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Veritas Finance IPO is a Book Building IPO 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 open date is [●] and close date is [●]. IPO Allotment Date is [●] and Listing date is [●].
IPO
Size:
₹ Cr.
Avg IPO Size (Sector Based)
: ₹
1,777.43 cr.
Sector: Banking And Finance
IPO so far:
79
Merchant Banker:
Hdfc Bank
IPO by BRLM so far:
27
City:
Chennai
IPO so far:
7
Revenue (annualised):
₹
1440.20
cr. 
PE
Ratio:
x
Average Sector PE Ratio: 20.56x
Veritas Finance IPO size is ₹ [●] with IPO price of ₹ [●]. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hdfc Bank Limited is the book-running lead manager of the Veritas Finance IPO. Kfin Technologies Limited is the Registrar for Veritas Finance IPO.
Veritas Finance IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Veritas Finance IPO, based in Chennai, operates in the Banking And Finance sector with a focus on . The company is launching its MainBoard Upcoming IPO on the BSE,NSE exchange, using the Book Building Issue method. Veritas Finance IPO size is ₹ [●] with fresh issue size of ₹ [●] and Offer for sale being ₹ Nil
The IPO allotment date for Veritas Finance IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Veritas Finance IPO allotment status on the registrars website, Kfin Technologies Limited . Veritas Finance IPO refund dates are [●].
Veritas Finance IPO is expected to be listed on [●].
The upper price band for the Veritas Finance IPO is set at ₹ [●] per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Veritas Finance IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Veritas Finance IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of [●]. After submission, funds are blocked until the basis of allotment of Veritas Finance IPO is finalised.
The merchant banker for Veritas Finance IPO is Hdfc Bank Limited , ICICI Securities Limited , Jefferies India Private Limited , Kotak Mahindra Capital Company Limited , Nuvama Wealth Management Limited . Hdfc Bank Limited , ICICI Securities Limited , Jefferies India Private Limited , Kotak Mahindra Capital Company Limited , Nuvama Wealth Management Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Veritas Finance IPO RHP for further details.
The registrar for Veritas Finance IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Veritas Finance IPO through their official website or helpline.
Veritas Finance IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
[●]
Avg IPO Size (Sector Based)
:
₹ 1,777.43 Cr.
Sector: Banking And Finance
IPO so far:
79
Merchant Banker:
Hdfc Bank
IPO by BRLM so far:
27
City:
Chennai
IPO so far:
7
Revenue (annualised):
₹ 1,433.70 cr.
PE
Ratio:
[●]
Average Sector PE Ratio: 20.56x
Veritas Finance IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Veritas Finance Financial Review Page
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 .
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