Veefin Solutions IPO Subscription Details

Fixed Price IPO | ₹47 Cr | Listed at BSE SME | Thu, Jun 22, 2023 - Mon, Jun 26, 2023

Basis of Allotment - Veefin Solutions IPO

Details NII Retail Total
Allocation (No. of shares)27,05,60027,05,60054,11,200
Allotment price (Rs.)828282
No.of applications2562,7192,975
No.of shares applied88,28,80043,50,4001,31,79,200
Amount collected (Rs.cr.)72.40 35.67 108.07
No.of times subscribed3.261.612.44
No.of shares allotted27,05,60027,05,60054,11,200
Amount (Rs.cr.)22.19 22.19 44.37
No.of allottees01,6911,691

IPO Shares Offered

Veefin Solutions IPO is a public issue of 0.54 Cr equity shares. The issue offers 0.27 Cr shares to retail investors , 0.27 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,88,0002.36 5.05%
Other* 27,05,60022.19 47.47%
Retail27,05,60022.19 47.47%
Total56,99,20046.73 100%

IPO Subscription FAQs

The Veefin Solutions IPO is subscribed 2.46 times by Jun 26, 2023 19:02.

Veefin Solutions IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional3.26
Retail Individual1.65
Total Subscription2.46

Retail category of Veefin Solutions IPO subscribed 1.65 times as of date Jun 26, 2023 19:02. The public issue closes on Mon, Jun 26, 2023 for bidding.

An investor can apply in Veefin Solutions IPO online via bank (using ASBA) or the broker (using UPI). The Veefin Solutions IPO shares are offered online only.

The Veefin Solutions IPO is subscribed 2.46 times by Jun 26, 2023 19:02.

The Veefin Solutions IPO allotment status is expected on or around Friday, June 30, 2023. Visit Veefin Solutions IPO allotment status to check.

The Veefin Solutions IPO listing date is July 5, 2023. The equity share of Veefin Solutions IPO will list on BSE SME.

Visit Veefin Solutions IPO subscription status page for real-time bidding information about Veefin Solutions IPO.

Veefin Solutions IPO Timetable

IPO opens OnThursday, June 22, 2023
IPO Closes OnMonday, June 26, 2023
Finalisation of Basis of AllotmentFriday, June 30, 2023
Initiation of RefundsMonday, July 3, 2023
Credit of Shares to Demat AccountTuesday, July 4, 2023
IPO Listing DateWednesday, July 5, 2023
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