Veegaland Developers Ltd IPO
MainboardPrice Band
₹130-140
Issue Size
₹210 Cr
Lot Size
107
Open Date
10 Sept 2026
Close Date
15 Sept 2026
Listing Date
18 Sept 2026
This IPO is Closed
Veegaland Developers Ltd IPO Timeline
Track key IPO dates — from opening and closing to allotment, refund, and listing.
IPO Open Date
10 Sept 2026
IPO Close Date
15 Sept 2026
Allotment Date
16 Sept 2026
Refund Date
17 Sept 2026
Credit to Demat
17 Sept 2026
Listing Date
18 Sept 2026
Veegaland Developers Ltd IPO Subscription Status
See how the issue is being subscribed across QIB, NII, Retail, and Employee categories.
| Date | QIB | NII | RII | Employee | Total |
|---|---|---|---|---|---|
| 10 Sept 2026 | 0.00x | 0.14x | 0.45x | 0.00x | 0.26x |
| 11 Sept 2026 | 0.45x | 0.94x | 1.65x | 0.00x | 1.16x |
| 15 Sept 2026 | 17.76x | 18.02x | 9.24x | 0.00x | 13.55x |
Veegaland Developers Ltd IPO Financials
A quick look at revenue, EBITDA, profit, and net worth over the last three years.
| Year | Total Revenue (Cr) | EBITDA (Cr) | PAT (Cr) | Networth (Cr) | EPS (₹) |
|---|---|---|---|---|---|
| FY26-03 | 254.16 | 42.64 | 26.61 | 266.90 | 8.77 |
| FY25-03 | 196.22 | 33.77 | 20.43 | 65.44 | 8.17 |
| FY24-03 | 114.61 | 16.72 | 7.87 | 45.07 | 3.15 |
Veegaland Developers Ltd IPO Strengths
- Proven execution and complete sell-through in delivered projects - We have a demonstrated track record of completing residential projects within or ahead of RERA timelines, with 100% sell-through achieved in all completed projects.
- Strong sales absorption across Ongoing Projects - Our Ongoing Projects have witnessed significant sales absorption during the construction phase, supporting milestone-based collections and revenue visibility.
- Recognised sales velocity in core operating markets - According to the ICRA Report, we are ranked as Kerala's fastest-selling real estate developer, reflecting demand across our residential portfolio.
- Improving sales performance and revenue visibility - Our sales value has grown at a CAGR of 45.10% from Fiscal 2024 to Fiscal 2026, supported by higher realizations.
- Balanced portfolio across stages of development - Our portfolio comprises Completed, Ongoing and Upcoming projects, providing continuity of operations and visibility into future development activity.
- Experienced Promoter and professional management team - Our operations are led by an experienced Promoter and professional management team supported by strong in-house execution capabilities.
Veegaland Developers Ltd IPO Reservation
See what share of the issue is reserved for Retail, QIB, NII, and Anchor investors.
| Category | Shares Offered | % of Total |
|---|---|---|
| Retail | 52,50,000 | 35% |
| QIB | 30,00,000 | 20% |
| NII / HNI | 22,50,000 | 15% |
| Anchor Investors | 45,00,000 | 30% |
| Total | 1,50,00,000 | 100% |
Veegaland Developers Ltd Registrar & Company Details
Registrar
MUFG Intime India Pvt Ltd
C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083
+91 810 811 4949
veegalanddevelopers.ipo@in.mpms.mufg.com
https://in.mpms.mufg.com
Company
Veegaland Developers Ltd
XXXV/564 4th Floor KCF Tower, Bharat Matha College Rd Kakka., Ernakulam, 682021
+91 484258 4000
cs@veegaland.in
CIN: U45201KL2007PLC021107
http://www.veegaland.com
Disclaimer
The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...
Frequently Asked Questions
The Veegaland Developers Ltd IPO has an issue size of ₹210 crore.
The minimum investment required for the Veegaland Developers Ltd IPO is ₹14,980, based on a minimum lot size of 107 shares and the applicable IPO price.
The lot size for the Veegaland Developers Ltd IPO is 107 shares.
The allotment for the Veegaland Developers Ltd IPO is scheduled for 16 Sept 2026.
Investors can check the Veegaland Developers Ltd IPO allotment status using their PAN, application number, or other required details through the IPO registrar's website or the relevant stock exchange website.
The registrar for the Veegaland Developers Ltd IPO is MUFG Intime India Pvt Ltd.
The Veegaland Developers Ltd IPO opens on 10 Sept 2026 and closes on 15 Sept 2026.
You can apply for the IPO through Anand Rathi using the applicable IPO application process:
Note: Investors are requested to do their own due diligence before investing in any IPO.
The Veegaland Developers Ltd IPO is scheduled to be listed on 18 Sept 2026 on BSE,NSE.

