Veefin Solutions Moves to NSE and BSE Main Boards
The Mumbai fintech software company began main board trading on November 11, 2026, a little over three years after its SME listing.
Key Takeaways
- Veefin Solutions began trading on the NSE and BSE main boards on November 11, 2026.
- It had listed on the BSE SME platform in July 2023 through a Rs 46.73 crore IPO.
- H1 FY27 revenue rose about 116% to about Rs 238.8 crore; net profit rose about 127% to about Rs 24.9 crore.
- Veefin reported an open deal pipeline of about Rs 920 crore, about 84% of it from outside India.
- The company said its next phase of growth will come from its AI platform, AIOS.
Table of Contents 7 sections
- Veefin's main board move at a glance
- Veefin's revenue more than doubled in the first half of FY27
- How Veefin got from the SME platform to the main boards
- Gautam Udani on arriving at the main boards as a multi-product company
- What Veefin says it is building next with AIOS
- Where Veefin stands after its main board debut
- FAQs
Veefin Solutions, a Mumbai-based fintech software company, began trading on the main boards of the National Stock Exchange (NSE) and BSE on November 11, 2026. The move comes a little over three years after Veefin listed on the BSE SME platform in July 2023.
Veefin first came to the market with a Rs 46.73 crore IPO on the SME platform. On the main boards, its shares can be bought and sold one at a time instead of in the fixed lots used on the SME platform. Alongside the move, the company said it is changing its web address from veefin.com to veefin.ai.
Veefin's main board move at a glance
| Detail | Value |
|---|---|
| Company | Veefin Solutions |
| What happened | Moved from the BSE SME platform to the NSE and BSE main boards |
| Trading on main boards began | November 11, 2026 |
| SME listing | July 2023, through a Rs 46.73 crore IPO |
| H1 FY27 revenue | About Rs 238.8 crore, up about 116% |
| H1 FY27 net profit | About Rs 24.9 crore, up about 127% |
| Headquarters | Mumbai |
Veefin's revenue more than doubled in the first half of FY27
For the six months ended September 30, 2026 (H1 FY27), Veefin's group revenue rose about 116% year on year to about Rs 238.8 crore. Its net profit rose about 127% to about Rs 24.9 crore over the same period.
Veefin also reported an open deal pipeline of about Rs 920 crore with its half-year results. About 84% of that pipeline comes from banks and financial institutions outside India, with Southeast Asia a key market.
How Veefin got from the SME platform to the main boards
Veefin was founded in 2020 in Mumbai by Raja Debnath and Gautam Udani. It builds lending, supply chain finance and transaction banking software for banks. Udani is its vice chairperson and chief operating officer.
| When | What happened |
|---|---|
| 2020 | Veefin founded in Mumbai by Raja Debnath and Gautam Udani |
| July 2023 | Listed on the BSE SME platform through a Rs 46.73 crore IPO |
| September 2026 | Received in-principle approval from BSE to move to its main board |
| November 11, 2026 | Began trading on the NSE and BSE main boards |
Gautam Udani on arriving at the main boards as a multi-product company
"We listed on the SME platform three years ago as a supply chain finance technology company. We come to the main boards as a multi-product company whose revenue has more than doubled in the past year, and with many more investors able to take part in what we build next."
"Every bank and every business has work that involves reading information, moving between systems, following rules and getting approvals. That is the work AIOS is built for. We are running it in our own implementation, support and testing teams first, so that what we take to customers has already been proven on our own work."
What Veefin says it is building next with AIOS
Veefin said its next phase of growth will come from the Veefin AI Operating System (AIOS), a platform on which a business can create, deploy and supervise AI employees for defined roles. The company said it has built more than 1,000 reusable AI skills and is already using AIOS in its own customer implementation, customer support and software testing teams.
Where Veefin stands after its main board debut
Veefin now trades on the NSE and BSE main boards, a little over three years after its Rs 46.73 crore SME IPO. In the first half of FY27, its revenue was about Rs 238.8 crore and its net profit was about Rs 24.9 crore. The company said it is moving its web address to veefin.ai as it builds out AIOS.
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Frequently Asked Questions
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