Veegaland Developers
· Mainboard · NSE, BSE
Price Band
₹130–140
Lot Size
107 shares
Issue Size
₹210 Cr
Min. Investment
₹14,980
Grey Market Premium
Last unofficial quote before listing
Cap price plus current GMP: ₹148 — arithmetic, not a forecast
Subscription Status
Veegaland DevelopersIPO: Overview & Key Facts
Veegaland Developers IPO is a Mainboard issue that listed on NSE, BSE on 18 September 2026. The price band is ₹130–₹140 per equity share, with a market lot of 107 shares. The total issue size is ₹210 Cr. At the upper price band, the minimum application for an individual investor is 1 lot (107 shares), amounting to ₹14,980.
Veegaland Developers IPO GMP & Listing
The last grey market premium (GMP) reported for Veegaland Developers IPO before listing was ₹8, about 5.71% over the upper price band of ₹140, and informal quotes had eased over the sessions we recorded. The shares opened at ₹154 on listing day, 10% above the issue price of ₹140. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy.
Veegaland DevelopersIPO Subscription Status & Demand Analysis
On the latest figures we have, Veegaland Developers IPO was subscribed 14.52x overall — with QIB at 19.13x, NII at 19.39x, bNII at 18.59x, sNII at 21x, Retail at 9.81x, from about 4,28,551 applications. Where the individual-investor category is oversubscribed, allotment in it is decided by a computerised lottery: as many applicants as possible receive the minimum application, chosen at random.
Veegaland Developers IPO Allotment & Listing
The registrar for this issue is MUFG Intime India Pvt. Ltd. (formerly Link Intime); the basis of allotment was finalised on 16 September 2026 and the shares listed on 18 September 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹140
Listed At
₹154
Current Price
₹129.63
Issue Objectives
- 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
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 75,00,000 | 50% |
| − Anchor Investor | 45,00,000 | 30% |
| − QIB (Ex. Anchor) | 30,00,000 | 20% |
| NII (HNI) | 22,50,000 | 15% |
| − bNII > ₹10L | 15,00,000 | 10% |
| − sNII < ₹10L | 7,50,000 | 5% |
| Retail | 52,50,000 | 35% |
- QIB30.3%
- − Anchor Investor18.2%
- − QIB (Ex. Anchor)12.1%
- NII (HNI)9.1%
- − bNII > ₹10L6.1%
- − sNII < ₹10L3.0%
- Retail21.2%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 107 | ₹14,980 |
| Retail (Max) | 13 | 1391 | ₹1,94,740 |
| S-HNI (Min) | 14 | 1498 | ₹2,09,720 |
| S-HNI (Max) | 66 | 7062 | ₹9,88,680 |
| B-HNI (Min) | 67 | 7169 | ₹10,03,660 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
7.89
EPS (Post IPO)
5.46
ROE
16.02%
P/E (Pre IPO)
17.74
P/E (Post IPO)
25.64
Market Cap
₹472.50 Cr.
Contact Details
Veegaland Developers Ltd. Address
- +91 484 258 4000
- cs@veegaland.in
- https://www.veegaland.com/
Registrar Contact Details
MUFG Intime India Pvt. Ltd. (formerly Link Intime)
- +91 22 4918 6270
- ipo.helpdesk@linkintime.co.in
- https://linkintime.co.in
- C-101, 247 Park, LBS Marg, Vikhroli West, Mumbai – 400083
Frequently Asked Questions
Key Dates
- Open Date
- 10 Sept 2026
- Close Date
- 15 Sept 2026
- Basis of Allotment
- 16 Sept 2026
- Listing Date
- 18 Sept 2026
Issue Details
- Registrar
- MUFG Intime India
- Exchange
- NSE, BSE