Veegaland Developers IPO Day 1 Subscription Status: Issue Subscribed 0.67 Times

Authored By HDFC SKY | Last Modified: Sep 10, 2026 06:54 PM IST

Veegaland Developers IPO was subscribed 0.67 times by 4:58:12 PM on September 10, 2026, on Day 1, with retail subscription at 0.88 times.

Veegaland Developers IPO Day 1 Subscription Status

Open Free Demat Account

Mumbai, September 10: The Veegaland Developers IPO opened for subscription on September 10, 2026, and will remain open until September 15, 2026. The bookbuilding issue has a size of ₹210 crore and comprises an entirely fresh issue of 1.50 crore shares. The IPO carries a price band of ₹130 to ₹140 per share. The latest subscription figures were recorded at 4:58:12 PM on September 10, 2026, marking the Day 1 position of the issue. The retail portion received the strongest subscription among the three investor categories shown in the snapshot, followed by the QIB and NII/HNI segments.

Veegaland Developers IPO Day 1 Subscription Status

The subscription position as of 4:58:12 PM on September 10, 2026 is set out below.

Category	Subscription (x)
QIB (Ex Anchor)	0.48x
NII/HNI	0.42x
Retail	0.88x
Total	0.67x

The issue had received 30,825 applications by the time of the snapshot.

Category-wise Veegaland Developers IPO Subscription Status

Category	Shares Offered	Shares Bid For	Subscription (x)	Total Amount (₹ Cr)
Anchor	45,00,000	45,00,000	1.00x	63.000
QIB (Ex Anchor)	30,00,000	14,42,039	0.48x	20.189
NII/HNI	22,50,000	9,34,645	0.42x	13.085
bNII (> ₹10L)	15,00,000	5,09,427	0.34x	7.132
sNII (< ₹10L)	7,50,000	4,25,218	0.57x	5.953
Retail	52,50,000	46,41,446	0.88x	64.980
Total Public Issue	1,05,00,000	70,18,130	0.67x	98.254

The figures show the extent of bidding across each category on the opening day. The subscription calculation excludes the anchor portion from the public issue total.

Veegaland Developers Day’s Wise Subscription Summary

Date	QIB (Ex Anchor)	NII	NII (> ₹10L)	NII (< ₹10L)	Retail	Total
September 10, 2026 (Day 1)	0.48x	0.42x	0.34x	0.57x	0.88x	0.67x

Veegaland Developers IPO Timeline

IPO Timeline	Date
Issue Open Date	September 10, 2026
Issue Close Date	September 15, 2026
Basis of Allotment Date	September 16, 2026
Initiation of Refunds	September 17, 2026
Credit of Shares	September 17, 2026
Listing Date	September 18, 2026

Brief Overview Of The Veegaland Developers IPO

Veegaland Developers is looking to raise ₹210 crore through a bookbuilding IPO. The issue is entirely a fresh issue of 1.50 crore shares, with no offer-for-sale component.

The price band has been fixed at ₹130 to ₹140 per share, while the IPO lot size is 107 shares. At the upper end of the price band, the minimum retail application requires ₹14,980.

IPO Detail	Information
Issue Size	₹210 crore
Issue Type	Bookbuilding IPO
Price Band	₹130 to ₹140 per share
Face Value	₹10 per share
IPO Dates	September 10 to September 15, 2026
Fresh Issue	1.50 crore shares
Lot Size	107 shares
Minimum Retail Investment	₹14,980
QIB Reservation	50.00%
NII Reservation	15.00%
Retail Reservation	35.00%
Listing Exchanges	BSE, NSE
Tentative Listing Date	September 18, 2026

Source:

https://www.nseindia.com/market-data/issue-information?symbol=VEEGALAND&series=EQ&type=Active

Disclaimer

At HDFC SKY*, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations.
HDFC SKY from HDFC Securities, one of most trusted trading platforms in India, has been recognized with the *Next-Gen Digi Content Awards 2025-26.

IPO