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15 Days Price Change

Veefin Solutions IPO

Closing In

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WEBSITE Inc. Year: 2020 Industry: IT - Software Listed Page

Profile
Issue Size --
Profile
Price Range 82  to  82 per share
Profile
Min Investment ₹82
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Veefin Solutions Ltd is a dynamic and innovative technology company that specializes in providing cutting-edge software solutions and IT services to businesses across various industries. With a strong focus on delivering exceptional value to its clients, Veefin Solutions leverages its expertise in software development, cloud computing, artificial intelligence, and data analytics to drive digital transformation and optimize operational efficiency. The company offers a comprehensive suite of services, including custom software development, mobile app development, web design and development, software testing and quality assurance, and IT consulting. With a team of highly skilled professionals, Veefin Solutions is committed to delivering tailor-made solutions that meet the unique needs and challenges of its clients. By staying at the forefront of technology advancements and continuously refining its processes, Veefin Solutions strives to empower businesses to achieve their goals and stay ahead in today's competitive landscape. Read More

Basic Info

Face Value 10 per share

Price 82  to  82 per share

P/E (x) 13.9

Sales( Cr.) 79

PAT( Cr.) 16

EPS 5.9

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Mr. Raja Debnath Mr. Gautam Vijay Udani

Pre Issue Share Holding 84.34%

Post Issue Share Holding --%

Listing Details:

Listing Price: 86.05

Listing Gain: 4.71%

Current Price: 326.1

Gain On Issue: 326.1 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jun 22, 2023
Closing Date Jun 26, 2023
Allotment Jun 27, 2023
Refund Jun 28, 2023
Delivery of Shares Jun 28, 2023
Listing Date Jun 29, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1600 131,200
Retail (Max) 1 1600 131,200
S-HNI (Min) 2 3200 262,400
S-HNI (Max) 7 11200 918,400
B-HNI (Min) 8 12800 1,049,600

Objective of the Issue

1. Global sales and marketing expenditure 2. Developing new products or enhancement and maintenance, upgrading or updating existing products 3. General Corporate Purpose.

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 2849600 9289696 3.3x
Retail 2849600 4701840 1.7x
EMP 0 0 0x
Total 5699200 14020032 2.5x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Veefin Solutions Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 7 14 25 79
Other Income 0 0 0 2
Total Income 7 14 25 80
Total Expenditure 5 9 14 54
Operating Profit 1 6 11 26
Interest 0 0 0 1
Depreciation 0 0 1 5
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 1 5 10 21
Provision for Tax 0 1 2 4
Profit After Tax 1 4 7 16
Adjustments 0 0 0 -3
Profit After Adjustments 1 4 7 13
Adjusted Earnings Per Share 0.6 2.3 3.3 5.9

Veefin Solutions Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 9 44 124 450
Minority's Interest 0 0 2 18
Borrowings 4 1 4 7
Other Non-Current Liabilities 0 2 4 7
Total Current Liabilities 3 5 10 39
Total Liabilities 16 52 145 522
Fixed Assets 14 41 94 363
Other Non-Current Assets 0 0 2 45
Total Current Assets 2 10 48 114
Total Assets 16 52 145 522

Veefin Solutions Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 1 31
Cash Flow from Operating Activities 0 -0 8 1
Cash Flow from Investing Activities -6 -24 -45 -273
Cash Flow from Financing Activities 6 26 68 284
Net Cash Inflow / Outflow 0 1 30 11
Closing Cash & Cash Equivalent 0 1 31 43

Veefin Solutions Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.63 2.33 3.28 5.88
CEPS(Rs) 0.75 2.46 3.69 9.39
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 6.49 22.7 48.04 182.79
Core EBITDA Margin(%) 16.79 36.92 43.5 31.12
EBIT Margin(%) 14.24 38.19 39.82 26.98
Pre Tax Margin(%) 13.94 37.84 38.72 26.1
PAT Margin (%) 13.94 30.38 29.61 20.69
Cash Profit Margin (%) 16.54 31.99 33.37 27.18
ROA(%) 5.6 12.58 7.52 4.88
ROE(%) 9.7 16.76 9.85 6.2
ROCE(%) 7.17 18.57 11.39 7.15
Receivable days 46.11 107.31 125.73 137.94
Inventory Days 0 0 0 0
Payable days 0 0 0 0
PER(x) 0 0 93.63 45.67
Price/Book(x) 0 0 6.39 1.47
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.49 1.29 26.7 7.39
EV/Core EBITDA(x) 2.9 3.25 61.27 22.09
Net Sales Growth(%) 0 114.95 77.39 214.74
EBIT Growth(%) 0 476.54 84.98 113.23
PAT Growth(%) 0 368.28 72.87 119.92
EPS Growth(%) 0 270.78 40.58 79.43
Debt/Equity(x) 0.38 0.02 0.05 0.03
Current Ratio(x) 0.53 2.01 4.91 2.92
Quick Ratio(x) 0.53 2.01 4.91 2.92
Interest Cover(x) 48.82 110.16 36.11 30.8
Total Debt/Mcap(x) 0 0 0.01 0.02

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 216% 124% 0% 0%
Operating Profit CAGR 136% 196% 0% 0%
PAT CAGR 129% 152% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -0% NA% NA% NA%
ROE Average 6% 11% 11% 11%
ROCE Average 7% 12% 11% 11%

Company Contact Information

Veefin Solutions Ltd.

Global One, 2nd Floor 252, Lal Bahadur Shastri Marg Kurla (West)

IPO Lead Manager(s)

Veefin Solutions Ltd.

Shreni Shares Limited

Registrar Info

Veefin Solutions Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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