Veegaland Developers IPO: GMP, subscription and allotment status
This IPO has left the live dashboard. The figures below are as recorded on 24 Sept 2026.
—No subscription figures
- Listed at
- ₹154
- +10.0% on issue price
- Est. listing
- —
- No estimate
- Price band
- ₹130–140
- Lot
- 107 shares
- Min. ₹14,980
Allotment
Allotment is published. Check every saved PAN in one go.
Dates
10 → 15 Sept · allot 16 · list 18Refunds and shares in your demat account on 17 Sept.
Subscription by category
Subscription figures here come from NSE's bid data, and this issue bids on BSE SME, so there are none on this page.
See this IPO on IPOWatchIssue details
- Segment
- Mainboard
- Face value
- ₹10
- Issue type
- Book Building Issue
- Fresh issue
- ₹210 Crores
- Listing at
- BSE, NSE
- Registrar
- MUFG Intime
- NSE symbol
- —
GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from
What you can apply for
- Retail Minimum
- 1 lot, 107 shares
- 107
- ₹14,980
- Retail Maximum
- 13 lots, 1,391 shares
- 1,391
- ₹1,94,740
- S-HNI Minimum
- 14 lots, 1,498 shares
- 1,498
- ₹2,09,720
- S-HNI Maximum
- 66 lots, 7,062 shares
- 7,062
- ₹9,88,680
- B-HNI Minimum
- 67 lots, 7,169 shares
- 7,169
- ₹10,03,660
A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.
Where the money goes
- Funding a part of the expense to be incurred in the development of the Ongoing Projects and Upcoming Projects
- ₹119.83 Cr
- Funding unidentified acquisition of land and general corporate purposes
- —
What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.
Company numbers
₹254.16 Cr+29.5% on 2025
₹26.61 Cr+30.2% on 2025
₹483.81 Cr+48.1% on 2025
- 2026
- Revenue ₹254.16
- Profit ₹26.61
- Assets ₹483.81
- 2025
- Revenue ₹196.22
- Profit ₹20.43
- Assets ₹326.65
- 2024
- Revenue ₹114.61
- Profit ₹7.87
- Assets ₹221.01
In ₹ crore, for the years the offer document reports.
- ROE
- 16.02%
- ROCE
- 11.89%
- EBITDA Margin
- 16.78%
- PAT Margin
- 10.47%
- Debt to equity ratio
- 0.32
- Earning Per Share (EPS)
- ₹8.77 (Basic)
- Return on Net Worth (RoNW)
- 16.02%
- Net Asset Value (NAV)
- ₹79.08
Listed peers
- Shriram Properties Limited
- P/E 12.91
- EPS 5.91
- Return on net worth 7.16%
- Puravankara Limited
- P/E 84.24
- EPS 2.69
- Return on net worth 3.23%
Price to earnings, earnings per share and return on net worth, as the offer document reports them.
Who the issue is reserved for
- Anchor
- 30%
- QIB
- 20%
- NII
- 15%
- Retail
- 35%
Share of the issue set aside for each kind of investor.
Promoters and bankers
- Promoters
- Kochouseph Thomas Chittilappilly and K
- Promoter holding
- 92.00% before the IPO, 63.69% after
- Lead managers
- Cumulative Capital Pvt.Ltd.
Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.
More Mainboard IPOs
- Bombay Coated and Special Steels IPOCloses 2 Nov
- Steamhouse India IPOListed 17 Sept
- Manika Plastech IPOListed 21 Sept
Frequently asked questions
- When does Veegaland Developers IPO open and close?
- Bidding ran from 10 September 2026 to 15 September 2026.
- What is the Veegaland Developers IPO allotment date?
- Allotment is out. You can check it by PAN now.
- When will Veegaland Developers IPO list?
- It listed on 18 September 2026.
- What is the lot size and minimum investment for Veegaland Developers IPO?
- One lot is 107 shares, so the minimum investment at the upper price of ₹140 is ₹14,980.
- How do I check Veegaland Developers IPO allotment status?
- MUFG Intime has published the allotment. Use Check allotment on this page to check every PAN in your family in one go.