Allotment of Equity shares on Preferential basis
Price
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Veefin Solutions Ltd has allotted 5,31,279 equity shares on a preferential basis to non-promoter investors at Rs. 391 per share, which includes a premium of Rs. 381 over the face value of Rs. 10. The company raised approximately Rs. 20.77 crores (Rs. 20,77,30,089) from this tranche. This is part of a larger approved preferential issue of 12,99,857 shares, with the remaining 7,68,578 shares to be allotted within 15 days of the BSE in-principle approval received on December 10, 2025. The shares were subscribed by 13 investors, with the largest being Sr Global Fund L.P. (PAN-Asia Select Portfolio) taking 1,50,000 shares. Post-allotment, the paid-up equity share capital increased from Rs. 24.39 crores to Rs. 24.92 crores, taking total equity shares to 2,49,24,686.
Existing shareholders face dilution as the share count rises by about 2.2%. The company has raised fresh capital of Rs. 20.77 crores at a strong premium, and the entry of a foreign fund (Sr Global Fund L.P.) as the largest subscriber signals institutional confidence. Short-term stock price may face pressure due to dilution, though the high issue price suggests robust investor interest.