Veegaland Developers IPO GMP Today
Expected Gain: 12.86%
Veegaland Developers IPO GMP Today, 15 September 2026
Veegaland Developers IPO GMP today is ₹18. The latest grey market premium is reported at ₹18 on 15 September 2026.
Veegaland Developers IPO has a price band of ₹130 to ₹140 per share. Based on the upper price band of ₹140 and the current GMP of ₹18, the estimated listing price is ₹158 per share.
At the current GMP, the estimated listing gain is approximately 12.86% over the IPO upper price of ₹140.
Veegaland Developers IPO is scheduled to open for subscription on 10 September 2026 and close on 15 September 2026. The IPO is expected to be listed on 18 September 2026 on BSE and NSE.
The grey market premium can change before the IPO listing depending on subscription demand, market conditions and investor sentiment.
GMP is an unofficial market indicator and does not guarantee the actual listing price of the shares.
Veegaland Developers IPO Expected Listing Price
IPO Upper Price Band: ₹140
Latest GMP: ₹18
Therefore, the current GMP indicates an estimated listing price of ₹158 per share.
Estimated gain over the upper IPO price: 12.86%
Veegaland Developers IPO GMP Trend
Veegaland Developers IPO GMP is currently reported at ₹18 as of 15 September 2026.
The latest GMP of ₹18 is ₹3 higher than the GMP of ₹15 reported on 14 September 2026. Based on the latest reported GMP, the estimated listing price is ₹158 per share if the GMP remains unchanged until listing.
| GMP Date | IPO Price | GMP | Estimated Listing | Estimated Gain | Estimated Profit/Lot | Status |
|---|---|---|---|---|---|---|
| 15-Sep-2026 | ₹140 | ₹18 | ₹158 | 12.86% | ₹1,926 | Latest GMP |
| 14-Sep-2026 | ₹140 | ₹15 | ₹155 | 10.71% | ₹1,605 | Previous GMP |
| 13-Sep-2026 | ₹140 | ₹15 | ₹155 | 10.71% | ₹1,605 | Earlier GMP |
| 12-Sep-2026 | ₹140 | ₹22 | ₹162 | 15.71% | ₹2,354 | Earlier GMP |
| 11-Sep-2026 | ₹140 | ₹26 | ₹166 | 18.57% | ₹2,782 | GMP |
| 10-Sep-2026 | ₹140 | ₹26 | ₹166 | 18.57% | ₹2,782 | Earlier GMP |
| 09-Sep-2026 | ₹140 | ₹20 | ₹160 | 14.29% | ₹2,140 | Earlier GMP |
* Estimated listing price is calculated using the IPO upper price band plus the reported GMP. Estimated profit per lot is calculated using GMP × lot size. Latest calculation: ₹18 × 107 shares = ₹1,926. GMP-based estimates are indicative and may differ from the actual listing price.
Veegaland Developers IPO Details
| IPO Name | Veegaland Developers IPO |
| Company | Veegaland Developers |
| IPO Type | Book Building Issue |
| Issue Size | ₹210 Crore |
| Fresh Issue | 1.50 Crore Shares |
| Exchange | BSE, NSE |
| Open Date | 10 September 2026 |
| Close Date | 15 September 2026 |
| Allotment Date | 16 September 2026 |
| Refund / Unblock Date | 17 September 2026 |
| Demat Credit | 17 September 2026 |
| Listing Date | 18 September 2026 |
| Price Band | ₹130 to ₹140 per share |
| Face Value | ₹10 per share |
| Lot Size | 107 Shares |
| Minimum Investment | ₹14,980 |
| Latest GMP | ₹18 |
| Estimated Listing Price | ₹158 |
| Estimated Gain | 12.86% |
| Estimated Profit Per Lot | ₹1,926 |
| Last GMP Update | 15 September 2026 |
| Lead Manager | Cumulative Capital Pvt. Ltd. |
| Registrar | MUFG Intime India Pvt. Ltd. |
Veegaland Developers IPO GMP Profit Estimate
Based on the latest GMP of ₹18 and the IPO upper price band of ₹140, the estimated listing price is ₹158 per share.
| Particular | Calculation | Amount |
|---|---|---|
| IPO Investment | ₹140 × 107 Shares | ₹14,980 |
| Estimated Listing Value | ₹158 × 107 Shares | ₹16,906 |
| Estimated Gain | ₹16,906 − ₹14,980 | ₹1,926 |
If the GMP remains at ₹18 until listing, one lot of 107 shares would indicate an estimated GMP-based gain of approximately ₹1,926.
Veegaland Developers IPO GMP Update
GMP Date: 15 September 2026
Latest GMP: ₹18
Previous GMP: ₹15 on 14 September 2026
GMP Change: +₹3 — Increased
At the latest reported GMP of ₹18, the estimated listing price is ₹158 per share.
This represents an indicative listing gain of 12.86% over the upper IPO price of ₹140.
For one lot of 107 shares, the indicative GMP-based profit is ₹1,926.
GMP can change before the listing date and should be treated only as an unofficial indicator of market sentiment.
What Is Veegaland Developers IPO GMP?
IPO GMP stands for Initial Public Offering Grey Market Premium. It represents the premium at which an IPO may be informally traded in the grey market before its official stock-market listing.
A positive GMP may indicate positive market sentiment and expectations of a premium listing. However, GMP is unofficial, unregulated and can change rapidly before the listing date.
Estimated Listing Price = IPO Upper Price Band + Latest GMP
₹140 + ₹18 = ₹158
Estimated Gain = (₹18 ÷ ₹140) × 100 = 12.86%
Estimated Profit Per Lot = ₹18 × 107 = ₹1,926
GMP should only be considered an indicative market-sentiment indicator. The actual listing price can be significantly different from the GMP-based estimate.
Veegaland Developers IPO Company Overview
Veegaland Developers is a real estate development company incorporated in 2007. The company is involved in residential, commercial and mixed-use real estate projects, covering activities such as project planning, construction and execution.
The company has completed multiple real estate projects and continues to develop ongoing and upcoming projects. As of 30 June 2026, it had completed 10 residential projects with an aggregate saleable area of approximately 11.05 lakh square feet and 692 units, including landowner units under joint development arrangements.
The company reported 127 full-time employees as of 30 June 2026 and operates through an integrated approach covering various stages of the real estate development cycle.
Veegaland Developers IPO Financial Performance
| Particular | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Total Assets | ₹483.81 Cr | ₹326.65 Cr | ₹221.01 Cr |
| Total Income | ₹254.16 Cr | ₹196.22 Cr | ₹114.61 Cr |
| PAT | ₹26.61 Cr | ₹20.43 Cr | ₹7.87 Cr |
| EBITDA | ₹42.64 Cr | ₹33.77 Cr | ₹16.72 Cr |
| Net Worth | ₹266.90 Cr | ₹65.44 Cr | ₹45.07 Cr |
| Total Borrowing | ₹85.59 Cr | ₹176.97 Cr | ₹120.23 Cr |
Veegaland Developers IPO Key Financial Ratios
| KPI | As of 31 March 2026 |
|---|---|
| ROE | 16.02% |
| ROCE | 11.89% |
| Debt / Equity | 0.32 |
| RoNW | 16.02% |
| PAT Margin | 10.47% |
| EBITDA Margin | 16.78% |
| NAV | ₹79.08 |
| P/B | 1.77 |
Veegaland Developers IPO Important Dates
| IPO Event | Date |
|---|---|
| IPO Opens | 10 September 2026 |
| IPO Closes | 15 September 2026 |
| Basis of Allotment | 16 September 2026 |
| Refund / Unblocking | 17 September 2026 |
| Shares Credited to Demat | 17 September 2026 |
| Listing | 18 September 2026 |
IPO GMP is based on unofficial grey-market indications and is provided for informational purposes only. GMP can change rapidly and does not guarantee the actual listing price or investment returns. The estimated listing price, percentage gain and profit shown above are calculated using the IPO upper price band and reported GMP. Investors should conduct their own research and due diligence before making any investment decision.