Vaibhav Vyapaar IPO
Founded in 2009, Vaibhav Vyapaar is a non-banking financial company (NBFC) that offers a wide range of financial services to salaried and self-employed individuals via its digital lending platform. Its product range includes unsecured personal loans through its mobile app, LoanFront – Personal Loan App.
IPO GMP
₹0
+0% expected gain
Price Band
₹50 - ₹52
Lot Size
4000 shares
Min Investment
₹2,08,000
Listing Date
October 21, 2026
About Vaibhav Vyapaar
Company overview, business, and key facts.
Founded in 2009, Vaibhav Vyapaar is a non-banking financial company (NBFC) that offers a wide range of financial services to salaried and self-employed individuals via its digital lending platform. Its product range includes unsecured personal loans through its mobile app, LoanFront – Personal Loan App.
The app offers complete digital loan origination, underwriting, documentation, disbursement, and repayment. Along with lending services, Vaibhav Vyapaar also earns revenue by offering application and technology services to other NBFCs. Its main target audiences are retail borrowers, including first-time borrowers and lower-income salaried professionals across urban and semi-urban regions of India.
Founded
2009
Headquarters
Kolkata, West Bengal
Promoters
Itha Venkata Raghava Gowrinath, CapFront Technologies Pvt
Website
https://www.vaibhav-vyapaar.com/
IPO Details
Subscription Status
How many times each investor category has bid for the issue.
Strengths & Risks
Strengths
- Review:
Risks
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
Vaibhav Vyapaar IPO Key Numbers
Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.
Market cap at upper band
₹146.5 Cr
Post-IPO shares × upper price band
P/E on 2026 profit
74.4x
Peer median 26.3x (premium of 182.9%)
Price to sales
3.89x
Revenue growth, 2026
+48.5%
21.6% a year over the period
Profit growth, 2026
+33.1%
109.2% a year over the period
Profit margin (PAT)
5.2%
EBITDA margin 29.47%
ROE / ROCE
6.99% / 26.99%
As published in the offer document
Debt to equity
1.6
Promoter holding
99.99% → 72.34%
Before → after the IPO
Issue mix
100% fresh / 0% sale
Fresh issue goes to the company, offer for sale to selling shareholders
GMP-implied gain per lot
₹0
4000 shares on ₹2,08,000. GMP is unofficial.
What stands out
- Profit grew 33.1% in 2026.
Watch-outs
- Leverage: debt to equity is 1.6.
- Priced at a 182.9% premium to the peer median P/E of 26.3.
- 1 use-of-proceeds item(s) have no disclosed amount.
Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.
Not yet available for this IPO: published risk factors.
IPO Analysis SummaryAI-generated
A plain-language review of Vaibhav Vyapaar's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
Vaibhav Vyapaar IPO Review
Analysis based on live GMP, subscription, and issue details.
Vaibhav Vyapaar IPO is currently showing a neutral GMP of ₹0, suggesting the market is cautious about listing gains.
The IPO has been subscribed 0.29x overall — QIB: —, NII: 0.4x, Retail: 0.38x.
Vaibhav Vyapaar IPO subscription is currently open and closes on October 15, 2026. Investors can apply through their broker using ASBA.
The minimum investment required is ₹2,08,000 for 4000 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.
Key strengths include: Review:.
Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.
Vaibhav Vyapaar IPO — Frequently Asked Questions
What is Vaibhav Vyapaar IPO GMP today?
Vaibhav Vyapaar IPO GMP (grey market premium) today is ₹0, suggesting an estimated listing gain of +0%. GMP is indicative and subject to change.
What is the price band of Vaibhav Vyapaar IPO?
The price band for Vaibhav Vyapaar IPO is ₹50 - ₹52 with a lot size of 4000 shares. The minimum investment required is ₹2,08,000.
When is Vaibhav Vyapaar IPO allotment date?
Vaibhav Vyapaar IPO allotment is expected to be finalised on October 16, 2026. You can check your allotment status on the registrar's website (Kfin Technologies Ltd.) using your PAN number.
When will Vaibhav Vyapaar IPO list on NSE/BSE?
Vaibhav Vyapaar IPO is expected to list on NSE SME on October 21, 2026.
How to check Vaibhav Vyapaar IPO allotment status?
To check Vaibhav Vyapaar IPO allotment status, visit the registrar's website (Kfin Technologies Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.
Should I apply for Vaibhav Vyapaar IPO?
Vaibhav Vyapaar IPO has a GMP of ₹0. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.
What is the lot size of Vaibhav Vyapaar IPO?
The lot size for Vaibhav Vyapaar IPO is 4000 shares per lot. The minimum investment for retail investors is ₹2,08,000. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.