Subscription status
- Qualified institutional buyers (QIB)17.76x
- Non-institutional investors (NII)18.03x
- NII: bids above ₹10 lakh (big NII)17.26x
- NII: bids of ₹2–10 lakh (small NII)19.55x
- Retail investors9.24x
- Total13.55x
1x means bids equal the shares on offer. Source: NSE, bids on NSE and BSE together, as on 15-Sep-2026 17:42:00.
Shares offered and bid for, by category
| Category | Shares offered | Shares bid for |
|---|---|---|
| Qualified institutional buyers (QIB) | 32,30,768 | 5,73,83,779 |
| Foreign institutions (FII) | – | 51,62,108 |
| Banks, financial institutions and insurers | – | 78,53,907 |
| Mutual funds | – | 0 |
| Other institutions | – | 4,43,67,764 |
| Non-institutional investors (NII) | 24,23,077 | 4,36,76,009 |
| NII: bids above ₹10 lakh (big NII) | 16,15,385 | 2,78,82,274 |
| Corporates | – | 7,75,322 |
| Individuals(Other than RIIs) | – | 2,53,40,489 |
| Others | – | 17,66,463 |
| NII: bids of ₹2–10 lakh (small NII) | 8,07,692 | 1,57,93,735 |
| Corporates | – | 1,13,848 |
| Individuals(Other than RIIs) | – | 1,51,44,031 |
| Others | – | 5,35,856 |
| Retail investors | 56,53,847 | 5,22,14,609 |
| Cut Off | – | 4,57,44,212 |
| Price bids | – | 64,70,397 |
| Total | 1,13,07,692 | 15,32,74,397 |
Lot size and investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 107 | ₹14,980 |
| Retail (maximum) | 13 | 1,391 | ₹1,94,740 |
| Small NII / sHNI (minimum) | 14 | 1,498 | ₹2,09,720 |
| Small NII / sHNI (maximum) | 66 | 7,062 | ₹9,88,680 |
| Big NII / bHNI (minimum) | 67 | 7,169 | ₹10,03,660 |
Amounts at the top of the price band (₹140 a share).
IPO details
| Company | Veegaland Developers Limited |
|---|---|
| Board | Mainboard (NSE and BSE) |
| Issue period | Thu, 10 Sep 2026 to Tue, 15 Sep 2026 |
| Price band | ₹130 – ₹140 |
| Face value | ₹10 per share |
| Lot size | 107 shares |
| Cut-off time for UPI Mandate Confirmation | 15-Sep-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. |
| Issue Size | Initial Public offer comprising of Fresh issue of aggregating up to Rs 21,000 lakhs (including Anchor portion of 45,00,000 Equity Shares) |
| Issue Type | Book Building |
| Discount | NA |
| Tick Size | Re. 1 |
| Maximum Bid Quantity for QIB Investors | 1,13,07,653 Equity Shares in multiple of 107 Equity Shares (Calculated at lower end price band) |
| Maximum Bid Quantity for NIB Investors | 80,76,895 Equity Shares in multiple of 107 Equity Shares (Calculated at lower end price band) |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
| Sponsor Bank | Axis Bank Limited |
| Contact person name number and Email id | Shanti Gopalkrishnan, +91 810 811 4949, veegalanddevelopers.ipo@in.mpms.mufg.com |
| Registrar | MUFG Intime India Private Limited |
| Lead managers | Cumulative Capital Private Limited |
Issue size as stated by NSE. Details and figures: NSE.
Check allotment status
From the allotment date (Wed, 16 Sep 2026), check whether you got shares with your PAN or application number:
If you are not allotted shares, the blocked amount is released in your bank account by Thu, 17 Sep 2026.
Offer documents
The red herring prospectus (RHP) has the company's business, financials, risks and use of the money raised.
- Ratios / Basis of Issue Price (NSE, zip)
- Red Herring Prospectus (NSE, zip)
- Anchor Allocation Report (NSE, zip)
Frequently asked questions
When does the Veegaland Developers IPO open and close?
It opens on Thu, 10 Sep 2026 and closes on Tue, 15 Sep 2026.
What is the price band of the Veegaland Developers IPO?
₹130 – ₹140 per share, with a face value of ₹10.
What is the lot size and minimum investment?
One lot is 107 shares. The minimum application is one lot, which costs ₹14,980 at the top of the price band.
When is the allotment and listing date?
Allotment is expected on Wed, 16 Sep 2026 and the shares listed on Fri, 18 Sep 2026, following SEBI's T+3 timetable.
What is the Veegaland Developers IPO GMP today?
No grey market premium has been reported for this IPO yet. GMP is an unofficial figure quoted outside any exchange.
How do I check the Veegaland Developers IPO allotment status?
On the registrar's website (MUFG Intime India Private Limited) or the NSE and BSE allotment pages, using your PAN or application number, from the allotment date.
This page is information, not advice to apply or not. SmartFigure is not a SEBI-registered adviser. Read the RHP before you invest; IPOs can list below their issue price.