Fintech SaaS Company Veefin Migrates To NSE, BSE Mainboard
India, Nov. 11 -- BSE SME listed Veefin Solutions has migrated to the main board of the National Stock Exchange (NSE) and the BSE, more than three years after its SME IPO. Veefin's shares opened for trade on the BSE mainboard at Rs.249.75 (2.5% higher than previous close) and at Rs.250.84 on the NSE.
Veefin's market capitalisation as of 13:20 IST stood at Rs.633.76 Cr ($67.61 Mn). Shares of Veefin were trading 1.2% higher at Rs.249 apiece on the BSE and 1.2% higher at Rs.246.65 apiece on the NSE around 13:30 IST.
Veefin listed on the BSE SME platform in July 2023 at Rs.86.05, a near 5% premium from its IPO price. The company's Rs.46.73 Cr IPO comprised about 57 Lakh shares, with equal parts of fresh issue and offer for sale shares.
Its...
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