Veefin Solutions has completed its migration to the main boards of the National Stock Exchange and the Bombay Stock Exchange, marking a significant shift from its previous listing on the BSE SME platform. According to Inc42, the company’s shares began trading on the BSE mainboard at ₹249.75 and on the NSE at ₹250.84 on November 11, 2026. This transition occurs more than three years after Veefin’s initial public offering on the SME platform in July 2023. The move is designed to broaden investor participation, as mainboard listings allow for individual share transactions rather than the fixed trading lots required on the SME platform.
Financial performance underpins this strategic shift, with Inc42 reporting that Veefin’s consolidated net profit for the first half of FY27 rose 127% year-on-year to ₹24.9 crore. Operating revenue for the same period increased 116% to ₹238.8 crore. The company also disclosed a deal pipeline valued at approximately ₹920 crore, with 84% of these opportunities originating from overseas markets, particularly Southeast Asia. In the second quarter of FY27, net profit climbed 61% sequentially to ₹15.3 crore, while operating revenue grew 9% to ₹124.7 crore.
Alongside the listing, Veefin announced a rebranding of its digital presence from veefin.com to veefin.ai, signaling a strategic pivot toward artificial intelligence. The company is developing the Veefin AI Operating System, a platform that enables enterprises to deploy digital employees for specific roles. Inc42 noted that Veefin has developed over 1,000 reusable AI skills and is currently deploying the system internally across customer implementation, support, and software testing functions. This expansion aims to cross-sell the platform to existing clients and reach enterprises beyond the financial services sector.
Gautam Udani, vice chairperson and co-founder of Veefin Group, stated that the company is now a multi-product entity with more than doubled revenue. He noted that the mainboard listing allows many more investors to participate in the company's next phase of growth. Veefin, founded in 2020 in Mumbai, originally focused on supply chain finance and has since expanded into trade finance, loan origination, and digital banking. The company has also pursued growth through acquisitions, including stakes in White Rivers Media, Walnut AI, and EpikInDiFi.