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Home/IPO/Vaibhav Vyapaar IPO
Updated: 19-Oct 10:37
Vaibhav Vyapaar

Vaibhav Vyapaar IPO

ClosedNSE SME

Listing at: NSE SME • Arch Square-X2, Unit-140614th Floor, EP-GP Block, Sector V, BidhannagarBidhan Nagar CK Market, North 24 Parganas, SaltlakKolkata, West Bengal, 700091

Allotment status Allotment is outDeclared 16 Oct 2026
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Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

Live GMP Today
₹5 (9.26%)
Rating:2/5
Est. Listing Price
₹59
Est. Gain: +9.3%
Est. Profit / Lot
₹10,000
Per Retail Application
Price Band
₹54
Face Value: ₹5
Min. Retail Inv.
₹1,08,000
Lot: 2000 Shares
Total Subscription
3.23x
Anchor: Yes

Vaibhav Vyapaar IPO GMP History

Genuine daily snapshots retained by the WeeStox backend

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

GMP dateIPO priceGMPPremiumEst. profit / lotSubscriptionMovement
18 Oct 2026₹54+₹59.26%+₹10,0003.23xFlat
17 Oct 2026₹54+₹59.26%+₹10,0003.23x↑ Up
16 Oct 2026₹54+₹23.70%+₹4,0003.23xFlat
15 Oct 2026₹54+₹23.70%+₹4,0003.23x↑ Up
14 Oct 2026₹54₹00.00%+₹00.39xFlat
13 Oct 2026₹54₹00.00%+₹00.19xFlat
12 Oct 2026₹54₹00.00%+₹0-Flat

Explore the complete GMP movement

Open the chart and all available daily records.

Vaibhav Vyapaar IPO Details

IPO Date13 Oct 2026 to 15 Oct 2026
Listing AtNSE SME
Face Value₹5 per share
Price Band₹54
Lot Size2000 Shares
Total Issue Size₹42.10 Cr(₹1,255.57 Cr)
Fresh Issue77.96L shares (₹40 Cr)
Offer for Sale (OFS)Nil
Issue TypeSME Issue

Vaibhav Vyapaar IPO Timetable

IPO Open Date13 Oct 2026
IPO Close Date15 Oct 2026
Basis of Allotment16 Oct 2026
Initiation of Refunds19 Oct 2026
Credit of Shares to Demat19 Oct 2026
Listing Date21 Oct 2026
Cut-off time for UPI Mandate5 PM on 15 Oct 2026
Employee Discount₹20.00/share (Up to 52,083 shares)

Vaibhav Vyapaar IPO Reservation

CategoryReservationShares Offered
QIB Shares Offered49.88%36,94,000
− Anchor Investor Shares Offered–22,00,000
− QIB (Ex. Anchor) Shares Offered–14,94,000
NII (HNI) Shares Offered15.07%11,16,000
− bNII > ₹10L Shares Offered–7,44,000
− sNII < ₹10L Shares Offered–3,72,000
Retail Shares Offered35.05%25,96,000
Market Maker Shares Offered–3,90,000

Vaibhav Vyapaar Anchor Details

PDF
Anchor Bid Date12 Oct 2026
Anchor Shares Offered22,00,000 Shares
Total Anchor Portion₹11.88 Cr
Lock-in 50% End Date15 Nov 2026 (30 Days)
Lock-in Rem. 50% Date14 Jan 2027 (90 Days)

Vaibhav Vyapaar IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)Reserved Applications
Individual investors (IND) (Min)2 Lots Shares₹2,16,000–
Individual investors (IND) (Max)2 Lots Shares₹2,16,000–
S-HNI (Min)3 Lots Shares₹3,24,000–
S-HNI (Max)9 Lots Shares₹9,72,000–
B-HNI (Min)10 Lots Shares₹10,80,000–

Vaibhav Vyapaar Promoter Holding

Pre-Issue HoldingDisclosed in RHP
Post-Issue HoldingTo be calculated

Vaibhav Vyapaar IPO Live Subscription Status

Bidding demand breakdown by shares, institutional demand in ₹ Cr, applications & HNI funding cost
Overall Demand:3.23x
03:31 am
Investor CategoryShares OfferedShares BiddedSubscription Times
QIB14,94,000–0.00x
HNIs11,16,0008,64,0000.77x
bHNI7,44,0006,00,0000.81x
sHNI3,72,0002,64,0000.71x
Individual25,96,00015,88,0000.61x
Total52,06,00024,52,0000.47x

Vaibhav Vyapaar Limited Financial Information (Restated Consolidated in ₹ Crores)

Period EndedAssetsTotal IncomeProfit After TaxEBITDANet WorthTotal Borrowing
31 Jul 2026₹96.16 Cr₹18.15 Cr₹3.01 Cr₹7.51 Cr₹47.20 Cr₹37.90 Cr
31 Mar 2026₹84.23 Cr₹37.64 Cr₹1.97 Cr₹10.84 Cr₹29.19 Cr₹46.80 Cr
31 Mar 2025₹55.04 Cr₹25.34 Cr₹1.48 Cr₹7.07 Cr₹27.22 Cr₹22.66 Cr
31 Mar 2024₹61.18 Cr₹25.46 Cr₹0.45 Cr₹5.38 Cr₹25.74 Cr₹26.76 Cr

Vaibhav Vyapaar Key Valuation & Financial KPIs

ROE7.87%
ROCE12.44%
Debt / Equity0.80x
P/E (Post IPO)16.25
EBITDA Margin41.72%
Market Cap₹152.2 Cr

Vaibhav Vyapaar IPO Analysis

Review the company's key advantages and material business risks.

Strengths & Positives

Competitive advantages and operational merits

  • The Company provides unsecured personal loans to salaried and self-employed individuals through its proprietary digital lending platform, LoanFront, on both a direct lending and co-lending basis. It also earns revenue by offering application and technology services to other NBFCs.

  • Market Understanding and Customer Insights: The Company's digital platform, LoanFront, has built knowledge of market conditions and borrower cash-flow patterns across geographies. As of March 31, 2026, the platform had about 86 lakh registered users and had disbursed around 24 lakh loans, with approximately 75% of the portfolio comprising repeat borrowers.

  • Digital Lending Platform: The Company operates a proprietary technology platform, LoanFront, built with a modular architecture integrating payment gateways, credit bureaus and identity verification providers. This platform supports customer acquisition, onboarding, underwriting, disbursement, servicing and collections across the lending lifecycle.

  • Experienced Management Team: The Company is led by promoters and senior management with experience across digital lending, credit underwriting and technology. The Chairman and Managing Director has over seventeen years of experience in technology-led operations, while the Whole-time Director brings over thirteen years of consulting and analytics experience.

  • Interest Rate Volatility: The Company's net interest income depends on finance costs, which were 14.81% to 20.31% of total income as cost-to-income across the stub period and FY2024-26. Fluctuations in RBI monetary policy, inflation and market conditions could adversely affect net interest margins and profitability.

  • Geographic Concentration of AUM: A significant portion of AUM is concentrated in a few states, including Uttar Pradesh, West Bengal, Gujarat, Delhi and Bihar, totaling ₹1,914.97 lakhs as of July 31, 2026. Adverse regional economic, regulatory or political developments in these areas could materially affect business and financial condition.

About Vaibhav Vyapaar Limited

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 bidding started from Oct 13, 2026 and ended on Oct 15, 2026. The allotment for Vaibhav Vyapaar IPO was 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 final issue price at ₹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. The Market Maker of the company is Prabhat Financial Services Ltd.Refer to Vaibhav Vyapaar IPO RHP for detailed Information.

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.

Shariah Compliance Screening (AAOIFI Standard 21)

Business ActivityRequires ReviewImpermissible Revenue ≤ 5%
Debt-to-Assets Ratio39.41%Threshold ≤ 33% of Assets
Purification GuidanceStandard 0.5%Donate interest dividend fraction
Auditor Notes: Non-compliant business activity detected: /\bbanking\b/i

Vaibhav Vyapaar IPO Documents & Reports

Official prospectus, reports and regulatory filings
Document TitleAuthority / HostStatusAction
Red Herring Prospectus (RHP)
Complete offer document filed with ROC & SEBI
SEBI / ROCAvailable View RHP
Draft Red Herring Prospectus (DRHP)
Initial regulatory draft submitted for public comments
SEBI FilingsFiled View DRHP
Anchor Investor Allocation Report
Allotment list to institutional bidders
BSE / NSE CircularDisclosed Anchor PDF
IPO Allotment Status & Basis of Allotment
Registrar query portal via PAN / Application No.
Kfin TechnologiesLive Portal Check Allotment
Corporate Website & Investor Relations
Official portal and financial reports
Issuer PortalActive Visit Portal

Vaibhav Vyapaar IPO Registrar & Lead Managers

Registrar of the Issue
Kfin Technologies
040-79615565
Book Running Lead Managers (BRLM)
  • GetFive Advisors Pvt.Ltd.
Registered Office

Arch Square-X2, Unit-140614th Floor, EP-GP Block, Sector V, BidhannagarBidhan Nagar CK Market, North 24 Parganas, SaltlakKolkata, West Bengal, 700091

Vaibhav Vyapaar IPO FAQs

What is IPO GMP, and does it guarantee a listing gain?

Grey market premium is an unofficial price indication outside the exchange. It can change quickly and does not guarantee the exchange listing price, liquidity or a profit. Read it alongside the prospectus, valuation, financials and risks.

How do I check Vaibhav Vyapaar IPO allotment status?

Open the individual IPO report and check its allotment update and registrar details. Confirm your application outcome through the official registrar or exchange service. A scheduled allotment date is not confirmation that allotment has been declared.

What does IPO subscription mean?

Subscription compares shares bid for with shares offered in a category. For example, 2 times subscription means bids for twice the available shares in that category. Retail, institutional and other categories can have different demand; subscription alone does not establish investment quality.

How is an indicative IPO listing price calculated from GMP?

A commonly used illustration adds reported GMP to the issue price, or upper price band before the final price is known. It is a sentiment illustration, not an exchange quote or reliable forecast. Missing GMP should not be interpreted as zero.

Where can I find IPO dates, price bands and lot sizes?

The individual IPO report brings together available issue dates, price bands, lot sizes, subscription and company details. Check the final prospectus and exchange announcements before applying because issue terms can change.