The Data Memorandum covers 2,55,39,417 totally paid-up fairness shares of face worth ₹10 every. No fairness shares are proposed to be bought or provided pursuant to the Data Memorandum
Veefin Options Ltd, a worldwide enterprise banking expertise firm, has initiated the method for migration of its fairness shares from the SME platform of BSE to the mainboard of BSE and direct itemizing on the mainboard platform of NSE.
The corporate has submitted its Data Memorandum to BSE on Tuesday for migration and also will file an software for direct itemizing on NSE after receipt of requisite approval from BSE, in accordance with the relevant regulatory and alternate necessities.
The corporate received listed on BSE SME platform on July 5, 2023. Since its itemizing, Veefin has expanded its expertise platform and product portfolio throughout a number of areas, together with Provide Chain Finance, Commerce Finance, Money Administration, Digital Banking, Mortgage Origination, Mortgage Administration and Collections, amongst different capabilities.
The corporate has additionally expanded its ecosystem of monetary establishments, expertise companions and enterprise clients whereas growing its presence throughout India and worldwide markets together with Asia, Africa and West Asia.
Veefin’s expertise platforms are designed to allow banks, NBFCs, fintech corporations, and company shoppers to digitise crucial workflows throughout lending, transaction banking, working capital and monetary companies.
Raja Debnath, Chairman and Managing Director, Veefin Options, stated the corporate has considerably expanded its product portfolio, buyer ecosystem and worldwide presence since itemizing on the SME platform.
The migration to mainboard displays the evolution of Veefin as an enterprise banking expertise firm because it continues to construct scalable expertise platforms for monetary establishments globally, he added.
Gautam Vijay Udani, Entire-Time Director, Veefin Options, stated the corporate has made steady funding in expertise platforms, growth into adjoining banking workflows and growing adoption throughout markets.
The proposed migration to the mainboard of BSE and NSE is a major step for the corporate and its stakeholders because it enters the subsequent section of progress journey, he added.
The Data Memorandum covers 2,55,39,417 totally paid-up fairness shares of face worth ₹10 every. No fairness shares are proposed to be bought or provided pursuant to the Data Memorandum, stated the corporate.
Revealed on September 10, 2026
