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Vaibhav Vyapaar IPO
Price Band
₹50.0–52.0
Issue Size
₹40.54 Cr
Lot Size
2,000 shares
Min Investment
₹208,000
2 LOTS MIN
GMP
—
Issue Price
₹52.0
Vaibhav Vyapaar IPO AI Summary
- Vaibhav Vyapaar IPO is upcoming on NSE SME in the Non Banking Financial Company (NBFC) sector.
- Price band: ₹50.0–₹52.0 per share, lot size 2,000 shares (min. investment ₹208,000, 2 lots minimum).
- Subscription window: 13 Oct–15 Oct 2026, listing on 21 Oct 2026.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
IPO not open yet
Opens 13 Oct 2026 · in 5 days
Vaibhav Vyapaar IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
TopFund Score — Listing Data Indicator
GMP is 0.0% above issue price
Subscription not open yet
No anchor allocation for this IPO
Similar IPOs (same IPO type) averaged 30.1% listing gain
A rules-based composite of GMP, subscription demand, anchor participation and comparable-IPO history — each weighted as shown above. Not a statistically validated probability, a guarantee of listing performance, or personalized investment advice.
Limitations: weights are fixed by TopFund, not backtested against outcomes; the "Historical Similar-IPO Performance" factor needs at least 3 comparable past listings and falls back to a broader, less specific cohort when this sector/type doesn't have enough; GMP and subscription data can change daily right up to listing day, so scores shown may already be stale — check the "as of" date above.
About the Company
Vaibhav Vyapaar Limited is an RBI-registered Non-Banking Financial Company (NBFC) engaged in providing digital lending solutions to retail customers across India. The company primarily offers unsecured personal loans to salaried and self-employed individuals through a technology-enabled platform, operating under both direct lending and co-lending arrangements. Its lending services are delivered through the “LoanFront” mobile application, which facilitates the entire loan lifecycle digitally, including customer onboarding, credit assessment, documentation, loan disbursement, and repayment management. The company leverages automated underwriting processes, digital verification systems, and data-driven risk evaluation tools to streamline lending operations and enhance credit decision-making. Apart from its lending business, Vaibhav Vyapaar also provides technology and application support services to other NBFCs, creating an additional source of revenue. The company primarily caters to retail borrowers, with a focus on first-time credit seekers and salaried individuals in the low- to middle-income segment, while expanding its reach across urban and semi-urban markets through a scalable digital infrastructure.
Company Financials (₹ Cr)
As of 2026-07-31
| Period Ended | 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 |
Key Ratios
EPS
₹0.97
NAV
₹18.13
ROE
6.99%
ROCE
26.99%
RoNW
6.75%
P/B Value
2.87
P/E Ratio
53.61
Market Cap
₹146.55 Cr
PAT Margin
5.36%
Debt/Equity
1.60
Peer Comparison
| Company | NAV | RoNW | EPS Basic | EPS Diluted | P/E (x) |
|---|---|---|---|---|---|
| Moneyview Ltd. | 52.78 | 5.85% | 0.76 | 0.75 | — |
| Apollo Finvest India Ltd. | 199.03 | 9.36% | 18.63 | 18.63 | 22 |
| Paisalo Digital Ltd. | 19.49 | 13.24% | 2.59 | 2.59 | 30.53 |
| Vaibhav Vyapaar This IPO | 18.13 | 6.75% | 1.22 | 1.22 | — |
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: # Issue Objects Est Amt (₹ Cr.) 1 Augment the capital base of the company 32.00 2 General Corporate Purpose Total 32.00
IPO Evaluation
Generated 08 Oct 2026Revenue Trend
Total income was ₹25.46 Cr in the year ending 31 Mar 2024, slightly decreasing to ₹25.34 Cr by 31 Mar 2025. This figure then saw a significant rise to ₹37.64 Cr by 31 Mar 2026, before dropping to ₹18.15 Cr in the latest period ending 31 Jul 2026, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax was ₹0.45 Cr in the year ending 31 Mar 2024, increasing to ₹1.48 Cr by 31 Mar 2025. It further rose to ₹1.97 Cr by 31 Mar 2026, and then increased to ₹3.01 Cr in the latest period ending 31 Jul 2026, though this is a 9-month figure, not a full year, so isn't directly comparable.
Grey Market Premium, Explained
The grey market refers to the unofficial trading of shares before they are listed on the stock exchange. Grey market premium (GMP) is the extra amount that investors are willing to pay for shares in the grey market compared to the issue price. It can indicate the expected demand for the stock once it is officially listed.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment objectives and risk tolerance. It's essential to consider the company's growth potential and market conditions.
Who May Want to Wait
Conservative investors who prefer stable returns and lower risk may want to avoid this IPO, as it involves inherent risks associated with new market entrants and the volatility of the NBFC sector.
IPO Timeline, Explained
The IPO process includes several key dates: the issue opens on 13 October 2026 and closes on 15 October 2026. Allotment of shares will be done on 16 October 2026, with the listing date scheduled for 21 October 2026.
Listing Gains — The Risk
Investing in an IPO can be risky, especially regarding listing-day gains. While some stocks may experience a surge in price upon listing due to high demand, others may not perform as well. Factors influencing listing performance include market sentiment, overall demand for the IPO, and the company's fundamentals.
This evaluation is generated from Vaibhav Vyapaar's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is the price band of Vaibhav Vyapaar IPO?
The price band of Vaibhav Vyapaar IPO is ₹50.0–₹52.0 per share.
When does Vaibhav Vyapaar IPO open and close?
Vaibhav Vyapaar IPO opens on 13 October 2026 and closes on 15 October 2026.
When does Vaibhav Vyapaar IPO list on the stock exchange?
Vaibhav Vyapaar IPO is scheduled to list on 21 October 2026, with an estimated listing price of ₹52.0 based on current GMP.
What is the lot size for Vaibhav Vyapaar IPO?
The lot size for Vaibhav Vyapaar IPO is 2000 shares, requiring a minimum investment of ₹208,000 (2 lots).
What is the TopFund Listing Data Indicator for Vaibhav Vyapaar?
Vaibhav Vyapaar's Listing Data Indicator score is 42/100 (Moderate signal), a weighted composite of GMP strength, subscription demand, anchor investor interest and how similar past IPOs performed on listing. It's a rules-based summary of public market data, not a statistically validated probability, a guarantee, or personalized investment advice.
What is the price band for the Vaibhav Vyapaar IPO?
The price band for the IPO is ₹50.0 to ₹52.0.
What is the minimum investment required for this IPO?
The minimum investment required is ₹2,08,000, which corresponds to a lot size of 2000 shares.
When does the IPO open and close?
The IPO opens on 13 October 2026 and closes on 15 October 2026.
What is the allotment date for the IPO?
The allotment date is 16 October 2026.
When will the shares be listed?
The shares are scheduled to be listed on 21 October 2026.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
13 Oct 2026
Close
15 Oct 2026
Allotment
16 Oct 2026
Listing
21 Oct 2026
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