Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Veefin Solutions's share price for the quarter that ended in Mar. 2024 was ₹307. Veefin Solutions's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 22.6 Mil. Therefore, Veefin Solutions's market cap for the quarter that ended in Mar. 2024 was ₹6,929.9 Mil.
Veefin Solutions's quarterly market cap
increased
from Mar. 2023 (₹0.0 Mil) to Sep. 2023 (₹4,510.8 Mil) and
increased
from Sep. 2023 (₹4,510.8 Mil) to Mar. 2024 (₹6,929.9 Mil).
Veefin Solutions's annual market cap
stayed the same
from Mar. 2022 (₹0.0 Mil) to Mar. 2023 (₹0.0 Mil) but then
increased
from Mar. 2023 (₹0.0 Mil) to Mar. 2024 (₹6,929.9 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Veefin Solutions's Enterprise Value for Today is ₹6,788.0 Mil.
Veefin Solutions Market Cap Historical Data
The historical data trend for Veefin Solutions's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Veefin Solutions Market Cap Chart
Veefin Solutions Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Market Cap
-
-
-
6,929.94
Veefin Solutions Semi-Annual Data
Mar21
Mar22
Mar23
Sep23
Mar24
Market Cap
-
-
-
4,510.82
6,929.94
Competitive Comparison of Veefin Solutions's Market Cap
For the Software - Infrastructure subindustry, Veefin Solutions's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Veefin Solutions's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Veefin Solutions's Market Cap distribution charts can be found below:
* The bar in red indicates where Veefin Solutions's Market Cap falls into.
Veefin Solutions Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Veefin Solutions's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Veefin Solutions (BOM:543931) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Veefin Solutions Market Cap Related Terms
Thank you for viewing the detailed overview of Veefin Solutions's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Veefin Solutions (BOM:543931) Business Description
Veefin Solutions Ltd is a Digital Lending and Supply Chain Finance (SCF) technology product solutions company based in Mumbai. Supply Chain Finance is a financial tool that is used to help businesses manage their cash flows and improve their working capital. The company provides its product solutions to a wide range of clients globally, including Banks, Non-Banking Financial Institutions, FinTech, Marketplaces, and Corporates. Its technology product solutions are offerings, which are designed with a user-led approach, data, and analytics, and built by experienced bankers for bankers. The company operates in two segments; Supply Chain Finance Technology Solutions and Digital Lending Suite Solutions.
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