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Veegaland Developers Ltd IPO
NSE & BSE Bookbuilding IPO Fresh capital only Upcoming
GMP +₹0 +0% Est. Listing ₹140
Issue Price
₹140
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹140
GMP based
Lot Size
107
shares / lot
Min Amount
₹14,980
1 lot · 107 shares
Opens
10 Sep
Upcoming
Allotment
Important Dates
0/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Soon
Open Date
10 Sep 2026
Thu Upcoming
Soon
Close Date
15 Sep 2026
Tue Upcoming
Soon
Allotment
16 Sep 2026
Wed Upcoming
Soon
Refund
17 Sep 2026
Thu Upcoming
Soon
Demat Credit
17 Sep 2026
Thu Upcoming
Soon
Listing Date
18 Sep 2026
Fri Upcoming
Issue Details
Pricing & Size
Issue Price
₹140 Face ₹10
Lot Size
107 shares
Min Investment
₹14,980
Total Issue Size
1,50,00,000 shares (agg. up to ₹210 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh capital only
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
Not more than 50% of the Net Issue
NII / HNI
Not less than 15% of the Net Issue
Retail
Not less than 35% of the Net Issue
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
3,37,50,000 shares
Post-Issue Shareholding
4,87,50,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 107 ₹14,980
HNI / NII 14 1,498 ₹2,09,720
bHNI / bNII 67 7,169 ₹10,03,660
Objects of Issue
2 objectives
1
Funding a part of the expense to be incurred in the development of the Ongoing Projects and Upcoming Projects
119.83 Cr
2
Funding unidentified acquisition of land and general corporate purposes
Lead Managers & Market Maker
Book Running Lead Managers
Cumulative Capital Pvt.Ltd
IPO Timeline
Open
10 Sep
Upcoming
Close
15 Sep
Upcoming
Allotment
16 Sep
Upcoming
Listing
18 Sep
Upcoming
Registrar Details
MUFG Intime India Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
022-49186000
Email
veegalanddevelopers.ipo@in.mpms.mufg.com
Company Contact
Email
cs@veegaland.in
Phone
+91 484 258 4000
Address
XXXV/564, 4th Floor, K C F Tower, Bharat Matha College Road, Kakkanadu, Thrikkakara, Ernakulam, Kerala, 682021
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹140
Est. Listing
₹140
Lot Size
107 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Category-wise Subscription
Category Sub (×) Offered Bid For
QIB Not more than 50% of the Net Issue
NII / HNI (Total) Not less than 15% of the Net Issue
Retail Investors Not less than 35% of the Net Issue
Total **
Market Maker *
* Based on ₹140.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
Not more than 50% of the Net Issue
NII
Not less than 15% of the Net Issue
Retail
Not less than 35% of the Net Issue
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crores
Metric31 Mar 202631 Mar 202531 Mar 2024
Revenue254.16196.22114.61
PAT26.6120.437.87
EBITDA42.6433.7716.72
Net Worth266.9065.4445.07
Total Assets483.81326.65221.01
Reserves233.1560.4440.07
Borrowings85.59176.97120.23
Key Financial Ratios
16.02
ROE
Return on Equity
11.89
ROCE
Return on Capital Employed
16.02
RONW
Return on Net Worth
10.47
PAT Margin
PAT / Revenue
16.78
EBITDA Mgn
EBITDA / Revenue
0.32
D/E Ratio
Debt to Equity
1.77
P/BV
Price to Book Value
7.89
Pre EPS
EPS Pre-Issue
5.46
Post EPS
EPS Post-Issue
17.74
Pre P/E
P/E Pre-Issue
25.64
Post P/E
P/E Post-Issue
About Veegaland Developers Ltd

Incorporated in 2007, Veegaland Developers Limited is engaged in real estate development, focusing on residential, commercial, and mixed-use projects. The company undertakes planning, construction, and execution of property developments. The company emphasizes quality construction, modern design, and timely project delivery. Its portfolio typically includes housing projects, commercial complexes, and integrated developments catering to diverse customer segments.

Their business projects can be classified into the following categories based on the nature and description of each project:

  • Completed Projects: 10 Completed Projects
  • Ongoing Projects: 12 Ongoing Projects
  • Upcoming Projects: 3 Upcoming

Veegaland Developers Limited aims to create sustainable and value-driven properties by adopting efficient construction practices, customer-centric approaches, and compliance with regulatory standards in the real estate sector.

As of June 30, 2026, The Company has completed 10 residential projects aggregating to 11.05 lakh square feet of saleable area. These comprised of 692 units (including 43 units allocated to landowners under JDAs).

As of June 30, 2026, the company had employed 127 full-time employees.

Competitive Strengths:

  • Established track record of timely completion and sales absorption across completed and ongoing projects
  • Integrated land source approach and balanced multi-stage development portfolio
  • Integrated and process-driven development model covering the entire project lifecycle
  • Experienced Promoters and competent management team supported by strong in-house functional capabilities
Frequently Asked Questions
What is the issue price of Veegaland Developers Ltd IPO?
The issue price of Veegaland Developers Ltd IPO is ₹140 per share, face value ₹10.
What is the lot size?
Minimum lot size is 107 shares, requiring ₹14,980.
What are the IPO dates?
Opens 10 Sep 2026, closes 15 Sep 2026.
When is the listing date?
Tentative listing: 18 Sep 2026 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹140 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Veegaland Developers Ltd IPO · Expected 16 Sep 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
16 Sep 2026
Refund Initiation
17 Sep 2026
Demat Credit
17 Sep 2026
Listing Date
18 Sep 2026
Quick Facts
Upcoming
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹140
Face ₹10
Lot Size
107
shares / lot
Min Amount
₹14,980
1 lot
Est. Listing
₹140
GMP +₹0
Key Dates
Open
10 Sep Soon
Close
15 Sep Soon
Listing
18 Sep Soon
Registrar
MUFG Intime India Pvt.Ltd
A
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