# Vaibhav Vyapaar IPO opens at Rs 51 to 54 per share on NSE SME 2026-10-13T04:25:00+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Vaibhav Vyapaar's Rs 42.10 crore IPO opened for subscription on 13 October 2026 on the NSE SME platform, with a price band of Rs 51 to 54 per share. The issue is a book-built fresh issue of 77.96 lakh shares and will close on 15 October. Allotment is expected on 16 October, with listing tentatively scheduled for 21 October on the NSE SME exchange. The minimum retail application is 4,000 shares, requiring Rs 2,16,000 at the upper price band. HNI investors need a minimum of 6,000 shares at Rs 3,24,000. GetFive Advisors is the lead manager, and KFin Technologies is the registrar. The NBFC will use Rs 32 crore of the proceeds to augment its capital base, with the remainder for general corporate purposes. In FY26, total income rose 48% to Rs 38 crore, and profit after tax grew 33% to Rs 2 crore compared to the previous year. ## Indian Opinion Analysis For an NBFC raising only Rs 42 crore, the two-thirds allocation to capital base is modest, reflecting a conservative growth strategy rather than aggressive expansion. The FY26 financials show solid revenue and profit gains but on a small base, leaving the valuation and underwriting quality unaddressed in the prospectus. The real test for investors will be the listing on 21 October and the subsequent trading volume on the SME platform, a venue where liquidity is typically thin. ## Coverage - economictimes.indiatimes.com Straight factual IPO details with no evaluative framing This brief was synthesised by AI from the source linked above. Tags: GetFive Advisors, IPO, KFin Technologies, NSE SME, Vaibhav Vyapaar Canonical: https://indianopinion.org/vaibhav-vyapaar-ipo-opens-at-rs-51-to-54-per-share-on-nse-sme/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/vaibhav-vyapaar-ipo-opens-at-rs-51-to-54-per-share-on-nse-sme/#story-in-brief How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/