Vaibhav Vyapaar
LISTEDIPO Date: 13 Oct - 15 Oct 2026
Listing Date: 21 Oct 2026
Price Range
₹50 to ₹52
Issue Size
41 Cr
Min Investment
₹2,00,000
2 lots minimum (SEBI rule for SME)
Min Application
4000 Shares
2000 per lot × 2
Schedule of Vaibhav Vyapaar
Issue open date
13 Oct 2026
Issue close date
15 Oct 2026
UPI mandate deadline
15 Oct 2026 (5 PM)
Allotment finalization
16 Oct 2026
Share credit
19 Oct 2026
Listing date
21 Oct 2026
Mandate end date
30 Oct 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 41 Cr |
| Fresh Issue | 77.96 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 16 Oct 2026 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 21 Oct 2026Latest | ₹52 | ₹3 | ₹55(+5.56%) |
| 20 Oct 2026 | ₹52 | ₹3 | ₹55(+5.56%) |
| 19 Oct 2026 | ₹52 | ₹5 | ₹57(+9.26%) |
| 18 Oct 2026 | ₹52 | ₹5 | ₹57(+9.26%) |
| 17 Oct 2026 | ₹52 | ₹5 | ₹57(+9.26%) |
| 16 Oct 2026 | ₹52 | ₹2 | ₹54(+3.7%) |
| 15 Oct 2026 | ₹52 | ₹2 | ₹54(+3.7%) |
| 14 Oct 2026 | ₹52 | ₹0 | ₹52(0%) |
| 13 Oct 2026 | ₹52 | ₹0 | ₹52(0%) |
| 12 Oct 2026 | ₹52 | ₹0 | ₹52(0%) |
| 11 Oct 2026 | ₹52 | ₹0 | ₹52(0%) |
| 10 Oct 2026 | ₹52 | ₹0 | ₹52(0%) |
| 9 Oct 2026 | ₹52 | ₹0 | ₹52(0%) |
| 8 Oct 2026 | ₹52 | ₹0 | ₹52(0%) |
Performance Vaibhav Vyapaar
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹50 to ₹52 | .... | .... | .... |
About Vaibhav Vyapaar
Vaibhav Vyapaar Limited is an RBI-registered Non-Banking Financial Company (NBFC) focused primarily on providing unsecured personal loans to salaried and self-employed individuals. The company follows a digital-first lending model, offering credit through both direct lending and co-lending arrangements. Its digital platform, LoanFront, facilitates instant personal loans and specialized salaried loans through paperless onboarding and technology-enabled credit assessment. In addition to lending, the company also provides its proprietary technology and application services to other NBFCs, creating a second source of revenue.
| Founded in | 1995 |
| Managing director | Ravi Kumar Sharma |
| Parent organization |
Financial Overview
Strengths
4- 1
Digital-first lending model – The company uses technology for customer acquisition, credit assessment, onboarding, disbursement and collections, allowing it to operate with a relatively scalable and paperless process.
- 2
Diversified lending approach – Vaibhav Vyapaar uses both direct lending and co-lending, allowing it to expand its lending reach while potentially sharing credit exposure with partner institutions.
- 3
Proprietary LoanFront platform – Its technology platform provides instant personal and salaried loans and can potentially improve customer experience, processing speed and operational efficiency.
- 4
Additional technology revenue stream – Apart from its own lending business, the company provides its application and technology infrastructure to other NBFCs, giving it an additional business/revenue opportunity beyond interest income.
Risks
4- 1
Credit/default risk – Since the company primarily provides unsecured personal loans, there is no underlying collateral to recover in case borrowers default, potentially increasing credit losses.
- 2
High dependence on borrower quality – The profitability of the lending business depends heavily on accurate credit assessment, borrower repayment behaviour and effective collection mechanisms.
- 3
Regulatory risk – As an RBI-regulated NBFC and digital lender, changes in RBI regulations relating to digital lending, interest rates, co-lending, customer protection or capital requirements could affect operations.
- 4
Competitive digital lending market – The company operates in a highly competitive segment with banks, established NBFCs and fintech lenders offering similar personal-loan products, which can create pressure on customer acquisition costs, interest rates and margins.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 1.61 |
| Non-Institutional Investors (NIIs) | 6.65 |
| Retail Individual Investors (RIIs) | 2.7 |
| Employee | N/A |
| Total | 3.23 |