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Veefin Solutions Limited

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.

₹82 - ₹822.46x sub
Listed Price86.05
Listing Gain+4.94%
TimelineFixed Price Issue IPO
Open22 Jun 2023
Close26 Jun 2023
Allotment01 Jul 2023
Listing05 Jul 2023

Quota Reservation Portions

Market MakerPortion: 2,88,000 shares
5.05%
Nii (hni)Portion: 27,05,600 shares
47.47%
RetailPortion: 27,05,600 shares
47.47%

Minimum Application Bracket Matrix

Retail1 lots / 1,600 shares
₹1,31,200
HNI2 lots / 3,200 shares
₹2,62,400

About the Company

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.

Company Promoters

Mr. Raja DebnathMr. Gautam Vijay Udani

Registrar

Bigshare Services Private Limited