Vaibhav Vyapaar IPO: Price Band, Lot Size, Financials & Review
Vaibhav Vyapaar IPO opens on Tue, 13 Oct 2026 and closes on Thu, 15 Oct 2026. The price band is ₹50 – ₹52 with a lot of 2000 shares, so one retail lot costs ₹2,08,000 at the upper band.
Last updated
- Price band
- ₹50 – ₹52
- Lot size
- 2,000 shares
- Min. investment
- ₹2,08,000
- Issue size
- ₹40.54 Cr
Vaibhav Vyapaar IPO details
Vaibhav Vyapaar IPO is a ₹40.54 Cr book-building IPO on the SME segment, listing on NSE. It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
The issue opens on Tue, 13 Oct 2026 and closes on Thu, 15 Oct 2026. Allotment is expected on Fri, 16 Oct 2026 and listing on Wed, 21 Oct 2026.
The price band is ₹50 to ₹52 per share and the lot size is 2000 shares, so the minimum retail application is ₹2,08,000. Retail investors can apply for up to 2 lots (4,000 shares, ₹2,08,000).
KFin Technologies Limited is the registrar, and Getfive Advisors Private Limited is the book running lead manager.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Qualified Institutions | 0 | 0.00% |
| Retail Investors | 0 | 0.00% |
| Non-Institutional | 0 | 0.00% |
Vaibhav Vyapaar IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹2,08,000 |
| Retail (Max) | 2 | 4,000 | ₹2,08,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,12,000 |
| S-HNI (Max) | 9 | 18,000 | ₹9,36,000 |
| B-HNI (Min) | 10 | 20,000 | ₹10,40,000 |
Amounts at the upper end of the price band.
Issue structure and valuation
It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
Promoter holding falls from 100.00% before the issue to 72.34% after it.
| EPS (pre-issue) Latest earnings per share before the issue | ₹0.97 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | — |
| EPS (post-issue) EPS on the enlarged share capital | ₹0.7 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | — |
| Promoter holding (pre-issue) | 100.00% |
| Promoter holding (post-issue) | 72.34% |
Vaibhav Vyapaar Limited financials
Between 31 Mar 2024 and 31 Mar 2026, revenue rose from ₹25.46 Cr to ₹37.64 Cr, and profit after tax rose from ₹0.45 Cr to ₹1.97 Cr. The PAT margin for 31 Mar 2026 was 5.23%.
| Period ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 84.23 | 55.04 | 61.18 |
| Revenue | 37.64 | 25.34 | 25.46 |
| Profit After Tax | 1.97 | 1.48 | 0.45 |
| Net Worth | 29.19 | 27.22 | 25.74 |
| Reserve & Surplus | 21.14 | 23.19 | 21.71 |
| Total Borrowings | 46.80 | 22.66 | 26.76 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 6.99 | 5.59 | 1.82 |
| ROCE % | 26.99 | 15.72 | 15.67 |
| Debt / Equity | 1.60 | 0.83 | 1.04 |
| RoNW % | 6.75 | 5.44 | 1.77 |
| Pat Margin % | 5.36 | 5.91 | 1.80 |
About Vaibhav Vyapaar Limited
Incorporated in 2009, Vaibhav Vyapaar Limited is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI). The company primarily offers unsecured personal loans to salaried and self-employed individuals through its fully digital lending platform. It operates under both direct lending and co-lending models, enabling efficient credit delivery to underserved retail borrowers across India.
The company markets its personal loan products under the "LoanFront" brand through its mobile application, "LoanFront – Personal Loan App." The platform provides a seamless, end-to-end digital lending experience, covering customer onboarding, loan application, credit assessment, digital documentation, loan disbursement, repayment, and customer support. By leveraging automated underwriting, digital verification, and data-driven credit evaluation, the company aims to deliver faster loan approvals while maintaining prudent risk management practices.
Apart from its lending operations, Vaibhav Vyapaar Limited also generates revenue by offering application development and technology-enabled services to other NBFCs. These services strengthen the company's technology-driven business model while creating an additional source of income beyond interest earnings.
The company's primary customer base comprises retail borrowers, including first-time credit users, lower- and middle-income salaried professionals, and self-employed individuals located across urban and semi-urban markets in India. Through its digital-first approach, the company seeks to improve financial inclusion by providing convenient and accessible credit solutions to customers with limited access to traditional banking channels.
As of March 31, 2026, Vaibhav Vyapaar Limited reported Assets Under Management (AUM) of ₹70.68 crore, a net worth of ₹27.22 crore, and a debt-to-equity ratio of 1.60. The company had a workforce of 55 employees and utilizes digital payment infrastructure, including UPI and online payment gateways, to facilitate secure and convenient loan repayments.
Promoters
- Itha Venkata Raghava Gowrinath
- CapFront Technologies Pvt.Ltd.
Objects of the issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Augment the capital base of our company
- General Corporate Purpose
Contact details
Vaibhav Vyapaar Ltd.
Arch Square-X2, Unit-1406,
14th Floor, EP-GP Block, Sector V, Bidhannagar
Bidhan Nagar CK Market, North 24 Parganas, Saltlak
Kolkata, West Bengal, 700091
Tel No.:+91 9986611345
Email Id: investors@vaibhavvyapaar.com
Website: www.vaibhavvyapaar.com
Vaibhav Vyapaar IPO FAQs
- What is the Vaibhav Vyapaar IPO price band?
- The Vaibhav Vyapaar IPO price band is ₹50 to ₹52 per share.
- What is the Vaibhav Vyapaar IPO lot size and minimum investment?
- The Vaibhav Vyapaar IPO lot size is 2000 shares. The minimum retail investment is ₹2,08,000 for one lot at the upper price band. Retail investors can apply for up to 2 lots (4,000 shares), costing ₹2,08,000.
- When does Vaibhav Vyapaar IPO open and close?
- Vaibhav Vyapaar IPO opens on Tue, 13 Oct 2026 and closes on Thu, 15 Oct 2026.
- What is the Vaibhav Vyapaar IPO allotment date?
- The Vaibhav Vyapaar IPO basis of allotment is expected on Fri, 16 Oct 2026. You can check your allotment status on the KFin Technologies Limited website.
- What is the Vaibhav Vyapaar IPO listing date?
- Vaibhav Vyapaar IPO is expected to list on NSE on Wed, 21 Oct 2026.
- Is the Vaibhav Vyapaar IPO a fresh issue or an offer for sale?
- It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
- Who are the registrar and lead managers of the Vaibhav Vyapaar IPO?
- The registrar for the Vaibhav Vyapaar IPO is KFin Technologies Limited, and the book running lead manager is Getfive Advisors Private Limited.
- How to apply for the Vaibhav Vyapaar IPO?
- Apply through your broker app or net banking using UPI or ASBA. Select the IPO, enter the number of lots and your bid (retail investors can bid at the cut-off price), and approve the UPI mandate before the issue closes on Thu, 15 Oct 2026.
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.