Vaibhav Vyapaar Limited IPO
Open Date
13 Oct 2026
Close Date
15 Oct 2026
Open Date
13 Oct 2026
Close Date
15 Oct 2026
Min Investment
Lot Size
Issue Size
Price Range
Subscribed

Founded In
2009
Director
Ganeshprasad R Pavaskar
Financials of Vaibhav Vyapaar IPO
| Key Performance Indicators | Mar 2025 | Mar 2026 | Jul 2026 |
|---|---|---|---|
| Operating Revenue | 25.05 | 36.80 | 18.00 |
| Other Income | 0.30 | 0.84 | 0.15 |
Total Income | 25.34 | 37.64 | 18.15 |
Total Expenses | 24.32 | 34.48 | 13.91 |
| Profit Before Tax | 1.03 | 3.15 | 4.24 |
Total Profit | 1.48 | 1.97 | 3.01 |
All figures are in crores (₹)

Utilisation of Proceeds
All figures are in crores (₹)
| Purpose | Amount |
|---|---|
| The company, being an RBI-registered NBFC, intends to utilize a portion of the Net Proceeds to strengthen its capital base and support future business growth, particularly for onward lending activities arising from the continued expansion of its operations and assets. | 32 |
| The remaining Fresh Issue proceeds are intended to be used for general corporate purposes, including covering operating expenses, strategic initiatives, and addressing unforeseen contingencies, subject to a cap of 15% of gross proceeds or Rs crores, whichever is less. | - |
| A portion of the Issue proceeds is allocated to cover issue-related expenses, including underwriting and management fees, printing and distribution expenses, advertisement expenses, legal fees, and listing fees. | - |

- Market Understanding and Customer Insights: The company has gained knowledge of market conditions and economic patterns through its 'LoanFront' platform, with approximately 86 lakh registered users, ~18 lakh KYC-verified users, and ~24 lakh loans disbursed to ~5 lakh customers as of March 31, 2026; approximately 75% of the outstanding loan portfolio comprised repeat borrowers.
- Digital Lending Platform: The company operates a proprietary digital lending platform, 'LoanFront,' built on a modular technology architecture integrating payment gateways, credit bureaus, banking partners, and identity verification providers, supporting end-to-end loan lifecycle management in compliance with RBI digital lending guidelines.
- Experienced Management Team: The company is led by a promoter and Managing Director with over 17 years of experience in technology-led operations, and a Whole-time Director with over 13 years across consulting and analytics, with the combined senior management team covering digital lending, credit underwriting, risk management, and regulatory compliance.
- Disciplined Underwriting Framework and Robust Risk Management: The company has implemented a technology-enabled underwriting and risk management framework incorporating credit bureau data, customer profiling, repayment history, and AI/ML-driven models, with GNPA improving from 6.72% in FY2024 to 4.56% as of July 31, 2026, and 90+ DPD (1st EMI) declining from 5.82% to 3.10% over the same period.

