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Veefin Solutions IPO is a book build IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Banking And Finance - FinTech sector. Shreni Shares is the merchant banker of Veefin Solutions IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th May 2023.
Veefin Solutions IPO posted revenues of Rs 15.14 crores and PAT of Rs 4.20 crores in FY23 on annualised basis.Financial results of Veefin Solutions IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
Veefin Solutions IPO PAT Margin is 28.85%, ROCE (Return on Capital Employed) is 11.32% as per latest financial. The below table shows Veefin Solutions IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
The market Capitalisation of Veefin Solutions IPO is Rs 173.74 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Veefin Solutions IPO prospectus highlights an Return on Equity (ROE) of 15%, Return on Assets (ROA) of 12%, and an EBITDA Margin of 18%, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Veefin Solutions IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Veefin Solutions IPO is ₹173.74 Cr, based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Veefin Solutions IPO has a Price-to-Earnings (PE) ratio of 41.41 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Veefin Solutions IPO reported revenue of ₹15.14 Cr in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Veefin Solutions IPO provide insights into sales growth, market demand, and business scalability.
Veefin Solutions recorded an EBITDA of ₹ 5.82 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Veefin Solutions Profit After Tax (PAT) is ₹4.20 Cr, reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 14.56 Cr.
EBITDA Margin:
39.98
%
Net Worth: ₹ 42.93 Cr.
Market Capitalisation:
₹ 173.74 Cr.
P/E:
41.41 times
P/BV: 1.94 times
EV/EBITDA: 29.39 times
Veefin Solutions operates in Banking And Finance - FinTech and Financial Service Provider. The Issue is listed on BSE SME in Jul, 2023. Veefin Solutions IPO size was 46.73 with Issue price of 82.00 .
Merchant Banker(s) of Veefin Solutions IPO: Shreni Shares Limited
Veefin Solutions IPO subscription was 2.46 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Veefin Solutions IPO listed at a listing price of 86.05 against the offer price of 82.00.
The current market price of Veefin Solutions is 302.20.
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