Veegaland Developers IPO Details
Veegaland Developers IPO Market Lot
The Veegaland Developers IPO minimum market lot is 107 shares with ā¹14,980 application amount. The retail investors can apply up-to 13 lots with 1,391 shares of ā¹1,94,740 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 107 | ā¹14,980 |
| Retail Maximum | 13 | 1,391 | ā¹1,94,740 |
| S-HNI Minimum | 14 | 1,498 | ā¹2,09,720 |
| S-HNI Maximum | 66 | 7,062 | ā¹9,88,680 |
| B-HNI Minimum | 67 | 7,169 | ā¹10,03,660 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 45,00,000 Shares | 30% |
| QIB (Ex. Anchor) | 30,00,000 Shares | 20% |
| NII Shares Offered | 22,50,000 Shares | 15% |
| Retail Shares Offered | 52,50,000 Shares | 35% |
Veegaland Developers IPO Anchor Investors
Veegaland Developers IPO Dates
The Veegaland Developers IPO date is September 10 and the close date is September 15. The Veegaland Developers IPO allotment will be finalized on September 16 and the IPO listing on September 18.
| IPO Open Date: | September 10, 2026 |
| IPO Close Date: | September 15, 2026 |
| Basis of Allotment: | September 16, 2026 |
| Refunds: | September 17, 2026 |
| Credit to Demat Account: | September 17, 2026 |
| IPO Listing Date: | September 18, 2026 |
Promoters and Holding Pattern
The promoters of the company are Kochouseph Thomas Chittilappilly and K. Chittilappilly Trust.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
| Promoter and Promoter Group | 3,10,48,500 | 92.00% | 3,10,48,500 | 63.69% |
| Others* | 27,01,500 | 8.00% | 1,77,01,500 | 36.31% |
| Total | 3,37,50,000 | 100% | 4,87,50,000 | 100% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding a part of the expense to be incurred in the development of the Ongoing Projects and Upcoming Projects | ā¹119.83 |
| Funding unidentified acquisition of land and general corporate purposes | ā¹- |
About Veegaland Developers IPO
Veegaland Developers, founded in 2007, is a real estate development firm that works on residential, commercial, and mixed-use projects. From planning and construction to modern design and timely execution of property developments, Veegaland Developers handles everything.
Its project portfolio includes housing projects, commercial complexes, and integrated developments serving a wide range of customers. So far, the firm has completed 10 residential projects aggregating to 11.05 lakh square feet of saleable area; 12 are ongoing projects, and 3 are upcoming ones. The companyās main aim is to build environmentally responsible properties, be useful, and provide good value to the customers.
Veegaland Developers IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ā¹114.61 | ā¹103.39 | ā¹7.87 | ā¹221.01 |
| 2025 | ā¹196.22 | ā¹167.95 | ā¹20.43 | ā¹326.65 |
| 2026 | ā¹254.16 | ā¹217.96 | ā¹26.61 | ā¹483.81 |
Veegaland Developers IPO Valuation – FY2026
Check Veegaland Developers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 16.02% |
| ROCE: | 11.89% |
| EBITDA Margin: | 16.78% |
| PAT Margin: | 10.47% |
| Debt to equity ratio: | 0.32 |
| Earning Per Share (EPS): | ā¹8.77 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 16.02% |
| Net Asset Value (NAV): | ā¹79.08 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Shriram Properties Limited | 5.91 | 12.91 | 7.16% | 85.55 | 1,267.41 Cr. |
| Puravankara Limited | 2.69 | 84.24 | 3.23% | 75.37 | 3,739.83 Cr. |
IPO Lead Managers aka Merchant Bankers
- Cumulative Capital Pvt.Ltd.
Company Address
Veegaland Developers Ltd.
XXXV/564, 4th Floor,
K C F Tower, Bharat Matha College Road,
Kakkanadu, Thrikkakara,
Ernakulam, Kerala, 682021
Phone: +91 484 258 4000
Email: cs@veegaland.in
Website: https://www.veegaland.com/
IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: veegalanddevelopers.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
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Note: The Veegaland Developers IPO price band and date are officially announced. The (Veegaland Developers IPO grey market premium) will be added to the IPO GMP page as it will start).