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Veefin Solutions Ltd share Price Today

Company details

312.00
324.90
85.13
409.75
6M Return 22.38%
1Y Return 247.04%
Mkt Cap.(Cr) 663.37
Volume 32,800
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 32,800

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Veefin Solutions Ltd shares SWOT Analysis

Strengths (6)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Rising Net Cash Flow and Cash from Operating activity
  • Company with Low Debt

Weakness (0)

Data not found

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (0)

Data not found

Resistance and support

R1 321.3
R2 329.6
R3 334.2
Pivot

316.67

S1 308.4
S2 303.8
S3 295.5
EMA SMA
297.2
297.1
292.1
260.7
292.8
297.2
310.1
273.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SHETH BROTHER Bulk Purchase 2023-07-19 109.37 108800 BSE
SHETH BROTHER Bulk Sell 2023-07-19 109.55 107200 BSE
INDIA EQUITY FUND 1 Bulk Purchase 2023-07-14 93.83 193600 BSE
Name Category Shares
RAJA DEBNATH PROMOTER 33.51%
GAUTAM VIJAY UDANI PROMOTER 6.33%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Veefin Solutions Ltd Stocks COMPARISON

Financials( in Cr) Veefin Solutions Ltd Tata Consultancy Services Ltd Infosys Ltd HCL Technologies Ltd Wipro Ltd
Price 313.10 3,815.10 1,498.20 1,437.20 491.85
% Change -1.53 -0.44 0.62 0.43 3.01
Mcap Cr 663.37 1,380,336.75 621,882.89 390,007.93 256,998.41
Revenue TTM Cr 14.08 240,893.00 153,670.00 101,456.00 90,487.60
Net Profit TTM Cr 4.28 46,099.00 26,248.00 14,845.00 11,366.50
PE TTM 96.94 29.75 23.75 24.73 22.60
1 Year Return 247.04 17.35 15.21 26.53 24.06
ROCE 18.37 62.85 44.74 27.62 17.11
ROE 16.01 51.04 37.12 23.32 15.89
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 44.04 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 32,550.52 645.34
LAST 3M 103,712.87 -29,605.88
LAST 6M 176,931.00 -14,371.69
LAST 12M 290,309.13 100,312.35

Veefin Solutions Ltd Information

Stock PE (TTM)
96.94
Promoter Holding
39.84%
Book Value
53.8133
ROCE
18.37%
ROE
16.01%
Description
  • Veefin Solutions Limited (Formerly known Veefin Solutions Private Limited) was incorporated as a Private Limited by the Registrar of Companies, Manesar on October 14, 2020. Subsequently, Company converted into a Public Limited Company and name of the Company has been changed to "Veefin Solutions Limited" through fresh Certificate of incorporation dated May 15, 2023 in Mumbai. The Company is a Digital Lending and Supply Chain Finance (SCF) technology product solutions company based in Mumbai. Supply Chain finance is a financial tool used to help businesses manage their cash flow and improve working capital. It provide product solutions to clients globally, including Banks, Non-Banking Financial Institutions, FinTech, Marketplaces, and Corporates. The technology product solutions are unique offering, which are designed with user-led approach, data and analytics, and built by experienced bankers for bankers. SCF product and platform are highly flexible for configuration. This empowers bankers and financial institutions to offer customised solutions to their clients, tailoring loan products both regular and transaction-based on clients` unique requirements. Veefin embarked on its journey in 2019 to create ground-breaking productized solutions for supply chain finance industry. Over the years, it achieved significant milestones, developing innovative products. The Company started building standard SCF Products with innovative and scalable methodology. In 2020, the Company acquired the product business undertaking of M/s. Infini Systems Private Limited, one of the Group Companies that deals with software products and services including a range of software products such as Supply Chain Finance Software, Loan Origination System, Loan Management System, Collection Management System, Sales CRM, Digital Tools for SME clients of banks, etc. It completed the comprehensive and feature-rich versions of VF and DF, which involved the creation of essential features such as program creation, company establishment, and mapping. These functionalities formed the backbone of Company`s solution, enabling seamless operations and efficient management of supply chain finance processes. 2021 marked a significant year for Company as it developed an agile Loan Origination System (LOS). This low-code, loan product-agnostic system provided customers with unparalleled flexibility and adaptability. Throughout the year, it introduced numerous industry-first functionalities and automation, enhancing the capabilities of LOS. Concurrently, it upgraded SCF Transaction Management System to Version 2, incorporating advanced features and launching multiple loan products that were readily available. In year 2022, the Company took on the challenge in pioneering solution for Deep Tier Supplier Finance (DTSCF). It witnessed refinement and evolution of LOS, as the Company strove to make it more dynamic. The Company has embarked on the conceptualization and development of Dynamic Discounting in 2023. Moreover, it is presently working towards the establishment of India`s largest Embedded Finance marketplace in providing comprehensive financial solutions and empowering businesses in finance sector. The Company has proposed a Public Offer of issuing Equity Shares aggregating Rs 56,99,200, comprising 28,49,600 Equity Shares through Fresh Issue and 28,49,600 Equity Shares through Offer for sale.

Registered Address

# 601 602 & 603 Neelkanth, Corporate IT Park Kirol Rd Vid, Mumbai, Maharashtra, 400086

Tel : +91 9004917712
Email : investors:veefin.com
Website : http://www.veefin.com
Registrar

Bigshare Services Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1600
BSE Code : 543931
NSE Code :
Book Closure Date (Month) : Sep
BSE Group : M
ISIN : INE0Q0M01015

FAQ’s on Veefin Solutions Ltd Shares

You can buy Veefin Solutions Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Veefin Solutions Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 18, 2024 04:01 PM the closing price of Veefin Solutions Ltd was Rs.313.10.

The latest PE ratio of Veefin Solutions Ltd as of Jun 18, 2024 04:01 PM is 96.94

The latest PB ratio of Veefin Solutions Ltd as of Jun 18, 2024 04:01 PM is 0.17

The 52-week high of Veefin Solutions Ltd share price is Rs. 409.75 while the 52-week low is Rs. 85.13

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 18, 2024 04:01 PM, the market cap of Veefin Solutions Ltd stood at Rs. 663.37.

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