IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Veritas Finance IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ [●] Cr. The company is based in Chennai and caters to Banking And Finance sector. Hdfc Bank , ICICI Securities , Jefferies India , Kotak Mahindra Capital Company , Nuvama Wealth Management are the merchant bankers of Veritas Finance IPO. It is a MainBoard Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th January 2025.
Veritas Finance IPO posted revenues of ₹ 1440.20 crores and PAT of ₹ 266.20 crores in FY25 on annualised basis.
Revenue:
₹ 1,433.70 Cr.
EBITDA Margin:
58.03
% 
Net Worth: ₹ 2610.65 Cr.
Market Capitalisation:
[●]
P/E:
[●]
P/BV: [●]
EV/EBITDA: [●]
Financial results of Veritas Finance IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Sep-24 | FY24 | FY23 | FY22 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 7605.66 | 6421.59 | 4086.28 | 2642.47 | |
| Net Worth | 2610.65 | 2329.55 | 1591.25 | 1408.05 | |
| Total Debt | 4889.42 | 3995.81 | 2425.32 | 1195.65 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
716.85
1,433.70 |
1111.20 | 680.23 | 442.09 | |
EBITDA
EBITDA on annualised basis |
415.96
831.92 |
660.94 | 416.45 | 244.00 | |
PAT
PAT on annualised basis |
133.11
266.22 |
245.05 | 176.40 | 75.40 | |
Veritas Finance IPO PAT Margin is 18.57 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Veritas Finance IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Sep-24 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| EBITDA Margin (%) | 58.03 | 59.48 | 61.22 | 55.19 |
| PAT Margin (%) | 18.57 | 22.05 | 25.93 | 17.06 |
| EPS (₹) | 10.10 | 19.04 | 14.85 | 6.75 |
| ROE (%) | 5.10 | 10.52 | 11.09 | 5.35 |
| ROCE (%) | [●] | [●] | [●] | [●] |
| ROA (%) | 1.75 | 3.82 | 4.32 | 2.85 |
| Debt to Equity | 1.87 | 1.72 | 1.52 | 0.85 |
The market Capitalisation of Veritas Finance IPO is ₹ [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Veritas Finance IPO prospectus highlights an Return on Equity (ROE) of 15 %, Return on Assets (ROA) of 12 %, and an EBITDA Margin of 18 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Veritas Finance IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Veritas Finance IPO is ₹ [●] Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Veritas Finance IPO has a Price-to-Earnings (PE) ratio of [●], indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Veritas Finance IPO reported revenue of ₹ 1440.20 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Veritas Finance IPO provide insights into sales growth, market demand, and business scalability.
Veritas Finance recorded an EBITDA of ₹ 831.92 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Veritas Finance Profit After Tax (PAT) is ₹ 266.22 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 1,433.70 Cr.
EBITDA Margin:
58.03
%
Net Worth: ₹ 2610.65 Cr.
Market Capitalisation:
[●]
P/E:
[●]
P/BV: [●]
EV/EBITDA: [●]
Veritas Finance operates in Banking And Finance and . The Issue is listed on BSE,NSE in May, 2025. Veritas Finance IPO size was with Issue price of .
Merchant Banker(s) of Veritas Finance IPO: Hdfc Bank Limited , ICICI Securities Limited , Jefferies India Private Limited , Kotak Mahindra Capital Company Limited , Nuvama Wealth Management Limited
Veritas Finance IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Veritas Finance IPO listed at a listing price of against the offer price of .
The current market price of Veritas Finance is .
Why Us?
