What is the issue size of the Veritas Finance Limited IPO?

The total issue size is ₹900.00 crore.

Veritas Finance Limited IPO — Dates, Price Band, Lot Size, Financials & Prospectus Analysis | Anvest

RHP Filed — Dates AwaitedMAINBOARD

Veritas Finance Limited

Price Band

—

Total Issue Size

₹900 Cr

Bidding Window

—

Market Lot

—

Subscription

—

Issue Timeline & Lifecycle

DRHP Filed

3 Aug 2026

RHP Filed

3 Aug 2026

Issue Opens

Not announced

Issue Closes

Not announced

Allotment

Not announced

Exchange Debut

Not announced

DRHP Filed

3 Aug 2026

RHP Filed

3 Aug 2026

Issue Opens

Not announced

Issue Closes

Not announced

Allotment

Not announced

Exchange Debut

Not announced

AI Company Profile

AI Snapshot

Veritas Finance Limited provides financial products, primarily business loans, tailored to the unique needs and cash flow patterns of borrowers, fostering long-term relationships and loyalty. Issue size ₹900.00 cr.

Founded:2015HQ:SKCL Central Square 1, South and North Wing, 7th Floor, Unit # C28 - C35, CIPET Road, Thiru Vi Ka Industrial Estate, Guindy, Chennai 600 032, Tamil Nadu, India

What Looks Strong

ProspectusFast growing, diversified, granular and largely secured portfolio.
ProspectusWidespread, deep and largely in-house distribution network.
ProspectusData-driven credit assessment and robust risk management framework.

What to Watch

The offer document states no risk factor that could be verified.

Fundamentals & Key Metrics

Period:FY26

Profitability & Returns

5 items

EBITDA Marginℹ

56.74%

Profit Marginℹ

17.91%

RoNWℹ

10.57%

Basic EPSℹ

₹25.17

Book Valueℹ

₹238.18

Financial Health & Solvency

2 items

Net Worthℹ

₹3,126.88 Cr

Operating Cash Flowℹ

-₹1,439.72 Cr

Financials at a glance

Restated Unspecified

Statement: Income StatementPeriod: Restated Multi-Year (FY)

Shareholding, Ownership & Dilution

13 disclosed holders

Pre-Offer Shareholding Distribution

Breakdown of major disclosed shareholders prior to the issue

100.00% Pre-Issue

100%Pre-Offer

Norwest Venture Partners X - Mauritius

21.58%

Kedaara Capital Fund II LLP

15.08%

British International Investment plc

10.33%

D. Arulmany

9.35%

Lok Capital Growth Fund

8.08%

Others

35.58%

Ownership Impact of the IPO

What is newly issued, what changes hands, and what stays put

The capital base is disclosed, but the offer is not priced and no complete offered-share count is available yet. A percentage would be speculative at this stage.

Disclosed Pre-Offer Shareholders Table

AI Summary

Filing-backed

Prospectus Research

Analyze business model, competitive strengths, use of issue proceeds, and disclosed risk factors with official page citations.

Issue intermediaries

Lead book managers

ICICI Securities Limited, IIFL Capital Services Limited, JM Financial Limited, SBI Capital Markets Limited

Registrar to the issue

KFin Technologies Limited

Listing venues

NSE,BSE

Listed Peer Valuation & Returns

Industry Avg P/E:18.39x

Industry Avg P/B:2.62x

Swipe left / right to view all valuation metrics→

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Aptus Value Housing Finance India Limited	₹285.25	15.14x	₹13,976 Cr	₹2.25K Cr	₹18.84	₹101.05	2.82x	—
Aavas Financiers Limited	₹1,515.5	18.45x	₹11,022 Cr	₹2.68K Cr	₹82.14	₹637.07	2.38x	13.96%
SBFC Finance Limited	₹92.51	22.56x	₹10,016 Cr	₹1.68K Cr	₹4.10	₹33.67	2.75x	13.09%
Sundaram Finance Limited	₹4,608.7	24.67x	₹49,051 Cr	₹9.87K Cr	₹186.81	₹1340.51	3.44x	—

Official Prospectus Filings

Veritas Finance Limited - DRHP Veritas Finance Limited - Abridged Prospectus

Type: DRHP · Published: 2026-08-03

Veritas Finance Limited

Issue Timeline & Lifecycle

What Looks Strong

What to Watch

Profitability & Returns

Financial Health & Solvency

Disclosed Pre-Offer Shareholders Table

AI Summary

Prospectus Research

Issue intermediaries

Listed Peer Valuation & Returns

Official Prospectus Filings

Frequently Asked Questions