Stories
Vaibhav Vyapaar Limited (LoanFront) IPO to Open on October 13 Seeking to Raise ₹ 42.10 Crore
- •Vaibhav Vyapaar Limited (LoanFront) is launching its Initial Public Offering on October 13, 2026, aiming to raise ₹ 42.10 Crore at the upper price band.
- •The price band for the 77,96,000 equity share issue is set between ₹ 51 and ₹ 54 per share, with listing planned on the NSE Emerge platform.
- •Net proceeds from the IPO will be utilized to augment the company capital base and support general corporate purposes.
- •The anchor bidding opens on October 12, 2026, while the main issue will run from October 13 to October 15, 2026.
- •Getfive Advisors Private Limited acts as the Book Running Lead Manager and Kfin Technologies Limited is the registrar to the issue.
Key Questions Answered
The Vaibhav Vyapaar (LoanFront) IPO opens for public subscription on October 13, 2026, and closes on October 15, 2026, with the anchor bidding on October 12, 2026. The price band for the issue is set at ₹51 to ₹54 per equity share.
The net proceeds from the initial public offering will be primarily utilized to augment the company's capital base, thereby supporting the growth of its loan portfolio in alignment with RBI capital adequacy norms, while the remainder is earmarked for general corporate purposes.
Incorporated in 2009, Vaibhav Vyapaar is an RBI-registered non-banking financial company that provides unsecured personal loans through its "LoanFront – Personal Loan App" on direct and co-lending bases. The company also generates platform fees and commissions by extending its technology and application services to other NBFCs.
