Loanfront’s IPO, issued by Vaibhav Vyapaar Limited, had received NSE bids for 23,80,000 shares across 452 applications in the exchange’s October 14, 2026 snapshot at 16:46:17 IST. The issue is scheduled to close on October 15. This is a second-day demand update, separate from CapKet’s earlier report on the proposed use of proceeds; it does not replace that historical report.
What NSE’s interim demand table shows
| Category | Recorded applications and shares |
|---|---|
| Total | 452 applications; 23,80,000 shares |
| Individual investors bidding for two lots | 383 applications; 15,32,000 shares |
| Non-institutional investors | 69 applications; 8,48,000 shares |
| Qualified institutional buyers | NSE displayed dashes; not treated here as a verified zero |
These figures are from the NSE bid table, not a claim about final combined-exchange subscription. Applications are not necessarily a count of unique investors. NSE says its UPI display includes only mandates accepted with the amount blocked. A submitted application without the required confirmed mandate should not be equated with a valid displayed bid. The final UPI demand display can be updated until 7 PM on the last bidding day.
Issue size, lot size and application amount
| Item | Verified term or calculation |
|---|---|
| Issue period | October 13–15, 2026; closure remains scheduled |
| Price band | ₹51–₹54 per share |
| Offer structure | Up to 77,96,000 fresh shares; NSE does not list an OFS component |
| Gross size at the upper band | Approximately ₹42.10 crore, calculated as 77,96,000 × ₹54; not net proceeds |
| One lot | 2,000 shares; ₹1,08,000 at ₹54 |
| Minimum individual application | Two lots: 4,000 shares; ₹2,16,000 at ₹54 |
| Face value | ₹5 per share |
| Included portions | 3,90,000 market-maker shares; 22,00,000 anchor shares |
| Registrar | Kfin Technologies Limited |
Fresh shares raise money for the issuer, unlike an offer for sale, or OFS, in which existing holders sell shares. Gross offer size is before issue expenses; it must not be presented as money already received by the company. The upper-band amounts above are arithmetic from the exchange’s terms, not a final issue-price announcement.
Two different closing-day deadlines
NSE’s issue-information page states bidding on the closure day is permitted up to 4 PM and UPI mandate confirmation up to 5 PM on October 15. The ASBA form list shows a 5 PM issue-end field; that should not be used to override the earlier specific bidding cut-off. Intermediaries may apply their own earlier operational deadlines. The 5 PM mandate deadline is not an extra hour to submit a new bid.
This report does not predict allotment or listing performance, supply unofficial grey-market prices or claim that the issue has already closed. Read the issuer’s risk disclosures and later exchange and registrar notices for the completed outcome. Earlier CapKet report: proposed capital-base allocation and minimum bid.
Official evidence and observation time
NSE data snapshot: 14 October 2026, 16:46:17 IST. Sources reviewed at 14/10/2026, 17:01:59 IST. NSE issue terms and bids · NSE ASBA issuer list.
Recorded source observation: . This is a source-check timestamp, not a market quote or a new article update.