How the ₹42.1 Cr issue is split
Vaibhav Vyapaar Limited is a Kolkata-incorporated NBFC (incorporated 2009) that provides unsecured personal loans to salaried and self-employed borrowers, including first-time borrowers in urban and semi-urban India. Loans are originated, verified, underwritten, disbursed and collected through its fully digital “LoanFront” mobile app. It lends directly and through co-lending arrangements with other NBFCs, and also earns fees by providing application and technology services to other NBFCs. The company was acquired by CapFront Technologies in October 2019 and had 56 employees as of 31 July 2026. Assets under management were about ₹81 crore as of 31 July 2026. The IPO is a 100% fresh issue, and the company plans to use ₹32 crore of the proceeds to strengthen its capital base, with the balance for general corporate purposes.