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.
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.
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.
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.
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.
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.
Investors can apply for the Veegaland Developers Ltd. IPO using either the ASBA facility through their bank or via UPI on supported broker platforms.
This method allows the IPO application amount to remain blocked in the investor’s bank account until the allotment process is completed.
Log in to your internet banking account.
Go to the ‘Investments’ or ‘IPO Application’ section.
Select ‘Veegaland Developers Ltd. IPO’ from the available list.
Enter your preferred bid quantity and price within the announced price band.
Confirm and submit your application.
The bid amount will remain blocked in your account until allotment.
Upon allotment, the applicable amount will be debited and the shares will be credited to your Demat account.
You can also apply using UPI through your stockbroker’s or financial marketplace’s online platform.
Log in to your trading account or Demat account on your broker’s platform or financial marketplace.
Navigate to the IPO section and select ‘Veegaland Developers Ltd. IPO’.
Enter your application details, including the number of lots and bid price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request on your supported UPI application.
The applicable funds will remain blocked until the allotment process is completed.
Once allotted, the shares will be credited directly to your Demat account.
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