Surplus | 24.59 | 9.24 |
| Total Borrowing | 0.51 | 3.46 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sahana System Ltd. | SME | ₹32.74 Cr | ₹135 | 16.88 | ₹171.15 | +26.78% | ₹887.85 |
| Sancode Technologies Ltd. | SME | ₹5.15 Cr | ₹47 | 10.71 | ₹60.80 | +29.36% | ₹638.45 |
| Vertexplus Technologies Ltd. | SME | ₹14.20 Cr | ₹96 | 28.83 | ₹106.05 | +10.47% | ₹60.35 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Global – sales and marketing expenditure | 4.80 |
| 2 | Developing new products or enhancement and maintenance, upgrading or updating existing products; and | 15.50 |
| 3 | General corporate purposes | 2.54 |
About Veefin Solutions IPO
Updated on Aug 5, 2026
Contact Details
Veefin Solutions Ltd. AddressOff No-601, 602 & 603Neelkanth Corporate IT ParkKirol Road, Vidhyavihar (West)Mumbai, Maharashtra, 400086+91 9004917712investors@veefin.comVisit Website