- Exchanges
- BSE, NSE
- Industry
- Residential, Commercial Projects
- Issue
- Book building
Veegaland Developers IPO
₹146.30
+4.50% on listing
Listing-day close · NSE · 18 Sep 2026 · issue price ₹140
Veegaland Developers’ ₹210 crore IPO was priced at ₹140 a share. It listed on the NSE on 18 Sep 2026 and closed its first day at ₹146.30, up 4.50% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹210 Cr
- Fresh issue
- ₹210 Cr
- Offer for sale
- —
- Lot size
- 107 shares
- Minimum investment
- ₹14,980
- Face value
- ₹10
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Qualified institutions (QIB) | 30.00 L | 19.13× |
| Non-institutional (NII) | 22.50 L | 19.41× |
| Retail | 52.50 L | 9.95× |
| Total | 1.05 Cr | 14.60× |
At the close of the issue, excluding anchor investors.
Financials and valuation
- Market cap (post-issue)
- ₹683 Cr
- P/E (post-issue)
- 25.6
- EPS (post-issue)
- ₹5.46
- Price to book
- 1.8
- ROE
- 16.02%
- ROCE
- 11.89%
- Debt to equity
- 0.32
- EBITDA margin
- 16.78%
- PAT margin
- 10.47%
- Promoter holding
- 92.00% → 63.69%
Financials as of 31 Mar 2026, from the offer documents.
Listing
- Listing date
- 18 Sep 2026
- Issue price
- ₹140
- Open
- ₹154.00
- High
- ₹154.00
- Low
- ₹146.30
- Close
- ₹146.30
Listing day on the NSE. The close was +4.50% on the issue price.
FAQs
When did the Veegaland Developers IPO open and close?
It opened on 10 Sep 2026 and closed on 15 Sep 2026.
What was the Veegaland Developers IPO price?
The price band was ₹130–140 a share. The final issue price was ₹140.
What is the lot size and minimum investment?
One lot is 107 shares, ₹14,980 at ₹140 a share. Retail investors apply in whole lots.
How much did Veegaland Developers raise?
₹210 crore: ₹210 crore of new shares.
How many times was the Veegaland Developers IPO subscribed?
14.60 times overall: qualified institutions 19.13 times, non-institutional 19.41 times, retail 9.95 times.
How did Veegaland Developers list?
It listed on the NSE on 18 Sep 2026 at ₹154.00 and closed the day at ₹146.30, up 4.50% on the ₹140 issue price.
Who is the registrar of the Veegaland Developers IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
Full disclaimerSee how an IPO fits your plan
Armor checks every holding against your goals, risk and timeline.
Get the app