
Real Estate · NSE / BSE
Veegaland Developers Limited is a real estate development company involved in building residential, commercial, and mixed-use properties, handling everything from planning to construction and project execution. The company focuses on delivering quality construction, modern designs, and timely completion while catering to different customer segments through housing and commercial projects. It follows a customer-focused and compliant approach to create sustainable and value-driven developments. As of October 2025, it has completed 10 residential projects with a total saleable area of 11.05 lakh square feet and operates with a workforce of around 100 employees.
Price Band
₹130 – ₹140
Issue Size
₹1500.00 L Cr
Lot Size
107 shares
GMP
+5.7%
Est. Listing
₹148
at current GMP
Subscribed
14.60x
overall
Open
10 Sep 2026
Close
15 Sep 2026
Allotment
16 Sep 2026
Refund
17 Sep 2026
Demat Credit
18 Sep 2026
Listing
18 Sep 2026
Overall Subscription
14.60x
Total Demand
QIB Multiplier
19.13x
Institutions & Funds
NII / HNI
19.41x
High Net-Worth
Retail (RII)
9.95x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 3,000,000 | 57,383,779 | 19.13x |
| NIB | 2,250,000 | 43,676,009 | 19.41x |
| HNIs(10L +) | 1,500,000 | 27,882,274 | 18.59x |
| HNIs (2-10L) | 750,000 | 15,793,735 | 21.06x |
| RETAIL | 5,250,000 | 52,214,609 | 9.95x |
| Total | 12,750,000 | 196,950,406 | 14.60x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 49,065 | 417,683 | 8.51x |
| HNIs(10L +) | 1,001 | 3,686 | 3.68x |
| HNIs (2-10L) | 501 | 10,075 | 20.11x |
| Total Applications | 50,567 | 431,444 | 8.53x |
Veegaland Developers Limited is bringing an initial public offering (IPO) in the Real Estate sector with an aggregate issue size of ₹1,50,00,000 Crores. The shares are offered at a price band of ₹130 to ₹140 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-09-15, the basis of allotment is scheduled to be finalized on 2026-09-16. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The Veegaland Developers Limited IPO aggregate issue size is ₹1,50,00,000 Crores with an equity price band set at ₹130 to ₹140 per equity share. The retail lot size is 107 shares requiring a minimum capital outlay of approx. ₹14,980.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2026-09-16.