Veegaland Developers IPO Day 3: Subscription Closes Today, 15 September 2026

Veegaland Developers IPO closes today, 15 Sep 2026. Subscribed around 1.24x so far, up from 0.62x at Day 1 close. Price band Rs 130-140.

Updated: 15 Sept 2026 • 8:43 am

Posted by:

Quick Answer

The Veegaland Developers IPO is on its final day of bidding on 15 September 2026, with the subscription window closing today. The issue has moved past full subscription, running at around 1.24 times so far, up from 0.62 times at the Day 1 close. With bidding open until the end of today's session, and institutional bids on mainboard issues often concentrating in the closing hours, the final Veegaland Developers IPO subscription figure could move higher still before the deadline.

Veegaland Developers Limited, a Kerala based real estate developer under the V-Guard Group, has reached the final day of its IPO subscription window today, 15 September 2026. The Veegaland Developers IPO opened on 10 September and is a mainboard, book built issue worth about Rs 210 crore, entirely a fresh issue. The shares are proposed to list on both NSE and BSE.

Demand for the issue built through the bidding window, moving from 0.62 times at the Day 1 close to around 1.24 times as bidding continues today. With retail, non-institutional and institutional bidding all still open until the close, the final subscription numbers for the issue could run higher than the current reading.

Click Here – Get Free Investment Predictions

Table of Contents

Veegaland Developers IPO Details

The table below sets out the key parameters of the issue.

Open Date	10 September 2026
Close Date	15 September 2026
Price Band	Rs 130 to Rs 140 per share
Lot Size	107 shares
Issue Size	Rs 210 crore (entirely fresh issue)
Issue Type	Book Built Issue
Listing At	NSE and BSE
Allotment Date	16 September 2026
Listing Date	18 September 2026

Veegaland Developers IPO Subscription Status Day 3

The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the closing day itself.

Session	Overall Subscription
Day 1 close (10 Sep, 5 PM)	0.62 times
Closing day so far (15 Sep)	Around 1.24 times

The issue has crossed full subscription heading into the close, and today's final hours will determine the ultimate figure once bidding shuts. Investors should check the live NSE and BSE numbers as the session progresses.

Track Subscription Status for the issue on the Univest Screener

How to Apply for the Veegaland Developers IPO

Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 130 to Rs 140 band, in multiples of 107 shares.
Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
Approve the UPI mandate on your phone well before the cut off today, since the issue closes for good after this session.

Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.

Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

Conclusion

The issue closes today having moved past full subscription, running at around 1.24 times so far, up from a moderate 0.62 times start. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence before the window shuts today.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs

What is the Veegaland Developers IPO subscription status on Day 3?

Ans. On the closing day, 15 September 2026, the issue is running at around 1.24 times overall, up from 0.62 times at the Day 1 close, with figures updating through today's final session.

When does the Veegaland Developers IPO close?

Ans. The issue closes for subscription today, 15 September 2026, having opened on 10 September 2026.

What is the Veegaland Developers IPO price band and lot size?

Ans. The issue price band is Rs 130 to Rs 140 per share, with a lot size of 107 shares, taking the minimum investment to about Rs 14,980 at the upper price band.

Is the Veegaland Developers IPO fully subscribed?

Ans. Yes, the issue has crossed full subscription, running at around 1.24 times as bidding continues on the closing day, with the final figure to be confirmed once the window shuts today.

What is the Veegaland Developers IPO GMP?

Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

How do I apply for the Veegaland Developers IPO before it closes?

Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 107 shares within the Rs 130 to Rs 140 band and approving the UPI mandate before today's cut off.

When will the Veegaland Developers IPO be allotted and listed?

Ans. The issue allotment is expected to be finalised on 16 September 2026, with listing on both NSE and BSE tentatively scheduled for 18 September 2026.

What is the reservation split in the Veegaland Developers IPO?

Ans. The issue reserves not more than 50 percent of the offer for qualified institutional buyers, not less than 35 percent for retail individual investors, and not less than 15 percent for non-institutional investors.

What does Veegaland Developers Limited do?

Ans. Veegaland Developers Limited, part of the V-Guard Group, plans, develops and sells residential apartment projects under the Veegaland Homes brand across Kochi, Thiruvananthapuram, Kozhikode and Thrissur in Kerala.