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Veegaland Developers IPO Subscription Status

Veegaland Developers IPO was subscribed 13.55 times when bidding closed on 15 Sep 2026: QIB 17.76x, NII 18.03x, Retail 9.24x.

The Veegaland Developers IPO has been subscribed 13.55x times overall. Retail investors have shown interest with bids for 9.24x the shares available. The Non-Institutional Investor (NII) category has been subscribed 18.03x. Within NII, Big HNI (B-HNI) subscribed 17.26x and Small HNI (S-HNI) subscribed 19.55x. Qualified Institutional Buyers (QIBs) have subscribed 17.76x. Data last updated on 18 Sep, 06:32 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 10 Sep, 2026 and closes on 15 Sep, 2026. The shares are expected to list on stock exchanges on 18 Sep, 2026.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.

Last updated 18 Sep 2026, 06:32 PM
Category Bid details Times
QIB 5,73,83,779 of 32,30,768 22 applications 803.37 Cr 17.76x
NII 4,36,76,009 of 24,23,077 13,670 applications 611.46 Cr 18.03x
Retail 5,22,14,609 of 56,53,847 4,10,004 applications 731.00 Cr 9.24x
TOTAL 15,32,74,397 4,23,696 applications 2,145.84 Cr 13.55x

Veegaland Developers IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹140.

Applications
4,23,706
Allottees
50,598
Overall odds
1 in 8.4
Amount collected
₹2,212 Cr
Category Apps Got Odds
QIB 8.54x subscribed 32 32 All
Ex. Anchor
22 22 All
Anchor
10 10 All
NII (HNI) 19.14x subscribed 13,670 1,501 1 in 9.1
bNII >₹10L
3,633 1,001 1 in 3.6
sNII <₹10L
10,037 500 1 in 20
Retail 9.70x subscribed 4,10,004 49,065 1 in 8.4
TOTAL 10.54x subscribed 4,23,706 50,598 1 in 8.4

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 10.8% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 17.76x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 4-day bidding window. On phones, tap a day for the category split.

Date Total
15 Sep 2026
Day 4
13.55x ▼
QIB17.76x BHNI17.26x SHNI19.55x Retail9.24x
14 Sep 2026
Day 3
1.17x ▼
QIB0.45x BHNI0.84x SHNI1.15x Retail1.67x
11 Sep 2026
Day 2
1.15x ▼
QIB0.45x BHNI0.84x SHNI1.13x Retail1.65x
10 Sep 2026
Day 1
0.62x ▼
QIB0.45x BHNI0.32x SHNI0.53x Retail0.82x

Veegaland Developers IPO dates

From the bidding window to listing. Today is 23 October.

Key dates Listed
  1. Open 10 Sep 2026
  2. Close 15 Sep 2026
  3. Allotment 16 Sep 2026
  4. Refund/credit 17 Sep 2026
  5. Listing 18 Sep 2026

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
EQ INDIA FUND ₹14.99 Cr 23.80%
SWYOM INDIA ALPHA FUND ₹10.00 Cr 15.87%
TIGER STRATEGIES FUND 1 ₹8.00 Cr 12.70%
NAVBHARAT INVESTMENT TRUST-NAVBHARAT INVESTMENT OPPORTUNITIES FUND ₹5.00 Cr 7.94%
INNOVATIVE VISION FUND ₹5.00 Cr 7.94%
VISIONARY VALUE FUND ₹5.00 Cr 7.94%
VBCUBE VENTURES FUND II ₹5.00 Cr 7.94%
CP Capital Ltd. ₹5.00 Cr 7.94%
TAURUS MID CAP FUND ₹2.50 Cr 3.97%
TAURUS FLEXI CAP FUND ₹2.50 Cr 3.97%
TOTAL ₹62.99 Cr 100.01%

Veegaland Developers IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 in 8
~12.9% chance per PAN — 410,004 applicants for 52,839 allotment slots. Winners get exactly 1 lot (₹14,980) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 in 19
~5.4% chance — 10,037 applicants for 539 allotment slots. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 in 17
~6.2% chance — 3,633 applicants for 225 allotment slots. Lottery allots the minimum B-HNI application of 67 lots (₹10 L) per winner; the rest is proportionate.
QIB (institutions)
17.76x
Proportionate allotment — at 17.76x, institutions receive ~5.6% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Veegaland Developers IPO?

As of IPO close date (15 Sep, 2026), the Veegaland Developers IPO is subscribed 13.55x times. Retail category is 9.24x, and NII is 18.03x subscribed.

When is the allotment date for Veegaland Developers IPO?

The allotment for Veegaland Developers IPO is expected to be finalized on 16 September, 2026.

What is the GMP of Veegaland Developers?

The Grey Market Premium (GMP) for Veegaland Developers is currently ₹8, indicating a potential listing gain of 5.71%.

When will Veegaland Developers IPO list on the stock market?

Veegaland Developers is scheduled to list on BSE and NSE on 18 September, 2026.

What are the chances of getting allotment in Veegaland Developers IPO?

The retail category is oversubscribed at 9.24x, meaning allotment is by lottery. Statistically, approximately 1 in 10 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 17.76x mean for Veegaland Developers IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 17.76x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Veegaland Developers IPO allotment status?

After the allotment date (16 Sep, 2026), you can check your Veegaland Developers IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
13.55x
QIB
17.76x
NII
18.03x
Retail
9.24x
Full IPO details