| PE Ratio (TTM) | 3.99xSector PE 21.47x |
|---|---|
| Market Cap | ₹107.66 CrSmall Cap |
| Revenue Growth | 90.91%Quarterly YoY |
| RSI | 45.75Neutral Zone |
Key highlights
- SEBI granted registration number IN/AIF3/26-27/2334 to TPR Wealth Trust
- The Certificate of Registration was issued on September 30, 2026, and received on October 1, 2026
- The Private Reserrve Capital Private Limited, a company subsidiary, will act as the Investment Manager
- Category III AIF status permits the fund to employ diverse trading strategies including leverage
- Vibrant Global Capital maintains a high promoter holding of 71.59% and a current P/E ratio of 3.99x
What Approval Was Received?
The Securities and Exchange Board of India (SEBI) has formally granted a Certificate of Registration to TPR Wealth Trust under Regulation 6 of the SEBI (Alternative Investment Funds) Regulations, 2012. This regulatory milestone classifies the trust as a Category III Alternative Investment Fund (AIF), the most flexible AIF category in India. The registration, under number IN/AIF3/26-27/2334, was officially dated September 30, 2026, and communication was received by the company on October 1, 2026.
The Private Reserrve Capital Private Limited, a direct subsidiary of Vibrant Global Capital Limited, will act as the Investment Manager, overseeing the fund strategy and operations.
Why This Approval Matters
- Unlocks the ability to manage complex investment strategies including long-short funds and hedge fund structures
- Transitions the company from purely balance-sheet-driven lending to fee-based asset management services
- Enhances the group institutional profile by operating under SEBI stringent Category III regulatory framework
- Provides a platform to pool capital from high-net-worth individuals and institutional investors
- Complements existing equity and derivative trading operations by scaling through third-party capital pools
Business Overview
Vibrant Global Capital Limited operates as a non-banking financial company primarily engaged in lending, investment, and trading activities. The company maintains a strong presence in equity and derivative markets, which provides the internal expertise required to manage a Category III AIF. With a promoter holding of 71.59 percent, the management demonstrates significant alignment with shareholder interests.
The launch of TPR Wealth Trust represents a vertical integration move to capture management fees and performance incentives alongside its traditional interest income and proprietary trading revenue streams.
Financial Context
The company reported a significant quarterly revenue growth of 90.91 percent YoY, reaching 79.28 crore, while net profit grew by 177.61 percent in the same period. Despite this robust growth, the stock trades at a Price-to-Earnings ratio of 3.99x, which is notably lower than the industry average P/E of 27.62x. The Price-to-Book value stands at 0.59, indicating the stock currently trades below its book value.
This regulatory approval arrives as the company scales its trailing twelve-month net profit, which currently stands at 26.97 crore, supported by an operating profit margin of 26.1 percent.
| Share price | ₹47 |
|---|---|
| Market capitalisation | ₹107.66 |
| Revenue (annual) | ₹186.15 |
| Net profit (annual) | ₹17.48 |
| P/E (TTM) | 3.99×Sector 21.47× |
| Promoter holding | 71.59%+0.06% QoQ |
| FII holding | 0%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Vibrant Global Capital Limited announcing the receipt of SEBI registration for its subsidiary Category III AIF. Market figures from a third-party data provider.
Track Vibrant Global Capital live
Get the next Vibrant Global Capital filing on Telegram seconds after it lands. 15 days free.
