Vaibhav Vyapaar
Price band ₹51–54 · Issue ₹42.10 Cr
Market attention score 33 (how ranked)
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Capital required
Approximate retail outlay for Vaibhav Vyapaar at the issue price band (lot × lots).
Est. capital
₹1,02,000 – ₹1,08,000
Lot size 2,000 · up to ₹54/share
Prefer smaller tickets before listing? Explore unlisted & pre-IPO shares.
Opens
13 Oct 2026
Closes
15 Oct 2026
Allotment
16 Oct 2026
Listing
21 Oct 2026
Lot size
2,000
Overview
Vaibhav Vyapaar IPO is a book build issue of ₹42.10 crores. The issue is entirely a fresh issue of 77.96 lakh shares of ₹42.10 crore.
Vaibhav Vyapaar IPO opens for subscription on Oct 13, 2026 and closes on Oct 15, 2026. The allotment for the Vaibhav Vyapaar IPO is expected to be finalized on Oct 16, 2026. Vaibhav Vyapaar IPO will list on the NSE SME with a tentative listing date fixed as Oct 21, 2026.
Vaibhav Vyapaar IPO is set issue price band at ₹51 to ₹54 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,16,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,24,000.
GetFive Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Vaibhav Vyapaar IPO RHP for detailed Information.
Issue details
IPO Date
13 to 15 Oct, 2026
Listing Date
Wed, Oct 21, 2026
Face Value
₹5 per share
Price Band
₹51 to ₹54
Lot Size
2,000 Shares
Sale Type
Fresh capital only
Issue Type
Bookbuilding IPO
Listing At
NSE SME
Lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4000 | ₹2,16,000 |
| Individual investors (IND) (Max) | 2 | 4000 | ₹2,16,000 |
| S-HNI (Min) | 3 | 6000 | ₹3,24,000 |
| S-HNI (Max) | 9 | 18000 | ₹9,72,000 |
| B-HNI (Min) | 10 | 20000 | ₹10,80,000 |
Issue reservation
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB | 36,94,000 | 49.88% | 47.38% |
| − Anchor Investor | 22,00,000 | 28.22% | |
| − QIB (Ex. Anchor) | 14,94,000 | 19.16% | |
| NII (HNI) | 11,16,000 | 15.07% | 14.32% |
| − bNII > ₹10L | 7,44,000 | 9.54% | |
| − sNII < ₹10L | 3,72,000 | 4.77% | |
| Retail | 25,96,000 | 35.05% | 33.30% |
| Firm Reservations | |||
| Market Maker | 3,90,000 | 5.00% | |
| Total | 77,96,000 | 100.00% | 100.00% |
About the company
Incorporated in February 2009, Vaibhav Vyapaar Limited is a Non-Banking Financial Company (NBFC) providing unsecured personal loans to salaried and self-employed individuals through its fully digital lending platform. The Company provides personal loans under the “LoanFront” brand through its mobile application, which supports loan origination, customer verification, due diligence, underwriting, documentation, disbursal and repayment. It provides loans through both direct lending and co-lending arrangements with other NBFCs and also generates revenue by providing application and technology services to other NBFCs. Its lending operations primarily cater to salaried and self-employed borrowers, including first-time borrowers and lower-income salaried professionals across urban and semi-urban regions of India.
The Company follows a technology-enabled lending model supported by digital verification, credit assessment, credit decisioning and risk evaluation tools. It has been operating its digital lending business through the LoanFront platform for the last six years. The Company was acquired by CapFront Technologies Private Limited in October 2019, following which it continued to expand its digital lending operations. As of July 31, 2026, the Company had Assets Under Management (AUM) of ₹812.41 crore, net worth of ₹471.96 crore and a debt-to-equity ratio of 0.80.
As of July 31, 2026, the Company had 56 employees, including 17 employees in technology, 11 in operations and 11 in risk functions. Its operations are supported by an experienced management team with expertise in digital lending and financial services.
- Technology-driven digital lending platform.
- Focus on underserved and first-time borrowers.
- Strong market understanding and customer insights.
- Diversified lending model through direct and co-lending.
- Disciplined underwriting framework and robust risk management.
Financials
| Metric | 31 Jul 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 96.16 | 84.23 | 55.04 | 61.18 |
| Total Income | 18.15 | 37.64 | 25.34 | 25.46 |
| Profit After Tax | 3.01 | 1.97 | 1.48 | 0.45 |
| EBITDA | 7.51 | 10.84 | 7.07 | 5.38 |
| NET Worth | 47.20 | 29.19 | 27.22 | 25.74 |
| Reserves and Surplus | 37.00 | 21.14 | 23.19 | 21.71 |
| Total Borrowing | 37.90 | 46.80 | 22.66 | 26.76 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Jul 31, 2026 | Mar 31, 2026 |
|---|---|---|
| ROE | 7.87% | 6.99% |
| ROCE | 12.44% | 26.99% |
| Debt/Equity | 0.80 | 1.60 |
| RoNW | 6.37% | 6.75% |
| PAT Margin | 16.70% | 5.36% |
| EBITDA Margin | 41.72% | 29.47% |
| NAV | 23.15 | 18.13 |
| P/B (x) | 2.25 | 2.87 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
0.97
P/E (x)
53.61
Market Cap at Offer Price
₹106.01 Cr.
Objects of the issue
- Augment the capital base of the company
- General Corporate Purpose
Intermediaries
Registrar
Kfin Technologies Ltd.
Lead manager(s)
GetFive Advisors Pvt.Ltd.
FAQs
How to apply in Vaibhav Vyapaar IPO through Zerodha?+
Zerodha customers can apply online in Vaibhav Vyapaar IPO using UPI as a payment gateway. Zerodha customers can apply in Vaibhav Vyapaar IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Vaibhav Vyapaar IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Vaibhav Vyapaar IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Vaibhav Vyapaar IPO will open?+
The Vaibhav Vyapaar IPO opens on Tue, Oct 13, 2026 and closes on Thu, Oct 15, 2026.
What is the lot size of Vaibhav Vyapaar IPO?+
Vaibhav Vyapaar IPO lot size is 2000 , and the minimum amount required for application is ₹2,16,000 , with 2 lots being the minimum application size .
How to apply for Vaibhav Vyapaar IPO?+
You can apply in Vaibhav Vyapaar IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Vaibhav Vyapaar IPO allotment?+
The finalization of Basis of Allotment for Vaibhav Vyapaar IPO will be done on Friday, October 16, 2026 , and the allotted shares will be credited to your demat account by Mon, Oct 19, 2026 . Check the Vaibhav Vyapaar IPO allotment status .
When is Vaibhav Vyapaar IPO listing date ?+
The Vaibhav Vyapaar IPO listing date is not yet announced. The tentative date of listing is Wed, Oct 21, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.