VAIBHAV VYAPAAR IPO
VAIBHAV VYAPAAR is a SME IPO with a current status of UPCOMING. The price band is 50 - 52. The issue opens on 13 OCT and closes on 15 OCT. The listing date is 21 OCT.
Price Band
50 - 52
Unofficial GMP
₹0
Lot Size
2,000 shares
Minimum Investment
₹2,08,000
VAIBHAV VYAPAAR IPO GMP
The latest available GMP is ₹0. Grey Market Premium is unofficial, may change frequently and does not guarantee the listing price, listing gains or investment returns.
Estimated Listing Price
₹52.00
Estimated Gain
0.0%
VAIBHAV VYAPAAR IPO GMP History
0
08 OCT
VAIBHAV VYAPAAR IPO Details
- IPO Type
- SME
- Status
- UPCOMING
- Price Band
- 50 - 52
- Issue Size
- ₹40.54 Cr
- Issue Type
- Book Build Issue
- Fresh Issue
- ₹38.51 Cr
- Face Value
- 5
- Lot Size
- 2,000
- Minimum Investment
- 2,08,000
- Exchange
- NSE SME
- Registrar
- Kfin Technologies Ltd.
- Lead Managers
- GetFive Advisors Pvt.Ltd.
- Market Maker
- ₹2.03 Cr
VAIBHAV VYAPAAR IPO Dates
- Open Date
- 13 OCT
- Close Date
- 15 OCT
- Allotment Date
- 16 OCT
- Refund Date
- 19 OCT
- Demat Credit Date
- 19 OCT
- Listing Date
- 21 OCT
VAIBHAV VYAPAAR IPO Subscription
- QIB
- --
- NII / HNI
- --
- Retail
- --
- Employee
- --
- Total Subscription
- --
VAIBHAV VYAPAAR IPO Valuation
- Market Cap (Post IPO)
- ₹146.55 Cr.
- EPS
- 0.97
- P/E Ratio
- 53.61
- Price to Book Value
- 2.25
- ROE
- 7.87%
- ROCE
- 12.44%
- RONW
- 6.37%
- Debt / Equity
- 0.80%
- PAT Margin
- 16.70%
- EBITDA Margin
- 41.72%
VAIBHAV VYAPAAR Peer Comparison
| Peer | Revenue | PAT | EPS | P/E | ROE | RONW | Debt / Equity |
|---|---|---|---|---|---|---|---|
| PAISALO DIGITAL | 917.41 | 234.69 | 2.59 | 30.53x | -- | 13.24% | 2.41x |
| APOLLO FINVEST (INDIA) | 20.70 | 6.95 | 18.63 | 22.00x | -- | 9.36% | 0.20x |
| MONEYVIEW | 1,881.57 | 117.95 | 0.75 | -- | -- | 5.85% | 0.14x |
VAIBHAV VYAPAAR IPO Market Lot
| Category | Lots | Shares | Investment |
|---|---|---|---|
| Retail Minimum | 2 | 4,000 | ₹2,08,000 |
| Retail Maximum | 2 | 4,000 | ₹2,08,000 |
| Small HNI | 3 | 6,000 | ₹3,12,000 |
| Big HNI | 10 | 20,000 | ₹10,40,000 |
VAIBHAV VYAPAAR IPO Reservation
- QIB
- 49.88%
- NII / HNI
- 15.07%
- Retail
- 35.05%
VAIBHAV VYAPAAR Promoter Holding and Anchor Allocation
- Pre-IPO Promoter Holding
- 99.99%
- Post-IPO Promoter Holding
- 72.34%
VAIBHAV VYAPAAR Company Overview
1. Registered Office: Arch Square-X2, Unit-1406, 14th Floor, EP-GP Block, Sector V, Bidhannagar, Salt Lake City, Kolkata, West Bengal – 700091, India. 2. Corporate / Communication Office: Second Floor, Envision Technology Center, 119, Road No. 3, Phase-1, Vijayanagar, EPIP Zone, Whitefield, Bengaluru, Karnataka – 560066, India. 3. Phone: +91 99866 11345 4. Email: investors@vaibhav-vyapaar.com 5. Website: www.vaibhav-vyapaar.com
VAIBHAV VYAPAAR Business Model
1. Vaibhav Vyapaar Limited is an RBI-registered Non-Banking Financial Company (NBFC). 2. The company primarily provides unsecured personal loans to salaried and self-employed individuals. 3. It operates through a technology-driven digital lending platform called LoanFront. 4. The platform enables paperless customer onboarding, credit assessment, loan disbursement and collection. 5. The company provides loans through both direct lending and co-lending arrangements. 6. Its target customers include retail borrowers, first-time borrowers and underbanked customers. 7. In addition to lending, the company provides its proprietary technology/application services to other NBFCs. 8. The company's digital model allows it to manage the loan lifecycle through technology-based processes. 9. As of March 2026, the company's Assets Under Management (AUM) stood at approximately ₹70.68 crore. 10. The company had recorded more than 114 lakh application downloads and cumulative loan disbursements of approximately ₹1,500 crore as of June 2026. 11. Its operations are concentrated mainly in southern Indian states. 12. The company is preparing for an SME IPO scheduled for 13–15 October 2026, with a price band of ₹50–₹52 per share.
VAIBHAV VYAPAAR Objects of the Issue
1. Augmentation of Capital Base: Approximately ₹32 crore, representing about 78.93% of the issue proceeds, will be used to augment the company's capital base. 2. General Corporate Purposes: Approximately ₹8.54 crore, representing about 21.07% of the issue proceeds, will be used for general corporate purposes. 3. Fresh Capital: The IPO is intended to strengthen the company's capital position and support its lending operations. 4. IPO Size: The issue is approximately ₹40.54 crore at the upper price band. 5. SME IPO: The shares are proposed to be listed on the NSE SME platform.
VAIBHAV VYAPAAR Strengths
1. RBI-Registered NBFC: The company operates as an RBI-registered NBFC, providing a regulated framework for its lending business. 2. Digital Lending Platform: Proprietary LoanFront technology supports digital customer acquisition, underwriting and loan servicing. 3. Paperless Process: Digital onboarding and documentation can improve the speed and convenience of loan processing. 4. Customer Understanding: Direct interaction with retail borrowers provides insights into customer income patterns and repayment behaviour. 5. Technology-Driven Underwriting: Automated underwriting and risk-management systems support credit evaluation. 6. Experienced Management: The management team has experience across financial services, credit operations and technology. 7. Repeat Customer Base: A substantial portion of AUM comes from repeat customers, supporting customer familiarity and retention. 8. Co-Lending Network: Partnerships with other NBFCs provide an additional channel for expanding lending operations. 9. Scalable Digital Model: Technology-based processes can support expansion without requiring a proportionate increase in physical infrastructure. 10. Growing AUM: AUM reached approximately ₹70.68 crore as of March 2026. 11. Large Digital Reach: More than 114 lakh application downloads had been recorded as of June 2026. 12. Capital Infusion: A major portion of IPO proceeds is intended to augment the company's capital base and support future lending growth.
VAIBHAV VYAPAAR Risks
1. Credit Risk: The company primarily provides unsecured personal loans, exposing it to borrower default and credit-loss risk. 2. High-Risk Borrower Profile: Lending to retail and self-employed borrowers can result in higher credit risk during economic slowdowns. 3. NPA Risk: Gross NPA was approximately 4.71% and Net NPA approximately 2.94% as of March 2026. 4. Interest-Rate Risk: Changes in RBI policy rates and market borrowing costs can increase finance costs and compress lending margins. 5. Geographic Concentration: Tamil Nadu, Karnataka, Telangana, Andhra Pradesh and Maharashtra together accounted for approximately 77.09% of AUM. 6. Self-Employed Borrower Risk: A significant portion of AUM comes from self-employed customers whose repayment capacity may fluctuate with business conditions. 7. Customer Retention Risk: A substantial portion of revenue/AUM comes from repeat customers, making continued customer retention important for future growth. 8. Funding Risk: The lending business depends on access to adequate and competitively priced borrowing and other sources of funds. 9. Technology Risk: Business operations depend heavily on the availability, scalability and security of the LoanFront platform and IT infrastructure. 10. Cybersecurity Risk: Data breaches, cyber-attacks or system failures could disrupt lending operations and affect customer trust. 11. Third-Party Dependency: The company relies on third-party software and technology service providers for certain critical digital operations. 12. Regulatory Risk: Changes in RBI regulations, digital-lending rules, consumer-protection requirements or other financial regulations could affect operations. 13. Competition: The company competes with banks, NBFCs, fintech companies and other digital lenders. 14. Collection Risk: Weak collections or delays in recovering loans could adversely affect asset quality and profitability. 15. SME Listing Risk: Being an SME-listed company, the shares may experience relatively lower trading liquidity and higher price volatility.
VAIBHAV VYAPAAR Frequently Asked Questions
What is the VAIBHAV VYAPAAR IPO price band?
The VAIBHAV VYAPAAR IPO price band is 50 - 52.
What is the latest VAIBHAV VYAPAAR IPO GMP?
The latest available VAIBHAV VYAPAAR IPO GMP in the IPOWEB database is ₹0. GMP is unofficial and does not guarantee a listing gain.
When does the VAIBHAV VYAPAAR IPO open and close?
The VAIBHAV VYAPAAR IPO opens on 13 OCT and closes on 15 OCT.
When is the VAIBHAV VYAPAAR IPO allotment date?
The VAIBHAV VYAPAAR IPO allotment date is 16 OCT.
When is the VAIBHAV VYAPAAR IPO listing date?
The VAIBHAV VYAPAAR IPO listing date is 21 OCT.