Figures last updated 21 Oct 2026, 9:30 AM IST · How we work · Report an error
At the upper price band of ₹54
From the offer document’s own listed-peer table
The offer document lists peer P/E multiples ranging from 22.00 to 30.53 (with an industry average of 26.265), while P/E ratios and issue price for Vaibhav Vyapaar Limited were not determined in the Red Herring Prospectus.
How the size of this issue compares with every IPO in our archive
At ₹42 Cr, Vaibhav Vyapaar is a larger issue than 58% of the 192 SME IPOs in our archive that state an issue size (the median is ₹38 Cr).
Of 98 SME IPOs in our archive with an issue of ₹25 Cr to ₹50 Cr (listed 2025 to date), 57% opened above the issue price and 33% below. The median opening gain was +2.57%, and the middle half ranged from −2.71% to +16.51%.
This describes how past issues opened, not what this IPO will do: one issue can land far outside the range, the opening price says nothing about what happens afterwards, and past results are not a forecast.
| ₹18.6 |
| ₹199.0 |
| 22.0x |
| 9.4% |
| ₹21.25 |