Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Vaibhav Vyapaar Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on July 1, 2026 to raise funds through Initial Public Offer (IPO).
Vaibhav Vyapaar Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.76 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. GetFive Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Vaibhav Vyapaar IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 76,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 76,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 2,03,86,423 shares |
| Share Holding Post Issue | 2,79,86,423 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Jul 1, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Issue |
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.
Vaibhav Vyapaar Ltd.'s revenue increased by 48% and profit after tax (PAT) rose by 33% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 84.23 | 55.04 | 61.18 |
| Total Income | 37.64 | 25.34 | 25.46 |
| Profit After Tax | 1.97 | 1.48 | 0.45 |
| EBITDA | 10.84 | 7.07 | 5.38 |
| NET Worth | 29.19 | 27.22 | 25.74 |
| Reserves and Surplus | 21.14 | 23.19 | 21.71 |
| Total Borrowing | 46.80 | 22.66 | 26.76 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Aye Finance Ltd. | Mainboard | ₹1,010.00 Cr | ₹129 | 14.11 | ₹128.91 | -0.07% | ₹168.12 (+1.29%) |
| Tata Capital Ltd. | Mainboard | ₹15,511.87 Cr | ₹326 | 35.99 | ₹330.50 | +1.38% | ₹354.20 (+1.23%) |
| Laxmi India Finance Ltd. | Mainboard | ₹254.26 Cr | ₹158 | 18.35 | ₹134.11 | -15.12% | ₹112.15 (+1.84%) |
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 |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 6.99% |
| ROCE | 26.99% |
| Debt/Equity | 1.60 |
| RoNW | 6.75% |
| PAT Margin | 5.36% |
| EBITDA Margin | 29.47% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 0.97 | 0.70 |
| Promoter Holding | 100% | 80.30% |
Lead Manager Reports
Vaibhav Vyapaar IPO is a SME IPO of 76,00,000 equity shares of the face value of ₹5 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Vaibhav Vyapaar IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
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 Zerodha IPO Application Process Review for more detail.
The Vaibhav Vyapaar IPO dates are not announced. Please check back again after some time.
Vaibhav Vyapaar IPO lot size and the minimum order quantity is not available at this time. Please check again later.
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.
The finalization of Basis of Allotment for Vaibhav Vyapaar IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Vaibhav Vyapaar IPO allotment status.
The Vaibhav Vyapaar IPO listing date is not yet announced. The tentative date of listing is .
