IPO-Insights

Veegaland Developers Ltd. IPO – Subscription Status, Dates, and How to Apply

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Anshika

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The Veegaland Developers Ltd. IPO opened for subscription on September 10, 2026. The company’s public issue is a mainboard IPO and will remain open for bidding until September 15, 2026.

The IPO has a price band of ₹130 to ₹140 per share, with a market lot of 107 shares. The face value of each equity share is ₹10.

Veegaland Developers Ltd. IPO Subscription Status

The Veegaland Developers Ltd. IPO received bids from Retail Individual Investors (RII) and Non-Institutional Investors (NII) on its opening day, while the Qualified Institutional Buyers (QIB) category had not recorded subscription at the reported time.

Day 1 Subscription Status (September 10, 2026)

On the first day of bidding, the Veegaland Developers Ltd. IPO recorded an overall subscription of 0.36×. Retail Individual Investors recorded the highest participation among the reported categories at 0.61×, followed by Non-Institutional Investors at 0.27×.

Investor Category Subscription (Times)

Qualified Institutional Buyers (QIB)

0.00×

Retail Individual Investors (RII)

0.61×

Non-Institutional Investors (NII)

0.27×

Total

0.36×

The retail portion was subscribed 0.61×, while the Non-Institutional Investors category recorded a subscription of 0.27×. The Qualified Institutional Buyers category stood at 0.00× at the reported time. Overall, the issue was subscribed 0.36× on Day 1.

Subscription figures are based on bids received during the IPO bidding period and may be subject to subsequent updates or reconciliation. The IPO remains open for subscription until September 15, 2026.

Day 2 Subscription Status (September 11, 2026)

The Veegaland Developers Ltd. IPO recorded an increase in investor participation on Day 2 of the bidding period. As of the reported subscription data on September 11, 2026, the issue was subscribed 1.03× overall. Retail Individual Investors recorded the highest subscription among the reported categories, followed by Non-Institutional Investors and Qualified Institutional Buyers.

Investor Category Subscription (Times)

Qualified Institutional Buyers (QIB)

0.45×

Retail Individual Investors (RII)

1.44×

Non-Institutional Investors (NII)

0.83×

Total

1.03×

Retail Individual Investors led the bidding activity on Day 2, with their reserved portion subscribed 1.44×. Non-Institutional Investors recorded a subscription of 0.83×, while the Qualified Institutional Buyers category stood at 0.45×. Overall, the Veegaland Developers Ltd. IPO subscription increased from 0.36× on Day 1 to 1.03× on Day 2, reflecting an increase in participation across all three reported investor categories.

Subscription figures are based on bids received during the IPO bidding period and may be subject to subsequent updates or reconciliation. The IPO remains open for subscription until September 15, 2026.

Veegaland Developers Ltd. IPO Price Band and Lot Size

The price band for the Veegaland Developers Ltd. IPO is set between ₹130 and ₹140 per share. The market lot consists of 107 shares, while the face value is ₹10 per share.

At the upper end of the price band, an application for one lot requires an investment of ₹14,980.

Investor Category Lots Shares Amount (₹)

Retail (Minimum)

1

107

₹14,980

Retail (Maximum)

13

1,391

₹1,94,740

S-HNI (Min)

14

1,498

₹2,09,720

B-HNI (Min)

67

7,169

₹10,03,660

The minimum application value at the upper end of the price band can be calculated as follows:

Minimum application amount = 107 shares × ₹140 = ₹14,980

Since the IPO follows the book-building route, investors can place bids within the ₹130–₹140 price band, subject to applicable bidding and investor-category requirements.

For detailed insights about the company, issue particulars, and the latest updates, visit the Veegaland Developers Ltd. IPO page on Bajaj Markets.

Veegaland Developers Ltd. IPO Dates and Timeline

The timeline below highlights the milestones from the opening of the issue through its proposed listing:

Event Date Details

IPO Open Date

September 10, 2026

Issue opens for subscription

IPO Close Date

September 15, 2026

Final day to submit bids

Basis of Allotment

September 16, 2026

Finalisation of share allotment

Refunds Initiation

September 17, 2026

Refund or fund-unblocking process begins

Credit of Shares to Demat

September 17, 2026

Shares credited to successful applicants

Listing Date

September 18, 2026

Shares proposed to list on the stock exchanges

Note: These dates represent procedural milestones based on the available IPO information and are intended for informational purposes only.

How to Apply for Veegaland Developers Ltd. IPO

Investors can apply for the Veegaland Developers Ltd. IPO using either the ASBA facility through their bank or via UPI on supported broker platforms.

Through ASBA (Net Banking)

This method allows the IPO application amount to remain blocked in the investor’s bank account until the allotment process is completed.

  1. Log in to your internet banking account.

  2. Go to the ‘Investments’ or ‘IPO Application’ section.

  3. Select ‘Veegaland Developers Ltd. IPO’ from the available list.

  4. Enter your preferred bid quantity and price within the announced price band.

  5. Confirm and submit your application.

  6. The bid amount will remain blocked in your account until allotment.

  7. Upon allotment, the applicable amount will be debited and the shares will be credited to your Demat account.

Through UPI via Broker Platforms

You can also apply using UPI through your stockbroker’s or financial marketplace’s online platform.

  1. Log in to your trading account or Demat account on your broker’s platform or financial marketplace.

  2. Navigate to the IPO section and select ‘Veegaland Developers Ltd. IPO’.

  3. Enter your application details, including the number of lots and bid price.

  4. Provide your UPI ID linked to your bank account.

  5. Approve the UPI mandate request on your supported UPI application.

  6. The applicable funds will remain blocked until the allotment process is completed.

  7. Once allotted, the shares will be credited directly to your Demat account.

Disclaimer

The information provided above is based on publicly available data from reliable financial and market sources. Investors are advised to verify figures before making investment decisions. Market conditions, subscription numbers, and IPO timelines are subject to change during the issue period.

This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.

Sources

  • LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo

  • Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo 

  • Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/ 

  • NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos 

  • Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner 

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Hi! I’m Anshika
Financial Content Specialist
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Anshika brings 7+ years of experience in stock market operations, project management, and investment banking processes. She has led cross-functional initiatives and managed the delivery of digital investment portals. Backed by industry certifications, she holds a strong foundation in financial operations. With deep expertise in capital markets, she connects strategy with execution, ensuring compliance to deliver impact. 

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