Veegaland Developers IPO
Veegaland Developers IPO is a mainboard IPO raising ₹210 Cr at ₹130 – ₹140 a share. The smallest application you can make is 107 shares, costing ₹14,980 at the top of the band. Bidding closes on 15 Sept 2026 and the shares list on 18 Sept 2026. So far it has been subscribed 1.15× in total.
Just covered — bids slightly exceed the shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 32,30,768 | 14,57,875 | 0.45× |
| Foreign Institutional Investors | no separate quota | 5,778 | n/a |
| Domestic Financial Institutions | no separate quota | 0 | n/a |
| Mutual funds | no separate quota | 0 | n/a |
| Others | no separate quota | 14,57,875 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 24,23,077 | 22,68,293 | 0.94× |
| Non Institutional Investors | 16,15,385 | 13,56,011 | 0.84× |
| Corporates | no separate quota | 7,383 | n/a |
| Individuals | no separate quota | 6,27,127 | n/a |
| Others | no separate quota | 7,21,501 | n/a |
| Non Institutional Investors | 8,07,692 | 9,12,282 | 1.13× |
| Corporates | no separate quota | 9,737 | n/a |
| Individuals | no separate quota | 8,78,256 | n/a |
| Others | no separate quota | 24,289 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 56,53,847 | 93,25,799 | 1.65× |
| Cut Off | no separate quota | 82,21,345 | n/a |
| Price bids | no separate quota | 11,04,454 | n/a |
| Total | 1,13,07,692 | 1,30,51,967 | 1.15× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 11 Sept, 05:15 pm IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 63% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.17 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.