Veegaland Developers IPO Subscription Status
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 15 Sep, 07:30 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.
Table of Contents
Live Bidding
| Category | Offered | Applied | Amount (Cr) | Bid Details | TIMES |
|---|---|---|---|---|---|
|
QIB
|
32,30,768 | 5,73,83,779 | 803.37 Cr |
5,73,83,779
of 32,30,768
803.37 Cr
|
17.76x |
|
NII
|
24,23,077 | 4,36,76,009 | 611.46 Cr |
4,36,76,009
of 24,23,077
611.46 Cr
|
18.03x |
|
Retail
|
56,53,847 | 5,22,14,609 | 731.00 Cr |
5,22,14,609
of 56,53,847
731.00 Cr
|
9.24x |
| TOTAL | 1,13,07,692 | 15,32,74,397 | 2,145.84 Cr |
15,32,74,397
2,145.84 Cr
|
13.55x |
Last Updated: 15 Sep 2026, 07:30 PM
Application-wise Breakup (Estimated)
Approximate application counts — the exchanges don't publish these during bidding. Estimated from shares bid using the typical application size seen in recent IPOs' Basis of Allotment data. Final counts appear here once the Basis of Allotment is out.
| Category | Max Applications | Est. Applied | Times |
|---|---|---|---|
|
Retail
max 49,065
|
49,065 | 3,99,960 | 8.15x |
|
sNII (₹2–10 L)
max 501
|
501 | 10,054 | 20.07x |
|
bNII (₹10 L+)
max 209
|
209 | 3,787 | 18.12x |
| TOTAL (EST.) | 4,13,801 |
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
Subscription trends over the last 4 days
| Date | Total | ||
|---|---|---|---|
|
15 Sep 2026
DAY 4
|
13.55x
|
||
|
QIB
17.76x
BHNI
17.26x
SHNI
19.55x
Retail
9.24x
|
|||
|
14 Sep 2026
DAY 3
|
1.17x
|
||
|
QIB
0.45x
BHNI
0.84x
SHNI
1.15x
Retail
1.67x
|
|||
|
11 Sep 2026
DAY 2
|
1.15x
|
||
|
QIB
0.45x
BHNI
0.84x
SHNI
1.13x
Retail
1.65x
|
|||
|
10 Sep 2026
DAY 1
|
0.62x
|
||
|
QIB
0.45x
BHNI
0.32x
SHNI
0.53x
Retail
0.82x
|
|||
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Anchor Investor Allocation
Breakdown of shares allotted to anchor investors before the IPO opening
| 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 | 4,500,000 | ₹62.99 Cr | 100.01% |
Veegaland Developers IPO Allotment Probability
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:
- 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.
- 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.
- 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.
- 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 market hours (10 AM – 5 PM IST) on active subscription days.
Frequently Asked Questions
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 ₹10, indicating a potential listing gain of 7.14%.
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.
Explore Veegaland Developers IPO Further
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