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Veegaland Developers IPO

Veegaland Developers IPO

Veegaland Developers IPO

Overview

Veegaland Developers IPO is a book build issue of ₹210.00 crores. The issue is entirely a fresh issue of 1.50 crore shares of ₹210.00 crore. Veegaland Developers IPO opens for subscription on Sep 10, 2026 and closes on Sep 15, 2026. The allotment for the Veegaland Developers IPO is expected to be finalized on Sep 16, 2026. Veegaland Developers IPO will list on NSE and BSE with a tentative listing date fixed as Sep 18, 2026. Veegaland Developers IPO is set issue price band at ₹130 to ₹140 per share. The lot size for an application is 107 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,980 (107 shares) (based on upper price). Cumulative Capital Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Total Shares

1,50,00,000

Issue Size

₹210 Cr

Price Band

130 – ₹140

Lot Size

107 shares

Min. Investment

14,980

Max. Investment

1,94,740

Open Date

10 Sep, 2026

Close Date

15 Sep, 2026

Allotment

16 Sep, 2026

Listing

18 Sep, 2026

Announced

10 Sep, 2026

Opening Date

10 Sep, 2026

Closing Date

15 Sep, 2026

Basis of Allotment

16 Sep, 2026

Initiation of Refunds

17 Sep, 2026

Credit of Shares

17 Sep, 2026

Listing Date

18 Sep, 2026

Live GMP

Est. Listing: ₹158

18

Apply via UPI in 5 minutes

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About Veegaland Developers IPO

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 p

Veegaland Developers IPO Share Price

Issue Breakdown

Total Issue1,50,00,000 shares₹210 Cr
Fresh Issue1,50,00,000 shares₹210 Cr
Offer for Sale0 shares

Shareholding

Pre-Issue3,37,50,000
Post-Issue4,87,50,000

Dilution: 44.4% increase in shares

Veegaland Developers IPO Financial Health

Veegaland Developers Ltd.'s revenue increased by 30% and profit after tax (PAT) rose by 30% between the financial year ending with March 31, 2026 and March 31, 2025.

Veegaland Developers IPO Lot Size

Investors can bid for a minimum of 107 shares and in multiples thereof.

ApplicationLotsSharesAmount
Retail (Min)110714,980
Retail (Max)1313911,94,740
S-HNI (Min)1414982,09,720
S-HNI (Max)6670629,88,680
B-HNI (Min)67716910,03,660

(All values in CR)

Veegaland Developers IPO Valuations

MetricValue
ROE16.02
ROCE11.89
Debt/Equity0.32
RoNW16.02
PAT Margin10.47
EBITDA Margin16.78
NAV79.08
Price to Book Value1.77

(All values in CR)

Veegaland Developers IPO Strength & Risk

+Strengths

Veegaland Developers IPO Strength

  • Strong revenue and profit growth in recent years
  • Healthy pipeline of ongoing and upcoming real-estate projects
  • Strong sales visibility across completed and ongoing projects
  • Reduction in debt has improved the company’s balance sheet
  • IPO proceeds will support the development of upcoming and ongoing projects
  • Established presence in the Kerala residential real-estate market
!Risks

Veegaland Developers IPO Risk

  • High dependence on the Kerala real-estate market
  • Real-estate projects face execution and construction-delay risks
  • Rising construction costs could pressure profit margins
  • Dependence on contractors may affect project timelines and costs
  • High working-capital requirements can put pressure on cash flows
  • Real-estate demand is cyclical and sensitive to economic conditions
  • IPO valuation could limit upside if future growth does not meet expectations

Veegaland Developers IPO GMP

+18+12.9%

Last updated 02 Sep, 2026 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
02 Sep, 2026140₹18-₹158 (12.86%)192602 Sep, 2026
01 Sep, 2026140₹18-₹158 (12.86%)192601 Sep, 2026

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

How to Apply for Veegaland Developers IPO

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

Find Veegaland Developers IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.

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