Stories
Vaibhav Vyapaar IPO Subscribed 3.08 Times on Final Day
M
Moneycontrol•15-10-2026, 20:14
Vaibhav Vyapaar IPO Subscribed 3.08 Times on Final Day
- •Vaibhav Vyapaar initial public offering was subscribed 3.08 times on the final day of bidding on October 15.
- •The digital lending platform aims to raise Rs 42.1 crore at a price band of Rs 51-54 per share.
- •Non-institutional investors led the subscription by bidding for seven times their allotted quota.
- •The shares are scheduled to be listed on the NSE Emerge platform on October 21.
- •The company plans to use Rs 32 crore of the net IPO proceeds to augment its capital base.
Key Questions Answered
The initial public offering of digital lending platform operator Vaibhav Vyapaar was subscribed 3.08 times on October 15, which was the final day of bidding.
Vaibhav Vyapaar is expected to finalise its IPO share allotment by October 16, with its shares scheduled to make their debut on the NSE Emerge platform on October 21.
The company plans to use Rs 32 crore of the net IPO proceeds to augment its capital base, while keeping the remaining funds earmarked for general corporate purposes.
