Veegaland Developers IPO
Veegaland Developers opens for subscription on 10 Sept 2026 and closes on 15 Sept 2026, at a price band of ₹130 – ₹140 with a lot of 107 shares. Listing is expected on 18 Sept 2026.
Updated 22 Oct 2026
Important dates
Opens
10 Sept 2026
Closes
15 Sept 2026
Allotment
16 Sept 2026
Listing
18 Sept 2026
IPO details
| Price band | ₹130 – ₹140 |
|---|---|
| Lot size | 107 shares |
| Minimum investment | ₹14,980 |
| Issue size | ₹210 crore |
| Face value | ₹10 per share |
| Board | Mainboard |
| Listing at | BSE, NSE |
| Retail quota | 35% |
| EPS | ₹8.77 |
| RoNW | 16.02% |
Grey market premium (GMP)
Last reported GMP: ₹5 (3.6%), an unofficial estimated listing price near ₹145 or about ₹535 per lot.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscribed 13.62 times overall at the last update.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0.48× | 0.42× | 0.89× | 0.67× |
| Day 2 | 0.49× | 1.01× | 1.78× | 1.25× |
| Day 3 | 17.86× | 18.84× | 8.96× | 13.62× |
How many lots can you apply for?
At the upper price band. Retail bids go up to ₹2 lakh, small NII (sHNI) above ₹2 lakh up to ₹10 lakh, and big NII (bHNI) above ₹10 lakh.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 107 | ₹14,980 |
| Retail (max) | 13 | 1,391 | ₹1,94,740 |
| sHNI (min) | 14 | 1,498 | ₹2,09,720 |
| sHNI (max) | 66 | 7,062 | ₹9,88,680 |
| bHNI (min) | 67 | 7,169 | ₹10,03,660 |
See IPO categories explained for how allotment works in each.
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY24 | 114.61 | 103.39 | 7.83 |
| FY25 | 196.22 | 167.95 | 20.37 |
| FY26 | 254.16 | 217.96 | 26.61 |
About Veegaland Developers
Veegaland Developers, founded in 2007, is a real estate development firm that works on residential, commercial, and mixed-use projects. From planning and construction to modern design and timely execution of property developments, Veegaland Developers handles everything.
Its project portfolio includes housing projects, commercial complexes, and integrated developments serving a wide range of customers. So far, the firm has completed 10 residential projects aggregating to 11.05 lakh square feet of saleable area; 12 are ongoing projects, and 3 are upcoming ones. The company’s main aim is to build environmentally responsible properties, be useful, and provide good value to the customers.
Objects of the issue
- Funding a part of the expense to be incurred in the development of the Ongoing Projects and Upcoming Projects
- Funding unidentified acquisition of land and general corporate purposes
Allotment status and registrar
MUFG Intime India Pvt. Ltd. is the registrar. After 16 Sept 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: +91-22-4918 6270 · veegalanddevelopers.ipo@in.mpms.mufg.com
Lead managers and offer documents
- Cumulative Capital Pvt.Ltd.
Veegaland Developers IPO: FAQs
When does the Veegaland Developers IPO open and close?
The Veegaland Developers IPO opens on 10 Sept 2026 and closes on 15 Sept 2026.
What is the Veegaland Developers IPO price band?
The price band is ₹130 – ₹140 per share (face value ₹10).
What is the Veegaland Developers IPO lot size?
One lot is 107 shares, so the minimum investment is ₹14,980 at the upper price band.
When is the Veegaland Developers IPO allotment date?
Allotment is expected on 16 Sept 2026. Check the status on the registrar's site (MUFG Intime India Pvt. Ltd.) or the BSE/NSE allotment pages using your PAN.
When will Veegaland Developers shares list?
Listing is expected on 18 Sept 2026 on BSE, NSE.
What is the Veegaland Developers IPO GMP today?
The grey market premium was about ₹5 (3.6%) when this page was last updated, implying an unofficial estimated listing near ₹145. GMP is unregulated and can change quickly; do not rely on it.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.