Veegaland Developers Ltd.
NSE & BSE₹130–140
₹ 158 Cr
107 Shares
₹ 13,910
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 25,097.62 | 19,237.53 | |
| 318.33 | 384.35 | |
| 25,415.95 | 19,621.88 | |
| 20,773.05 | 15,510.28 | |
| 3,620.33 | 2,826.52 | |
| 2,661.46 | 2,042.59 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
10 Sept 2026
IPO Offer Ends
15 Sept 2026
18 Sept 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding a part of the expense to be incurred in the development of our Ongoing Projects | 1,198.254 |
| 2 | Funding unidentified acquisition of land and general corporate purposes | 688.575 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
92.00%
Promoter stake
Post-IPO
63.69%
Promoter stake
Offered to Public
1,13,07,692
shares
Post Share Capital
3,10,48,500
shares
About the Company
We are a real estate development Company engaged in the planning, development and sale of multi-storied residential apartment projects in the state of Kerala, India. Our projects are developed across our mid-premium, premium, ultra-premium, luxe-series and ultra-luxury residential segments and are implemented in accordance with the applicable provision of RERA. We operate under our brand name ‘Veegaland Homes’ and as on date we have undertaken projects in Kochi, Thiruvananthapuram, Kozhikode and Thrissur in the state of Kerala, India. According to the ICRA Report, as of December 8, 2025, we are ranked as Kerala’s fastest-selling real estate developer and are also one of the recognised residential real estate developers in the state of Kerala.
Use of Proceeds
1. Funding a part of the expense to be incurred in the development of our Ongoing Projects; and2. Funding unidentified acquisition of land and general corporate purposes.
Veegaland Developers Ltd. Latest News
News
Veegaland Developers informs about board meeting proceedings
Veegaland Developers informs about outcome of board meeting
Veegaland Developers informs about press release
Veegaland Developers informs about disclosure
Veegaland Developers lists with 8% premium on the BSE
The scrip is currently trading at Rs. 143.45, up by 3.45 points or 2.46% from its issue price
Veegaland Developers coming with IPO to raise up to Rs 226 crore
The issue will open for subscription on September 10, 2026 and will close on September 15, 2026
Veegaland Developers obtains SEBI approval to raise funds through IPO
Shares of the company are proposed to be listed on the BSE and the NSE
IPO FAQs
The Veegaland Developers Ltd. IPO has a total of ₹158 crore, calculated at the upper end of the .
The Veegaland Developers Ltd. IPO is priced at ₹130–140 per share. bids must fall within this , against a of ₹10 per share.
The for the Veegaland Developers Ltd. IPO is 107 shares, which is also the minimum order quantity — you have to apply for at least 107 shares, and in multiples of 107 beyond that.
The minimum investment in the Veegaland Developers Ltd. IPO is about ₹13,910 — one lot of 107 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Veegaland Developers Ltd. opens on 10 Sept 2026 and closes on 15 Sept 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Veegaland Developers Ltd. shares were listed on 18 Sept 2026 on BSE and NSE.
MUFG Intime India Pvt Ltd. is the for the Veegaland Developers Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone +91 810 811 8484 and email rnt.helpdesk@in.mpms.mufg.com.
Veegaland Developers Ltd. IPO shares are listed on BSE and NSE.
Each Veegaland Developers Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 92.00% of Veegaland Developers Ltd. before the IPO, which falls to 63.69% after the issue.
1,13,07,692 shares of Veegaland Developers Ltd. are being offered to the public in this issue.
The Veegaland Developers Ltd. IPO has been subscribed 13.55x overall — 17.76x, 18.03x and 9.24x.
figures update through the issue period until it closes.
- 1.Funding a part of the expense to be incurred in the development of our Ongoing Projects
- 2.Funding unidentified acquisition of land and general corporate purposes
Cumulative Capital Pvt Ltd is the book running lead manager for the Veegaland Developers Ltd. IPO.
Pre-apply means placing your Veegaland Developers Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Veegaland Developers Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Veegaland Developers Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.