The Vaibhav Vyapaar IPO is a book-built issue reported to be worth ₹40.54 crore, comprising a fresh issue of 77.96 lakh shares, with no offer-for-sale (OFS) component.
The Vaibhav Vyapaar IPO opens for bidding on Oct 13, 2026 and closes on Oct 15, 2026. Allotment is expected to be finalized on Oct 16, and the shares are scheduled to list on the NSE SME on Oct 21, 2026 (tentative).
The Vaibhav Vyapaar IPO has a price band of ₹50 to ₹52 per share, with a lot size of 2,000 shares. At the upper price band, retail investors need a minimum of ₹2,08,000 (2 lots, 4,000 shares). The minimum HNI application amount should be verified against the final issue documents.
For the Vaibhav Vyapaar IPO, KFin Technologies Ltd. is the registrar to the issue. The book-running lead manager should be confirmed from the company's official Red Herring Prospectus (RHP) before publication.
| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 2 | 4000 | 2,08,000 |
| HNI / NII | 3 | 6000 | ₹3,12,000 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 1.61× | 14,94,000 | 23,98,000 | ₹12.95 Cr |
| NII / HNI (Total) | 6.65× | 11,16,000 | 74,20,000 | ₹40.07 Cr |
| Retail Investors | 2.70× | 25,96,000 | 70,04,000 | ₹37.82 Cr |
| Market Maker * | 1× | 3,90,000 | 3,90,000 | ₹2.11 Cr |
| Total ** | 3.23× | 52,06,000 | 1,68,22,000 | ₹90.84 Cr |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 1.61× | 14,94,000 | 23,98,000 | ₹12.95 Cr |
| NII / HNI (Total) | 6.65× | 11,16,000 | 74,20,000 | ₹40.07 Cr |
| Retail Investors | 2.70× | 25,96,000 | 70,04,000 | ₹37.82 Cr |
| Market Maker * | 1× | 3,90,000 | 3,90,000 | ₹2.11 Cr |
| Total ** | 3.23× | 52,06,000 | 1,68,22,000 | ₹90.84 Cr |
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 37.64 | 25.34 | 25.46 |
| PAT | 1.97 | 1.48 | 0.45 |
| EBITDA | 10.84 | 7.07 | 5.38 |
| Net Worth | 29.19 | 27.22 | 25.74 |
| Total Assets | 84.23 | 55.04 | 61.18 |
| Reserves | 21.14 | 23.19 | 21.71 |
| Borrowings | 46.80 | 22.66 | 26.76 |
Incorporated in 2009, Vaibhav Vyapaar Limited is a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI). The company provides unsecured personal loans to salaried and self-employed individuals through its digital lending platform, operating on both direct lending and co-lending models.
The company offers personal loan products under the “LoanFront” brand through its mobile application, “LoanFront – Personal Loan App”, which enables end-to-end digital loan origination, underwriting, documentation, disbursement, and repayment. Its technology-driven infrastructure utilizes digital verification and automated credit assessment tools to support lending decisions and risk evaluation.
In addition to lending activities, Vaibhav Vyapaar generates revenue by providing application and technology services to other NBFCs. The company focuses on serving retail borrowers, including first-time borrowers and lower-income salaried professionals, across urban and semi-urban regions of India.
As of March 31, 2026, the company had 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 employed 55 personnel and leverages digital payment channels, including UPI and payment gateways, to facilitate customer repayments.
