
VPBanks sets IPO record of nearly 13,000 billion VND, rises to top 2 in equity
Setting a record IPO for the securities industry
On November 12, VPBank Securities Joint Stock Company (VPBankS) announced the completion of its IPO. This is the first public offering of shares, aiming to raise capital and expand its financial scale. With its outstanding scale, VPBankS has set a new record for IPO of a securities company in Vietnam.
During the offering, VPBankS successfully issued 375 million shares at VND33,900/share. Thereby, the company's charter capital increased from VND15,000 billion to VND18,750 billion. Owner's equity also increased to nearly VND33,000 billion (excluding retained earnings in the fourth quarter of 2025), putting VPBankS in the top 2 of the industry.
The strong increase in financial resources helps the company expand four strategic business pillars including: investment banking (IB), margin lending, proprietary trading and securities brokerage.
At the same time, the company will integrate more deeply into the ecosystem of Vietnam Prosperity Joint Stock Commercial Bank (VPBank), while upgrading management and diversifying products, aiming for an average growth of 32%/year in the period 2025-2030. By 2030, VPBankS aims to be the leader in total assets and pre-tax profit.
After the IPO, domestic investors own nearly 1.77 billion VPBank shares, equivalent to 94.21% of charter capital. Foreign investors hold about 109 million shares, equivalent to 5.79% of charter capital. Meanwhile, VPBank - the parent company - is still the largest shareholder with nearly 1.5 billion shares, equivalent to nearly 80% of capital.
After completing the issuance procedure, VPBankS will refund the excess money to investors and register for securities depository. At the same time, the company will take the necessary steps to list the shares. Thanks to the new regulations, VPBankS shares are expected to be traded on the HoSE in December 2025.
The attractiveness of the IPO was clearly demonstrated when the total registered volume reached nearly 390.5 million shares, equivalent to a value of more than VND13,237 billion, exceeding the offering volume. VPBankS allocated shares at a ratio of 96.036%. Notably, many large investors such as Dragon Capital and VIX Securities participated in this round.
According to VPBanks representative, the success of the IPO also came from a methodical marketing campaign. In two months, VPBanks organized a series of roadshows in the UK, Singapore, Hong Kong (China) and Thailand; along with two seminars in Hanoi and Ho Chi Minh City, attracting more than 1,500 direct investors, 10,000 online followers and hundreds of thousands of interactions on social networks.
In addition, it took VPBankS only 4 weeks to develop an online IPO registration application on NEO Invest, and integrate IPO information into the AI investment assistant StockGuru, helping tens of thousands of investors access it more transparently and conveniently.
Reaching 1 million accounts and growing strongly
In addition, VPBankS continues to make its mark by officially reaching the milestone of 1 million securities trading accounts. This number is equivalent to nearly 10% of the total number of securities accounts in the entire Vietnamese market, an achievement that many large companies took decades to achieve.
The growth momentum comes from the NEO Invest investment platform - an application developed by VPBankS. With a friendly interface, high processing speed, many trading and analysis features, NEO Invest quickly became one of the most popular stock applications. The application ranked No. 1 on the Android operating system with a rating of 4.5/5 stars and No. 3 on iOS with 4.8/5 stars, attracting hundreds of thousands of downloads.
Meanwhile, VPBankS's business results also grew positively. In the first 9 months of 2025, the company achieved pre-tax profit of VND 3,260 billion, ranking in the top 4 of the industry. Total assets by the end of September 2025 reached VND 62,100 billion, putting the company in the group of three largest securities companies in the market.
In particular, margin lending activities recorded strong growth, reaching nearly VND27,000 billion. Since then, with the capital foundation consolidated after the IPO, VPBankS' margin lending limit has been increased to about VND40,000 billion, opening up room for sustainable development in the coming time.
Mr. Minh
Source: https://baochinhphu.vn/vpbanks-lap-ky-luc-ipo-gan-13000-ty-dong-vuon-len-top-2-von-chu-so-huu-10225111318461344.htm






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