V

Veegaland Developers Ltd.

BSE
Upcoming IPOOpens on 10 Sept 2026

₹130–140

₹ 210 Cr

107 Shares

₹ 13,910

₹10

Financial Summary

Standalone(in ₹ million)
ParticularsFY 2025-26FY 2024-25
25,097.6219,237.53
318.33384.35
25,415.9519,621.88
20,773.0515,510.28
3,620.332,826.52
2,661.462,042.59

Subscription Details

Subscription data not yet available

IPO Timeline

IPO Offer Start

10 Sept 2026

IPO Offer Ends

15 Sept 2026

TBA

Use of Proceeds

#PurposeAmount (₹ Million)
1Funding a part of the expense to be incurred in the development of our Ongoing Projects1,198.254

Promoters

Kochouseph Thomas ChittilappillyK. Chittilappilly Trust

Book Running Lead Managers

Cumulative Capital Pvt Ltd

Promoter Shareholding

Pre-IPO

92.00%

Promoter stake

Offered to Public

1,50,00,000

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.