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Company Information

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VEEFIN SOLUTIONS LTD.

20 December 2024 | 12:00

Industry >> IT Consulting & Software

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ISIN No INE0Q0M01015 BSE Code / NSE Code 543931 / VEEFIN Book Value (Rs.) 53.82 Face Value 10.00
Bookclosure 27/09/2024 52Week High 754 EPS 3.28 P/E 207.40
Market Cap. 1534.63 Cr. 52Week Low 224 P/BV / Div Yield (%) 12.63 / 0.00 Market Lot 400.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our company was originally incorporated as a private limited under the name "Veefin Solutions Private Limited" under the provisions of The Companies Act, 2013 and certificate of incorporation was issued by the Registrar of Companies, Central Registration Centre, Manesar on October 14, 2020. Subsequently, our Company has been converted into a public limited company and the name of our Company changed to "Veefin Solutions Limited" pursuant to a special resolution passed at the Extra-Ordinary General Meeting of our Company held on May 05, 2023 and a fresh Certificate of incorporation dated May 15, 2023 has been issued by the Registrar of Companies, Mumbai. The Corporate Identity Number of our Company is U72900MH2020PLC347893.

MAJOR EVENTS IN THE HISTORY
2020
-Incorporation of Company as Private Limited Company in the style "Veefin Solutions Private Limited"
-Acquired the product business undertaking of M/s. Infini Systems Private Limited, one of our group companies that deals with software products and services which includes 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.

2021
Entered Software License Agreement with BRAC Bank Limited, Bangladesh through our subsidiary, Veefin Solutions Limited, Bangladesh

2022
-Entered Software License Agreement with Capri Global Capital Limited, Mumbai
-Entered Software License Agreement with Eastern Bank Limited, Bangladesh through our subsidiary, Veefin Solutions Limited, Bangladesh
-Entered Software License Agreement with Hero Fincorp Limited, Delhi
-Entered Software License Agreement Indusind Bank Limited, Pune
-Entered Software License Agreement with Visage Holdings and Finance Private Limited "Kinara Capital", Bengaluru
-Entered Software License Agreement with Riyadh Bank, Saudi Arabia
-Entered Software License Agreement with Yes Bank Limited, Mumbai
-Awarded as "Most Innovative Supply Chain Finance Solution" at Fintech India Summit and Awards, 2022
-Awarded as "Best Trade Finance Implementation - Best Program Governance" at IBS Intelligence Global Fintech Innovation Awards, 2022
-Recognized as Top 100 Emerging Startups Globally by TIE Global Summit

2023
-Awarded as The Economic Times Future Ready Organisations under the Start-up category
-Entered a strategic partnership with 6 Sigma Financial Consultancy Ltd, Dubai
-Conversion of our Company from Private Limited to Public Limited Company by change of name from "Veefin Solutions Private Limited" to "Veefin Solutions Limited"