Markets / IPO / Veegaland Developers

Veegaland Developers IPO

Updated 17:42

Mainboard IPO on NSE and BSE · Residential Commercial Projects

Status

Listed

Price band

₹130–140

Lot size

107 shares · ₹14,980

Subscribed

13.55×

How it listed

Issue price

₹140

Listing price (open)

₹154.00 +10.00%

First-day close

₹146.30 +4.50%

Price now

₹137.58 -1.73%

Listing day	18 Sept 2026
Open / high / low / close	₹154.00 / ₹154.00 / ₹146.30 / ₹146.30
Shares traded on NSE	52,27,484
Market value at the listing-day close	₹494 cr

Closing prices since listing: 26 Oct ₹124.92, 27 Oct ₹125.57, 28 Oct ₹133.52, 29 Oct ₹134.12, 30 Oct ₹130.86, 2 Nov ₹129.33, 3 Nov ₹131.97, 4 Nov ₹132.61, 5 Nov ₹137.99, 6 Nov ₹137.05.

Veegaland Developers share price, live chart and technicals →

Key dates

Bidding opens	10 Sept 2026
Bidding closes	15 Sept 2026
Allotment	16 Sept 2026
Refunds and shares in demat	17 Sept 2026
Listing	18 Sept 2026

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Anchor investors	45,00,000	28.47%	–
Institutions (QIB)	32,30,768	20.44%	–
HNI / NII	24,23,077	15.33%	–
HNI, above ₹10 lakh	16,15,385	10.22%	225
HNI, ₹2–10 lakh	8,07,692	5.11%	539
Retail	56,53,847	35.77%	52,839

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	107	₹14,980
Retail (maximum)	13	1,391	₹1,94,740
Small HNI (minimum)	14	1,498	₹2,09,720
Small HNI (maximum)	66	7,062	₹9,88,680
Big HNI (minimum)	67	7,169	₹10,03,660

At ₹140 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance

At least 1 in 9

Retail allotments available

52,839 × one lot

Retail portion subscribed

9.24×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	32,30,768	5,73,83,779	17.76×
HNI / NII	24,23,077	4,36,76,009	18.03×
HNI, above ₹10 lakh	16,15,385	2,78,82,274	17.26×
HNI, ₹2–10 lakh	8,07,692	1,57,93,735	19.55×
Retail	56,53,847	5,22,14,609	9.24×
Total	1,13,07,692	15,32,74,397	13.55×

NSE and BSE bids together, as of 15 Sept 2026 17:42.

Demand at each price

Top price ₹140	1,073.94 lakh shares	70.0%
Cut-off final price, whatever it is; mostly retail	457.92 lakh shares	29.8%
Lower prices ₹130–139	2.59 lakh shares	0.2%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	9 Sept 2026
Anchor shares	45,00,000
Raised from anchors	₹63.00 cr
Lock-in ends for the first 50% (30 days)	15 Oct 2026
Lock-in ends for the remaining 50% (90 days)	14 Dec 2026 (in 38 days)

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹473 cr	₹464 cr
P/E (last 12 months' profit)	–	–

Revenue, last 12 months	–
Profit, last 12 months	–
Return on equity	–
Debt to equity	–

From results the company filed with NSE (latest period to 30 Jun 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Residential Commercial Projects

Company	Listed	Subscribed	On listing	Since IPO
Runwal Enterprises	5 Oct	2.50×	0.00%	-30.94%
Pranav Constructions	15 Sept	121.00×	+33.06%	-31.48%
Horizon Industrial Parks	24 Aug	1.45×	+0.42%	-27.62%
Sri Lotus Developers and Realty	6 Aug	69.14×	+18.67%	+55.88%
Kalpataru	1 Jul	2.26×	0.00%	-39.92%
Active Infrastructures SME	28 Mar	–	0.00%	-4.70%

IPO details

Price band	₹130–140
Final issue price	₹140
Lot size	107 shares
Minimum investment	₹14,980 (1 lot)
Market	NSE mainboard
Issue type	Book Building
Face value	₹10 per Equity Share
Industry	Residential Commercial Projects
Issue size	₹210.00 crore (about 1.50 crore shares) · Fresh issue only
ISIN	INE1JTV01015
Registrar	MUFG Intime India Private Limited Helpline: +91 810 811 4949, veegalanddevelopers.ipo@in.mpms.mufg.com
Lead managers	Cumulative Capital Private Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 16 Sept 2026. Check it on the registrar's page (MUFG Intime India Private Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Veegaland Developers IPO price band and lot size?

The price band is ₹130–140 per share, and one lot is 107 shares (₹14,980 at the upper price).

When is the Veegaland Developers IPO allotment date?

Allotment was finalised on 16 Sept 2026, the next working day after bidding closed on 15 Sept 2026.

How many times was the Veegaland Developers IPO subscribed?

In total 13.55 times, on NSE and BSE together; retail 9.24 times.

What is the Veegaland Developers IPO listing date?

It listed on 18 Sept 2026 on NSE and BSE.

What is the chance of getting Veegaland Developers IPO shares?

At least 1 in 9 retail applicants got the minimum lot: 52,839 retail allotments with the retail portion subscribed 9.24 times. Winners are picked by lottery.

When does the Veegaland Developers anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 15 Oct 2026 and the 90-day lock-in on the rest ends on 14 Dec 2026; they can sell from the next trading day.

What was the Veegaland Developers listing gain?

It opened at ₹154.00 against an issue price of ₹140, a gain of 10.00%. It is now down 1.73% from the issue price.