Vaibhav Vyapaar IPO Opens On 13 October With ₹42.1 Crore Issue: Price Band, Subscription And Listing Details

Vaibhav Vyapaar will open its initial public offering (IPO) on 13 October 2026, seeking to raise ₹42.1 crore through a fresh public issue, according to the latest details provided. The offer comprises 77.96 lakh shares, priced between ₹51 and ₹54 apiece. The subscription window closes on 15 October.

The anchor book opens on 12 October, followed by the expected allotment on 16 October. The Vaibhav Vyapaar IPO is scheduled to list on NSE Emerge on 21 October, with Getfive Advisors acting as the merchant banker.

What Does Vaibhav Vyapaar Do?

Vaibhav Vyapaar is a financial institution that provides unsecured loans to people through its mobile app called LoanFront. Its target customers are salaried and self-employed people availing formal financial services for the first time.

The company manages the entire digital loan process, from customer verification and credit evaluation to loan disbursement and repayment.

Vaibhav Vyapaar’s draft red herring prospectus (DRHP) states that LoanFront had crossed 114 lakh app downloads by June 2026. Cumulative loan disbursements had reached ₹1,500 crore by that point.

Beyond lending money on its own, Vaibhav Vyapaar earns revenue by offering application and technology services to other NBFCs, providing another income source for the company.

How Have Revenue And Profit Changed?

Vaibhav Vyapaar’s revenue from operations rose to ₹36.80 crore in FY26 from ₹25.05 crore in FY25, according to its DRHP. Profit for the year increased to ₹1.97 crore from ₹1.48 crore.

The company’s assets under management stood at ₹70.68 crore on 31 March 2026, compared with ₹47.45 crore a year earlier. Its net worth was ₹27.22 crore, while its debt-to-equity ratio increased to 1.60 from 0.83.

The rise in borrowings alongside the expansion of its loan book will be an important aspect of Vaibhav Vyapaar’s financial position as it prepares to enter the public markets.

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