Veegaland Developers IPO
Veegaland Developers IPO is priced at ₹130–₹140 per share with an issue size of ₹210 crore. The IPO opens on Sep 10, 2026 and closes on Sep 15, 2026, with a lot size of 107 shares and a minimum investment of ₹14,980.
Veegaland Developers Limited IPO
- IPO Dates
- Sep 10, 2026 – Sep 15, 2026
- Price band
- ₹130-140 per equity share
- Minimum Investment
- ₹14,980
- Issue size
- ₹210 Cr
- Lot size
- 107
- Allotment Date
- Sep 16, 2026
- Listing
- Sep 18, 2026
- Listing At
- BSE, NSE
IPO timeline
-
Sep 10, 2026
Open Date
Upcoming
-
Sep 15, 2026
Close Date
Upcoming
-
Sep 16, 2026
Allotment Date
Upcoming
-
Sep 18, 2026
Listing Date
Upcoming
Unofficial pre-listing indicator
Veegaland Developers IPO GMP Today: ₹18
Veegaland Developers IPO GMP today is ₹18 per share (a 13% premium over the ₹140 upper price band) as of 6 Sep 2026, 6:45 AM IST. The indicative listing price is ₹158 (₹140 upper price band + ₹18 GMP). GMP rose ₹1 from the previous recorded quote.
- Current GMP
- ₹18
- GMP percentage
- 13%
- Upper price band
- ₹140
- Indicative listing price
- ₹158
During the recorded period, Veegaland Developers IPO GMP ranged from ₹11 to ₹18. The latest GMP is ₹18, up from ₹17.
Veegaland Developers IPO GMP trend (day-wise) 16 observations
| Date & time | GMP | Change | GMP % | Indicative price |
|---|---|---|---|---|
| ₹18 | +₹1 | 13% | ₹158 | |
| ₹17 | ₹0 | 12% | ₹157 | |
| ₹17 | ₹0 | 12% | ₹157 | |
| ₹17 | ₹0 | 12% | ₹157 | |
| ₹17 | +₹4 | 12% | ₹157 | |
| ₹13 | ₹0 | 9% | ₹153 | |
| ₹13 | ₹0 | 9% | ₹153 | |
| ₹13 | ₹0 | 9% | ₹153 | |
| ₹13 | ₹0 | 9% | ₹153 | |
| ₹13 | ₹0 | 9% | ₹153 |
Veegaland Developers IPO Essentials
Veegaland Developers IPO Details
Veegaland Developers IPO is priced at ₹130-140 per share with a total issue size of 210 crore. The IPO has a lot size of 107 shares and will be listed on BSE and NSE.
- Issue price
- ₹130-140 per equity share
- Lot size
- 107 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- ₹210 Crores
- Total issue size
- 1,50,00,000 shares
(aggregating up to ₹210 crore) - Fresh issue
- 1,50,00,000 shares
(aggregating up to ₹210 crore) - Retail Portion
- 35%
- Listing at
- BSE, NSE
- Listing date
- Registrar
- MUFG Intime India Pvt.Ltd.
- Lead manager
-
Cumulative Capital Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 107 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 107 | ₹14,980 |
| Retail(max) | 13 | 1,391 | ₹1,94,740 |
| sHNI(min) | 14 | 1,498 | ₹2,09,720 |
| sHNI(max) | 66 | 7,062 | ₹9,88,680 |
| bHNI(min) | 67 | 7,169 | ₹10,03,660 |
Veegaland Developers IPO Analytics
Veegaland Developers Valuations
Earnings
- EPS Pre IPO
- ₹7.89/-
- EPS Post IPO
- ₹5.46/-
- P/E Pre IPO
- 17.74
- P/E Post IPO
- 25.64
Returns
- ROE
- 16.02%
- ROCE
- 11.89%
- RoNW
- 16.02%
- PAT Margin
- 10.47%
Fundamentals
- Debt / Equity
- 0.32
- Price / Book
- 1.77
- Market Cap
- ₹682.50 Cr.
Veegaland Developers Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 483.81 | 326.65 | 221.01 |
| Revenue | 254.16 | 196.22 | 114.61 |
| Profit After Tax | 26.61 | 20.43 | 7.87 |
| Net Worth | 266.90 | 65.44 | 45.07 |
| Reserves & Surplus | 233.15 | 60.44 | 40.07 |
| Total Borrowing | 85.59 | 176.97 | 120.23 |
Veegaland Developers Company & Offer Insights
About Veegaland Developers
Veegaland Developers Limited specializes in developing real estate projects that include residential, commercial, and mixed-use projects. The organization develops, plans, constructs, and executes real estate projects.
Quality construction, up-to-date design, and on-time execution are some of the core strengths of Veegaland Developers Limited, which normally engages in housing projects, commercial complexes, and integrated developments to cater to varied customer categories.
The main goal of Veegaland Developers Limited is to develop sustainable and value-based real estate properties by using efficient and customer-friendly construction practices and adhering to the regulations in the real estate industry.
As on October 31, 2025, the organization has completed 10 residential projects totaling to an aggregate of 11.05 lakh square feet of saleable area.
As on October 31, 2025, the organization has employed 100 full-time employees.
Veegaland Developers Promoter(s)
Kochouseph Thomas Chittilappilly, K.Chittilappilly Trust are the company's promoters of Veegaland Developers.
Veegaland Developers IPO Issue Objectives
- •
- Funding a part of the expense to be incurred in the development of the Ongoing Projects and Upcoming Projects
- •
- Acquisition of identified land parcel for development of residential real estate projects
- •
- Funding unidentified acquisition of land and general corporate purposes
Veegaland Developers IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Veegaland Developers | N/A | N/A | 16.02% | N/A |
| Shriram Properties | N/A | 12.91 | 7.16% | N/A |
| Puravankara | N/A | 84.24 | 3.23% | N/A |
Veegaland Developers IPO - Strengths and Risks
Veegaland Developers IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Veegaland Developers
+91 484 258 4000
XXXV/564, 4th Floor, K C F Tower, Bharat Matha College Road, Kakkanadu, Thrikkakara, Ernakulam, Kerala, 682021
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Veegaland Developers IPO is a book-built IPO worth ₹210 crore. The price band is ₹130–₹140 per share. The IPO opens on Sep 10, 2026 and closes on Sep 15, 2026. It will be listed on BSE and NSE. MUFG Intime India Pvt. Ltd. is the registrar.
The price band of Veegaland Developers IPO is ₹130 to ₹140 per share.
The lot size of Veegaland Developers IPO is 107 shares.
The minimum investment for Veegaland Developers IPO is approximately ₹14,980 based on the upper price band .
Veegaland Developers IPO opens on Sep 10, 2026 and closes on Sep 15, 2026.
The allotment date of Veegaland Developers IPO is Sep 16, 2026.
Veegaland Developers IPO is expected to be listed on Sep 18, 2026, on BSE and NSE .
Veegaland Developers IPO GMP today is ₹18 per share (a 13% premium over the ₹140 upper price band) as of 6 Sep 2026, 6:45 AM IST. The indicative listing price is ₹158 (₹140 upper price band + ₹18 GMP). GMP rose ₹1 from the previous recorded quote.
Veegaland Developers IPO valuation snapshot: P/E 25.64, EPS ₹5.46/-, P/B 1.77, RoNW 16.02%, and market cap ₹682.50 Cr.
To apply for Veegaland Developers IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Veegaland Developers IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Veegaland Developers IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Veegaland Developers IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Veegaland Developers IPO allotment status on IPO Ji for quick and easy access.