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Veegaland Developers Ltd

Veegaland Developers Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹140
₹140
GMP (Grey Market)
+₹6
+4.29%
Est. Listing Price
₹146
Based on GMP
Min. Investment
₹14,980
1 lot × 107 shares
Subscribed
10.54x
Over-subscribed
IPO Details
Open Date
10 Sep 2026
Close Date
15 Sep 2026
Allotment
16 Sep 2026
Listing Date
15 Sep 2026
Exchange
NSE & BSE
Price Band
₹140
Listing Price
See chart
Allotment Status
Price Band
₹140
Per share
Face Value
₹10 per share
 
Lot Size
107 Shares
per lot
Issue Size
1,50,00,000 shares (agg. up to ₹210 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,980
1 lot
Pre-IPO Holding
3,37,50,000 shares
Promoters
Post-IPO Holding
4,87,50,000 shares
Promoters
P/E (Pre)
17.74x
 
P/E (Post)
25.64x
 
EPS (Pre)
₹7.89
 
EPS (Post)
₹5.46
 
UPI Deadline
5:00 PM on 15 Sep 2026
Mandate
GMP
+₹6
+4.29% est.
Anchor AllotmentWed, 09 Sep 2026
Basis of AllotmentWed, 16 Sep 2026
Refund InitiationThu, 17 Sep 2026
Demat CreditThu, 17 Sep 2026
Listing DayTue, 15 Sep 2026
UPI Mandate Deadline5:00 PM on 15 Sep 2026
Sale TypeFresh capital only
Fresh Issue Shares1,50,00,000 shares (agg. up to ₹210 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Veegaland Developers Ltd IPO subscribed 10.54 times overall. Retail: 9.70x. QIB: 8.54x. NII: 19.14x. By 15 Sep 2026.
QIB
8.54x
Over
NII/HNI
19.14x
Over
Retail
9.70x
Over
Total
10.54x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 8.54x
7,500,000
₹105.00
NII / HNI
Over 19.14x
2,250,000
₹31.50
Retail
Over 9.70x
5,250,000
₹73.50
Total 10.54x
15,000,000
100% ₹210.00
IPO Shares Offered
Veegaland Developers Ltd IPO total issue size: ₹210.00 Cr. Retail: ₹73.50 Cr. QIB: ₹105.00 Cr. NII: ₹31.50 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 7,500,000 ₹105.00
50.00%
NII 2,250,000 ₹31.50
15.00%
Retail 5,250,000 ₹73.50
35.00%
Total 15,000,000 ₹210.00
100.00%
* Based on upper price band ₹140 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 2,250,000 5,250,000 7,500,000
Allotment price (₹) 140 140 140 140 140 140 140 140
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹73.50 ₹73.50
Times subscribed 8.54x 19.14x 9.70x 10.54x
Shares allotted 2,250,000 5,250,000 7,500,000
No. of allottees
* Upper price band ₹140 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
107
Shares per Lot
Issue Price
₹140.00
Upper Band
Min Investment
₹14,980
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2214₹29,960
Retail (Max — 13 Lots)131,391₹194,740
S-HNI (Min — 14 Lots)141,498₹209,720
B-HNI (Min — 68 Lots)687,276₹1,018,640
* Issue Price ₹140 × Lot Size 107 shares
IPO Schedule
Anchor
09 Sep 2026
✓ Done
IPO Open
10 Sep 2026
✓ Done
IPO Close
15 Sep 2026
✓ Done
Allotment
16 Sep 2026
✓ Done
Refunds
17 Sep 2026
✓ Done
Demat Credit
17 Sep 2026
✓ Done
Listing Day
15 Sep 2026
✓ Done
Veegaland Developers Ltd — Live Price LIVE
₹140.00
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Issue ₹140.00 GMP: +₹6 Live Price
About Veegaland Developers Ltd
Incorporated in 2007, Veegaland Developers Limited is engaged in real estate development, focusing on residential, commercial, and mixed-use projects. The company undertakes planning, construction, and execution of property developments. The company emphasizes quality construction, modern design, and timely project delivery. Its portfolio typically includes housing projects, commercial complexes, and integrated developments catering to diverse customer segments.Their business projects can be classified into the following categories based on the nature and description of each project:Completed Projects: 10 Completed ProjectsOngoing Projects: 12 Ongoing ProjectsUpcoming Projects: 3 UpcomingVeegaland Developers Limited aims to create sustainable and value-driven properties by adopting efficient construction practices, customer-centric approaches, and compliance with regulatory standards in the real estate sector.As of June 30, 2026, The Company has completed 10 residential projects aggregating to 11.05 lakh square feet of saleable area. These comprised of 692 units (including 43 units allocated to landowners under JDAs).As of June 30, 2026, the company had employed 127 full-time employees.Competitive Strengths:Established track record of timely completion and sales absorption across completed and ongoing projectsIntegrated land source approach and balanced multi-stage development portfolioIntegrated and process-driven development model covering the entire project lifecycleExperienced Promoters and competent management team supported by strong in-house functional capabilities
Objects of the Issue
1
Funding a part of the expense to be incurred in the development of the Ongoing Projects and Upcoming Projects
2
Funding unidentified acquisition of land and general corporate purposes
Veegaland Developers Ltd Financials (Amount in ₹ Crores)
Revenue from Operations
₹114.6
31 Mar 2024
₹196.2
31 Mar 2025
₹254.2
31 Mar 2026
Profit After Tax (PAT)
₹7.9
31 Mar 2024
₹20.4
31 Mar 2025
₹26.6
31 Mar 2026
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 254.16 196.22 114.61
EBITDA 42.64 33.77 16.72
Profit After Tax (PAT) 26.61 20.43 7.87
Net Worth 266.90 65.44 45.07
Total Assets 483.81 326.65 221.01
Reserves & Surplus 233.15 60.44 40.07
Borrowings 85.59 176.97 120.23
EBITDA Margin (%) 16.78
PAT Margin (%) 10.47
P/BV Ratio
1.77
RoE
16.02
RoCE
11.89
RoNW
16.02
PAT Margin
10.47
EBITDA Margin
16.78
Debt/Equity
0.32
Issue Structure & Shareholding
Total Shares Offered1,50,00,000
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding3,37,50,000 shares
Post-Issue Promoter Holding4,87,50,000 shares
P/BV Ratio1.77
RoE16.02
RoCE11.89
Debt / Equity0.32
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Cumulative Capital Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Veegaland Developers Ltd IPO subscribed?

Veegaland Developers Ltd IPO is subscribed 10.54 times by Sep 15, 2026. Retail: 9.70x. QIB: 8.54x. NII: 19.14x.

Investor CategorySubscription
Qualified Institutional (QIB)8.54x
Non Institutional (NII/HNI)19.14x
Retail Individual9.70x
Total Subscription10.54x
What is Veegaland Developers Ltd IPO retail subscription status?

The Veegaland Developers Ltd IPO retail category is subscribed 9.70 times as of 15 Sep 2026. The retail portion is oversubscribed.

How to subscribe Veegaland Developers Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 10 Sep 2026 and closes 15 Sep 2026. Min investment: ₹14,980 (1 lot = 107 shares). UPI mandate: 5:00 PM on 15 Sep 2026.

How many times Veegaland Developers Ltd IPO subscribed?

The Veegaland Developers Ltd IPO subscribed 10.54x overall. QIB: 8.54x, NII: 19.14x, Retail: 9.70x. Applications: from NSE/BSE.

How to check Veegaland Developers Ltd IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://in.mpms.mufg.com/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 16 Sep 2026. Refunds: on 17 Sep 2026.

When Veegaland Developers Ltd IPO will be listed?

The Veegaland Developers Ltd IPO listing date is 15 Sep 2026, Tuesday. Listed on: NSE & BSE. Issue price: ₹140. Estimated listing: ₹146. GMP: +₹6.

When Veegaland Developers Ltd IPO close?

The Veegaland Developers Ltd IPO closes on 15 Sep 2026, Tuesday. UPI mandate: 5:00 PM on 15 Sep 2026. Allotment: 16 Sep 2026. Listing: 15 Sep 2026.