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Veefin Solutions Eyes BSE Mainboard & NSE Listing
10 Sep
Summary
- Veefin is migrating shares from BSE SME to BSE mainboard.
- The company plans a direct listing on the NSE mainboard.
- Veefin's revenue significantly increased to ₹352.3 crore in FY26.
Veefin Solutions announced on September 9, 2026, that it has begun the process of migrating its shares from the BSE SME platform to the BSE mainboard. Concurrently, the company intends to pursue a direct listing on the NSE mainboard.
An information memorandum was submitted to the BSE on September 8, 2026, detailing 2,55,39,417 fully paid-up shares. Veefin clarified that no shares are being offered or sold through this memorandum. The proposed migrations are contingent upon receiving necessary approvals from regulatory bodies and exchanges.
Since its listing on the BSE SME in July 2023, Veefin has expanded its offerings in areas like supply chain finance and digital banking. Raja Debnath, Co-founder and Managing Director, highlighted this as a significant milestone reflecting the company's evolution.
Financially, Veefin Solutions demonstrated strong performance, with consolidated total revenue surging to ₹352.3 crore in FY26, a considerable increase from ₹80.44 crore in FY25. Net profit also rose to ₹31.96 crore, up from ₹16.26 crore in the prior fiscal year.
