Veegaland Developers Limited IPO
listed · NSE · Bookbuilding IPO
Veegaland Developers Limited IPO was a ₹210 crore book-built issue on NSE with a price band of ₹130–₹140 per share, open for bidding from 10 Sep 2026 to 15 Sep 2026.
Last updated: · How we collect data
Company overview
- Website
- https://www.veegaland.com/
IPO overview
Veegaland Developers Limited raised ₹210 crore through a book-built issue, made up entirely of new shares, so the proceeds go to the company.
Bids were accepted within a price band of ₹130–₹140 per share (face value ₹10); the final issue price is set within this band after bidding closes.
The shares listed on NSE on 18 Sep 2026.
Cumulative Capital Pvt.Ltd. was the book-running lead manager and MUFG Intime India Pvt.Ltd. is the registrar, which processes applications, allotment and refunds.
- Issue type
- Bookbuilding IPO
- Issue structure
- Fresh capital only
- Issue size
- ₹210 crore
- Price
- ₹130–₹140 per share
- Face value
- ₹10 per share
- Exchange
- NSE
- Lead manager
- Cumulative Capital Pvt.Ltd.
- Registrar
- MUFG Intime India Pvt.Ltd.
IPO timeline
- Bidding opens 10 Sep 2026
- Bidding closes 15 Sep 2026
- Basis of allotment 16 Sep 2026
- Refunds / unblocking 17 Sep 2026
- Shares credited to demat 17 Sep 2026
- Listing 18 Sep 2026
Bidding ran from 10 Sep 2026 to 15 Sep 2026.
After bidding, the basis of allotment was due on 16 Sep 2026, refunds / unblocking of funds were due on 17 Sep 2026 and shares were due to be credited to demat accounts on 17 Sep 2026.
The shares listed on 18 Sep 2026.
Subscription summary
By the close of bidding, the issue was subscribed 13.55× overall (last figure recorded 15 Sep 2026).
By category: qualified institutional buyers (QIB) 17.76×, non-institutional investors (NII) 18.03× and retail investors 9.24×.
Recorded day by day: 10 Sep 0.67×, 11 Sep 1.25×, 12 Sep 1.25×, 13 Sep 1.25×, 14 Sep 1.25× and 15 Sep 13.55×.
Bids were received for 13.55× the shares available, so not every applicant in an oversubscribed category will receive shares.
| Category | Subscribed (as of 15 Sep 2026) |
|---|---|
| QIB | 17.76× |
| NII | 18.03× |
| Retail | 9.24× |
| Overall | 13.55× |
Grey market premium (unofficial)
The last grey market premium (GMP) we recorded for this issue was ₹8.50 on 17 Sep 2026, equal to 6.1% of the upper price band.
Across 10 readings between 8 Sep 2026 and 17 Sep 2026, the quoted GMP ranged from ₹8 to ₹33.
We do not yet record actual listing prices, so this page does not compare the GMP with where the shares opened.
- GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.
Allotment
The basis of allotment was due on 16 Sep 2026. Applicants can check their status using their PAN, application number or demat account details.
The registrar, MUFG Intime India Pvt.Ltd., processes allotment; check status on its website or the exchange's application-status page.
Sources and data methodology
NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain live subscription report (third-party); InvestorGain grey market report (unofficial); Chittorgarh allotment calendar. Methodology · Report an error
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