Vivriti Next Limited
- Unlisted share
- Financial Services
- ISIN INE0OUB01017
At a glance
Sales
FY26
₹14.76 Cr
+146%on FY25What the company earned from its customers in the year.
Profit
FY26
₹4.96 Cr
+220%on FY25What was left after every cost and tax was paid.
Market valuecalculated
₹6 Cr
What the whole company would be worth at GrowFast's indicative price.
Net worth
FY26
₹246 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Vivriti Next Limited
- ISIN
- INE0OUB01017
- Sector
- Financial Services
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹41.58
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Vivriti Next Limited
Vivriti Next is the holding and operating company of the Chennai-based Vivriti group, which lends to mid-sized companies through the NBFC Vivriti Capital and manages private-credit funds through Vivriti Asset Management; Vivriti Next itself earns fees from advisory, consulting and technology services to the group and its clients. It became the 100% parent of both businesses when a court-approved restructuring of the group took effect on 1 April 2026, and the shareholders of the old Vivriti Capital received Vivriti Next shares in exchange. It was founded by Vineet Sukumar and Gaurav Kumar and is backed by Creation Investments, whose fund was its holding company through March 2026, along with Lightrock and TVS Capital.
Written from: vivritinext.com, vivritinext.com
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Financial Services
- ISIN
- INE0OUB01017
- Year of incorporation
- 2017
- Registered office
- Chennai, Tamil Nadu
- Parent / promoters
- Founders Vineet Sukumar and Gaurav Kumar; Creation Investments India III, LLC was the holding company during FY2025-26; other investors named by the company are Lightrock and TVS Capital Funds
- Key people
- Chairman & Independent Director: Narayan Ramachandran; Founder and Managing Director: Vineet Sukumar; CFO: Srinivasaraghavan B
- Company website (About)
- Face value per equity share
- ₹1
- Equity shares outstanding (fully paid)
- 14,76,991 shares
- CIN
- U74999TN2017PLC117539
- Official website
- vivritinext.com
Read from: Vivriti Next 9th AGM notice with annual accounts FY2025-26, unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to book (P/B)calculated
0.02×
At this price you pay ₹0.02 for every ₹1 of net worth on the company's books.
Profit margincalculated
33.6%
Out of every ₹100 of sales, ₹33.6 was left as profit.
Return on equitycalculated
2%
For every ₹100 of the owners' money, the company made ₹2 of profit in the year.
Debt to equitycalculated
0.04×
The company has borrowed ₹0.04 for every ₹1 of its owners' money.
- Indicative price
- ₹41.58
- Market valuecalculated
- ₹6 Cr
- price × shares
- No. of shares
- 14,76,991
- Book value per share
- ₹1,663.58
- Face value
- ₹1
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2025-26. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
Vivriti Next Limited (formerly Vivriti Next Private Limited). As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY25 to FY26: ₹6 Cr to ₹14.76 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY25 to FY26: ₹1.55 Cr to ₹4.96 Cr.
| Particulars | FY25 | FY26Latest |
|---|---|---|
| Revenue from operations | 6 | 14.76▲146% |
| Other income | 2.33 | 5.6▲140% |
| Total income | 8.33 | 20.36▲144% |
| Depreciation and amortisation expense | 3.42 | 7.66▲124% |
| Finance costs | 1.62 | 3.55▲119% |
| Profit before tax | 1.88 | 6.57▲249% |
| Profit for the year | 1.55 | 4.96▲220% |
| Earnings per share, basic and diluted (face value Re 1) (₹) | 1.62 | n/a |
Rupees crore unless marked, consolidated. The change shown is the latest year against the year before. Read from: Vivriti Next 9th AGM notice with annual accounts FY2025-26.
Capital history
Fund raise history
| Date and detail | Type | Instrument | Price per share | Amount raised |
|---|---|---|---|---|
| 15 Jan 202620,000 optionally convertible debentures of Rs 1,00,000 each allotted to Lighterside Private Limited for Rs 200 crore; each converts into 3,656 compulsorily convertible preference shares. | Private placement | Optionally convertible debentures | ₹1,00,000 | ₹200 Cr |
| 2025-12The two founders paid the final call on 12,80,829 partly paid shares (Rs 0.40 of face value and Rs 38 of premium a share; issue price Rs 40) on 29 and 31 December 2025; the cash-flow statement shows Rs 491.85 lakh received. | Call money on partly paid shares | Equity shares | ₹40 | ₹5 Cr |
Read from: Vivriti Next 9th AGM notice with annual accounts FY2025-26
Leadership
Management
Narayan Ramachandran
Chairman & Independent Director
Vineet Sukumar
Founder and Managing Director
Srinivasaraghavan B
Chief Financial Officer
Gaurav Kumar
Non-Executive Director
Namrata Kaul
Independent Director
Santanu Paul
Independent Director
Anita Belani
Independent Director
John Tyler Day
Nominee Director
Read from: Company website (About)
Corporate calendar
Events
- 6 Aug 2026AGM9th annual general meeting; agenda included new employee stock option plans and a further increase in authorised capitalOpen
- 1 Apr 2026MergerScheme took effect: Vivriti Next became the 100% holding company of the lending and asset-management businesses and issued shares to their former shareholdersOpen
- 15 Jan 2026Share issueRs 200 crore of optionally convertible debentures allotted to Lighterside Private LimitedOpen
- 9 Jan 2026EGMAuthorised share capital increased again to Rs 191.42 croreOpen
- 23 Dec 2025EGMAuthorised share capital increased, adding a new class of convertible preference sharesOpen
- 9 Dec 2025Regulator approvalNCLT Chennai sanctioned the composite scheme reorganising the Vivriti group under Vivriti Next (rectified order 19 December 2025)Open
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Vivriti Next Limited on WhatsAppIs the price shown for Vivriti Next Limited final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Vivriti Next Limited shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Vivriti Next Limited shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Vivriti Next Limited. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.