IPO Issue Details
Issue Price / Price Band₹140 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size107 Shares per Lot
Total Issue Size1,50,00,000 shares (agg. up to ₹210 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh capital only
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 10 Sep 2026
Subscription CloseTue, 15 Sep 2026
Anchor AllotmentWed, 09 Sep 2026
Basis of AllotmentWed, 16 Sep 2026
Initiation of RefundsThu, 17 Sep 2026
Credit of Shares to DematThu, 17 Sep 2026
Listing DateTue, 15 Sep 2026
UPI Mandate Deadline5:00 PM on 15 Sep 2026 (Day 3)
Application & Investment Details
Retail — Min (1 Lots)₹14,980 — 107 shares
Retail — Max (13 Lots)₹194,740 (13 Lots)
HNI — Min (67 Lots)₹10,03,660 — 7,169 shares
EPS (Pre-IPO)₹7.89
EPS (Post-IPO)₹5.46
P/E Ratio (Pre-IPO)17.74x
P/E Ratio (Post-IPO)25.64x
Pre-IPO Promoter Holding3,37,50,000 shares
Post-IPO Promoter Holding4,87,50,000 shares
Fresh Issue Shares1,50,00,000 shares (agg. up to ₹210 Cr)
About Veegaland Developers Ltd
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 projects can be classified into the following categories based on the nature and description of each project:Completed Projects: 10 Completed ProjectsOngoing Projects: 12 Ongoing ProjectsUpcoming Projects: 3 UpcomingVeegaland Developers Limited aims to create sustainable and value-driven properties by adopting efficient construction practices, customer-centric approaches, and compliance with regulatory standards in the real estate sector.As of June 30, 2026, The Company has completed 10 residential projects aggregating to 11.05 lakh square feet of saleable area. These comprised of 692 units (including 43 units allocated to landowners under JDAs).As of June 30, 2026, the company had employed 127 full-time employees.Competitive Strengths:Established track record of timely completion and sales absorption across completed and ongoing projectsIntegrated land source approach and balanced multi-stage development portfolioIntegrated and process-driven development model covering the entire project lifecycleExperienced Promoters and competent management team supported by strong in-house functional capabilities
Objects of the Issue
Veegaland Developers Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding a part of the expense to be incurred in the development of the Ongoing Projects and Upcoming Projects
119.83
2
Funding unidentified acquisition of land and general corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
3,37,50,000 shares
Post-IPO Promoter Holding
4,87,50,000 shares
Lock-in Period (30%)Fri, Oct 16, 2026
Lock-in Period (50%)Tue, Dec 15, 2026