The credit gap witnessed by the MSME sector was expected to be at ₹103 trillion in FY 2024. Moreover, the vehicle financing landscape is also anticipating a Compound Annual Growth Rate (CAGR) of 13% between 2024 and 2027. Amidst these trends, Veritas Finance is gearing up to launch its IPO.
KFin Technologies Limited is registering the Veritas Finance IPO. Check the allotment status. Moreover, the IPO is being managed by several renowned entities. Some of them are listed below.
To get a complete Veritas Finance IPO review, check out the Veritas Finance IPO DRHP.
Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.
Now, let’s explore the different loan varieties offered by Veritas and the concentration of each in its total AUM, before we move on to the Veritas Finance IPO share price and other details.
This section analyses the key details of the IPO, like the Veritas Finance IPO price, size, date, timeline and more.
The Veritas Finance DRHP has not disclosed the IPO date yet. However, the DRHP dated 18 January 2025 has been filed and approved.
Get a demat account with a top broker today, before investing in any IPO.
Let’s analyse the key strengths and risks of the company as disclosed by the Veritas Finance DRHP.
Strengths
Fastest growth among peers in terms of loans.
Wide network of in-house distribution.
Data-driven credit assessment.
Short turnover time and controlled operational parameters.
Risks
High credit risk due to the nature of the credit and clients.
Substantial fund requirements.
Interest rate volatility impacts business.
Working capital loans are unsecured.
The Veritas Finance IPO GMP is unavailable at this point. However, it might get updated soon. Click here for the latest GMP update. Moreover, don’t forget to check the detailed Veritas Finance IPO analysis, along with their RHP and DRHP, before you decide to invest in any IPO.
Stay tuned with the live subscription status before hitting APPLY.
What is the Veritas Finance IPO price?
The face value of each share is set at ₹10. The price range is currently unavailable. To check out the latest Grey Market price, click here.
How to get the Veritas Finance IPO DRHP?
Click here to view the Veritas Finance IPO DRHP. Note that the RHP is not out yet. And for a summarised take of highlights, visit Finnpick.
What is the Veritas Finance IPO review?
The Veritas Finance IPO is currently trading at 0 in the Grey Market. India has a robust NBFC sector. The company has its advantages and risks. Check out the detailed analysis at Finnpick and view the live subscription before further research.
Do I need a demat account to invest in the Veritas Finance IPO?
A demat account is non-negotiable to invest in any IPO or stock market-related asset. Click here to make a demat account with the top providers in India before investing in the IPO.
Should I invest in Veritas Finance IPO?
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