This issue listed on 18 Sep 2026 — grey-market quoting band ho chuki hai. Final unofficial premium +₹9 (+6.4%) tha, actual debut +4.5% debut gain. Compare the two to judge how honest the street signal was.
Veegaland Developers commands a grey-market premium of ₹9 (+6.4% of the ₹140 upper band), about ₹963 per lot of 107 shares. Dealers are holding the line: ₹9 unchanged across 2 tracked sessions, a stand-off between grey demand and issue pricing. Books show 14.6x total subscription (QIB 19.13x, NII 19.41x, retail 9.95x). Institutions are carrying this issue — QIB demand near 19.13x is the smart-money leg that grey quotes usually follow, not lead. This issue has already listed — compare the debut against the premium trail above to judge how honest the street signal was.
Unofficial street quote — treat as sentiment alongside subscription breadth and fundamentals, never as a promised listing price.
| Date | GMP | Est. Gain |
|---|---|---|
| 19 Sep | +₹9 | +6.4% |
| 18 Sep | +₹9 | +6.4% |
Est. gain = GMP as % of the upper band price (indicative listing premium).
Grey Market Premium is an unofficial, off-exchange quote. SEBI does not recognise grey-market trading; the actual listing price is decided by order-book demand on debut day.
| Price Band | ₹130 - ₹140 |
|---|---|
| Lot Size | 107 shares |
| Issue Size | ₹210 Cr |
| Opening Date | 10 Sep 2026 |
| Closing Date | 15 Sep 2026 |
| Listing Date | 18 Sep 2026 |
| Subscription | 14.6x |
The last unofficial grey market premium for Veegaland Developers IPO was ₹9 (+, frozen at listing). Actual debut gain was +4.5% — compare with the premium trail above. Grey market quoting stops once an issue lists.
Grey market premium is a street quote that reacted to subscription momentum and market mood — the final unofficial premium was ₹9, frozen once the issue listed. It was never guaranteed.
No. GMP is an unofficial sentiment indicator that can change quickly. The actual listing price is decided by regular order-book demand on the exchanges on debut day. For Veegaland Developers, the book stands at 14.6x overall with QIB demand at 19.13x — read that breadth next to the premium, not the premium alone.
The full report with subscription status, RHP financials, strengths and data-based analysis signal is on the Veegaland Developers IPO detail page.
Read the full Veegaland Developers IPO report →
Last updated: 18 Sep 2026 IST