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Veegaland Developers IPO Allotment Status

Written by: Team Angel OneUpdated on: 15 Sept 2026, 10:07 pm IST
Veegaland Developers Limited’s ₹210 crore IPO closes for subscription today, September 15, 2026. The basis of allotment is expected to be finalised on September 16, 2026, and the shares are tentatively scheduled to list on the BSE and NSE on September 18, 2026.
Veegaland Developers IPO
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Veegaland Developers Limited is a book-built mainboard IPO comprising an entirely fresh issue of 1,50,00,000 equity shares. At the upper end of the ₹130–₹140 price band, the company aims to raise ₹210 crore. There is no offer-for-sale component in the issue. 

The public issue opened for bidding on September 10, 2026, and closes today, September 15, 2026. The basis of allotment is expected to be finalised on September 16, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on September 17, 2026, before the proposed listing on the BSE and NSE on September 18, 2026. 

The IPO price band is ₹130–₹140 per equity share, and the lot size is 107 shares. At the upper price band, retail investors need a minimum investment of ₹14,980 for one lot. 

Investors can check Veegaland Developers IPO allotment status after the basis of allotment is finalised through MUFG Intime India, the registrar to the issue, or through the BSE and NSE websites. 

How to Check Veegaland Developers IPO Allotment Status Online on NSE? 

  • Go to the NSE IPO bid verification and application-status page.
  • Select the Equity IPO bid-verification or application-status option.
  • Choose “Veegaland Developers Limited” from the available issue-name dropdown after the allotment data is published.
  • Enter your PAN, application number or other requested details.
  • Complete the required verification.
  • Click on Submit to check your application and allotment status. 

How to Check Veegaland Developers IPO Allotment Status Online on BSE? 

  • Visit the BSE IPO application-status page.
  • Select “Equity” under Issue Type.
  • Choose “Veegaland Developers Limited” from the Issue Name dropdown.
  • Enter your PAN or application number.
  • Complete the captcha verification, where applicable.
  • Click on Search or Submit to view the allotment result. 

How to Check Veegaland Developers IPO Allotment Status on the Registrar’s Website? 

  • Visit the official MUFG Intime India IPO allotment-status website.
  • Select “Veegaland Developers Limited” from the IPO-name dropdown after the basis-of-allotment information is uploaded.
  • Choose PAN, application number or DP ID/Client ID as the verification method.
  • Enter the required details.
  • Complete the captcha verification, where applicable.
  • Click on Submit or Search to view your share-allotment status. 

Veegaland Developers IPO Details 

Veegaland Developers’ ₹210 crore IPO is entirely a fresh issue of 1.50 crore equity shares. The face value of each equity share is ₹10. Since there is no offer for sale, all net proceeds from the issue will accrue to the company. 

The IPO opened on September 10, 2026, and closes on September 15, 2026. The basis of allotment is expected on September 16, 2026, refunds and demat credits are expected on September 17, 2026, and the shares are scheduled to list on the BSE and NSE on September 18, 2026. 

The minimum retail application comprises one lot of 107 shares, requiring ₹14,980 at the upper price band. Retail investors can apply for up to 13 lots, or 1,391 shares, involving an investment of ₹1,94,740. 

Allocation Quota for Veegaland Developers IPO 

Investor Category Shares % of Total Issue Max Allottees 
QIB 75,00,000 50.00% NA 
↳ Anchor Investor 45,00,000 30.00% NA 
↳ QIB (Ex. Anchor) 30,00,000 20.00% NA 
NII (HNI) 22,50,000 15.00% NA 
↳ bNII > ₹10L 15,00,000 10.00% 1,001 
↳ sNII < ₹10L 7,50,000 5.00% 500 
Retail 52,50,000 35.00% 49,065 
Total 1,50,000,000 100.00%  

Note: The final category-wise allocation may vary due to anchor allocation, rounding and other issue-specific adjustments. The basis of allotment published by MUFG Intime India will be definitive. 

Veegaland Developers IPO – Overall Subscription Status 

As of the latest available update on September 15, 2026, at 4:04:48 PM (Day 3), the Veegaland Developers IPO was subscribed 14.31 times overall. The non-institutional investor (NII) category was subscribed 19.34 times, the QIB (Ex Anchor) category 19.13 times, and the retail category 9.39 times. These figures may change slightly following exchange reconciliation after the issue closes. 

Category Subscription (x) Shares Offered* Shares bid for Total Amt* (₹ Cr.) 
Anchor 1 45,00,000 45,00,000 63.000 
QIB (Ex Anchor) 19.13 30,00,000 5,73,83,779 803.373 
NII 19.34 22,50,000 4,35,15,616 609.219 
↳ bNII (> 10L) 18.59 15,00,000 2,78,82,274 390.352 
↳ sNII (< 10L) 20.84 7,50,000 1,56,33,342 218.867 
Retail 9.39 52,50,000 4,93,14,802 690.407 
Total ** 14.31 1,05,00,000 15,02,14,197 2,102.999 

Read More: Pranav Constructions Share Price: Stock Lists at ₹165 at a Premium of 33.06% on NSE! 

Veegaland Developers Business Overview 

Veegaland Developers is a Kerala-based real-estate developer engaged in residential and commercial development. The company’s IPO proceeds are intended to fund a portion of expenses for development of its ongoing projects. 

The company raised ₹63 crore from nine anchor investors before the IPO opened, allotting 45 lakh equity shares at ₹140 per share. Investors should examine the red herring prospectus for project-level information, sales and collections, regional concentration, development approvals, construction-cost exposure, debt obligations, financial performance and valuation before making an investment decision. 

Veegaland Developers IPO allotment status is expected to be available on September 16, 2026, after approval of the basis of allotment. Investors should check MUFG Intime India, BSE or NSE using their PAN, application number or DP ID/Client ID. 

Know more about IPO allotment status and check your application details online for the latest updates on share allocation. 

Disclaimer: This article has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a recommendation to buy, sell or hold any security. Investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions. 

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.

Published on: Sep 15, 2026, 4:37 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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