Vaibhav Vyapaar IPO
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Vaibhav Vyapaar IPO details
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 |
| Refund initiation | 19 Oct 2026 |
| Share credit | 19 Oct 2026 |
| Listing date | 21 Oct 2026 |
| Mandate end date | 30 Oct 2026 |
| Lock-in end date for anchor investors (50%) | 14 Nov 2026 |
| Lock-in end date for anchor investors (remaining) | 13 Jan 2027 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Vaibhav Vyapaar
Vaibhav Vyapaar is a non-banking financial company registered with the Reserve Bank of India that primarily provides unsecured personal loans to salaried and self-employed individuals. The company operates a fully digital lending platform, extending credit both on a direct lending and co-lending basis. In addition to its core lending operations, the company generates revenue by offering its proprietary application and technology services to other non-banking financial companies. The business operates through a technology-driven model that facilitates credit access using a paperless, scalable, and customer-centric process. Through its digital lending application, LoanFront, the company offers a range of financial services, including instant personal loans and specialized salaried loans. By focusing on technology integration and digital onboarding, the company streamlines the entire loan lifecycle from customer acquisition and credit assessment to loan disbursement and collections across its target retail borrower segments.
Financials of Vaibhav Vyapaar
Issue size
| Funds Raised in the IPO | Amount (₹ crores) |
| Total issue size | 40.54 |
| Offer for sale – Proceeds go to the existing investors | 40.54 |
Utilisation of Proceeds
| Purpose | INR crores (%) |
|---|---|
| Augment the capital base of the company | 32 (78.93%) |
| General Corporate Purposes | 8.54 (21.07%) |
Strengths
- Deep ground-level market understanding and retail customer insights.
- Fully digital lending platform supported by proprietary in-house technology.
- Highly experienced leadership and professional management team.
- Robust automated underwriting framework and risk management systems.
- Seamless paperless customer onboarding and credit assessment process.
Risks
- Business profitability is highly exposed to interest rate volatility.
- Significant AUM concentration in specific Indian states and regions.
- High credit risk profile associated with unsecured personal loan borrowers.
- Heavy reliance on third-party software vendors for critical digital operations.
- Operations are vulnerable to disruptions in digital payment systems.