Veegaland Developers IPO Subscription Till Now: Issue Subscribed 0.98x on Day 2
Information Subscription
On the second day till 11-Sep-2026 12:51:0, Veegaland Developers IPO received bids for 1,02,11,224 shares against 1,13,07,692 shares available for subscription, according to NSE data. The retail investor category was subscribed 1.22 times, while the Non-Institutional Investor (NII) category and Qualified Institutional Buyer (QIB) portion received 0.77x and 0.45x bids, respectively, at the time of the update. Investors can also visit our IPO page to track subscription updates and other upcoming public issues.
| Sr. No. | Category | No. of Times of Total Meant for the Category |
|---|---|---|
| 1 | Qualified Institutional Buyers (QIBs) | 0.45x |
| 2 | Non-Institutional Investors | 0.80x |
| 3 | Retail Individual Investors (RIIs) | 1.35x |
| - | Total | 0.98x |
Veegaland Developers IPO Overview & Purpose
Veegaland Developers is raising rupee 210 crore through a fresh issue of 1.50 crore shares priced in the range of rupee 130–rupee 140 per share. The company operates in the real estate sector, with a focus on residential and commercial developments in Kerala.
The IPO proceeds are intended to support the company's business and growth requirements.
Disclaimer: This content is for informational purposes only and should not be considered investment advice. Please consult a financial advisor before making any investment decisions.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)
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