Veritas Finance ₹2,800 Crore IPO: DRHP Filed with SEBI, What Investors Can Expect
2025-01-20
MSN
Veritas Finance Limited has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a public issue of up to ₹2,800 crore. The IPO will consist of equity shares with a face value of ₹10 each, and the promoter-selling shareholder will undertake the offer for sale (OFS) entirely. This upcoming IPO is expected to attract significant attention from investors, with the Indian stock market witnessing a surge in initial public offerings (IPOs) in recent times, driven by the growth of the fintech industry and increasing demand for digital payments. Key players in the finance sector are keeping a close eye on this development, as it may impact the market trends and stock prices.
