Veegaland Developers IPO Allotment Status: Steps to Verify Status & Key Issue Details

16 September 2026
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The allotment status for the ₹210.00 crore Veegaland Developers IPO is expected to be announced today, September 16, 2026. Investors can check their IPO allotment status on the official websites of the NSE, BSE, and the IPO registrar, MUFG Intime India Private Limited.

Following the completion of the allotment process, the shares are tentatively scheduled to be listed on the NSE and BSE on September 18, 2026.

Procedure to Check Veegaland Developers IPO Allotment Status Online on NSE

  • Visit the NSE’s IPO allotment verification status page here.
  • Select “Equity & SME IPO Bid Details”.
  • In Select, choose “VEEGALAND”.
  • Enter your PAN No. and Application No.
  • Click “Submit”.

Procedure to Check Veegaland Developers IPO Allotment Status Online on BSE

  • Click here to visit the application status page. 
  • Under Issue Type, select “Equity”.
  • In Issue Name, select “Veegaland Developers Limited”.
  • Enter your “Application No. or PAN No.”
  • Enter the given Captcha correctly.
  • Click “Submit”.

Procedure to Check Veegaland Developers IPO Allotment Status on MUFG Intime India (Registrar to the issue)

  • Visit MUFG Intime India’s IPO allotment status page here.
  • In the “Select company”, choose “Veegaland Developers Limited”.
  • Enter any of the following details:
    • PAN
    • App. No.
    • DP/Client ID
    • Account No/ IFSC
  • Click “Submit”.

Veegaland Developers IPO - Issue Details

  • Issue Type: Book Built Issue (Fresh Issue only)
  • Total Issue Size: Up to ₹210.00 crore
  • Fresh Issue: Up to ₹210.00 crore
  • Offer for Sale (OFS): Not Applicable
  • Face Value: ₹10 per equity share
  • Price Band: ₹130 to ₹140 per share
  • Lot Size: 107 shares
  • Minimum Investment Amount (Retail Investor): ₹14,980 (107 shares at the upper price)
  • Listing: BSE, NSE
  • Book Running Lead Managers: Cumulative Capital Private Limited
  • Registrar: MUFG Intime India Private Limited

Explore other Upcoming IPOs on BSE and NSE.

Veegaland Developers IPO Overall Subscription Status

[September 15, 2026, 7:00 P.M.]

Category 

Subscription (x)

Qualified Institutional Buyers (QIBs)

17.76x

Non-Institutional Investors (NIIs)

18.03x

Retail Individual Investors (RIIs)

9.24x

Total 

13.55x

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

  • Funding a part of the expense to be incurred in the development of its ongoing projects
  • Funding unidentified acquisition of land and
  • General corporate purposes.

About Veegaland Developers Limited

Incorporated in 2007, Veegaland Developers Limited is a Kerala-based real estate developer focused on residential and mixed-use developments. A part of the V-Guard Group, the company primarily builds housing projects designed to serve a wide range of homebuyers across the state.

Its portfolio includes apartments, villas, and integrated residential communities. As of June 30, 2026, Veegaland had completed 10 projects, had 12 projects under development, and 3 upcoming projects in its pipeline. The company employed 127 full-time employees as of the same date.

Key Financial Highlights 

Particulars

FY26

(in ₹ crore)

FY25

(in ₹ crore)

FY24

(in ₹ crore)

Revenue from operations

250.98 

192.38 

110.77

EBITDA

42.64 

33.77

16.72

Profit After Tax (PAT)

26.62 

20.43 

7.88

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.  

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