Veegaland Developers Limited IPO
VEEGALAND · Real Estate · Recently closed
Price band
-
Issue size
—
Open
10-SEP-2026
Close
15-SEP-2026
GMP · unofficial
₹5 · ~4%
Traddx read: Too early to call
- Bidding has only just opened — subscription is still near zero. Check back once demand builds (usually by day 2-3).
Veegaland Developers Limited is a recently closed issue in the Real Estate space, with a price band of - and an issue size of —. The grey market premium (unofficial, via ipowatch.in) is around ₹5 (~4% over the issue price), a rough and volatile hint of listing demand. Traddx's read is based on official subscription demand and how listed peers are valued — see the breakdown below.
Subscription by category
| Investor category | Times subscribed |
|---|---|
| QIB (institutions) | 17.76× |
| Non-institutional (NII) | 18.03× |
| Retail | 9.24× |
| Total | 13.55× |
How the sector is valued (listed Real Estate peers)
| Company | Price | P/E | P/B | Net margin |
|---|---|---|---|---|
| DLF | ₹642.85 | 42.15 | 0.0 | 25.43% |
| LODHA | ₹1102.9 | 33.15 | 0.0 | 23.97% |
| GANESHHOU | ₹744.45 | 67.62 | 0.0 | 16.67% |
| RAYMONDREL | ₹594.35 | 15.07 | 0.0 | 11.0% |
Compare the IPO's asking price against what already-listed peers trade at — a much richer valuation than peers usually signals a pricey issue.