Veegaland Developers
Price band ₹130–140 · Issue ₹210.00 Cr
Market attention score 18.2 (how ranked)
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Capital required
Approximate retail outlay for Veegaland Developers at the issue price band (lot × lots).
Est. capital
₹13,910 – ₹14,980
Lot size 107 · up to ₹140/share
Prefer smaller tickets before listing? Explore unlisted & pre-IPO shares.
Opens
10 Sept 2026
Closes
15 Sept 2026
Allotment
16 Sept 2026
Listing
18 Sept 2026
Lot size
107
GMP
+12.86%
At a glance
IPO Open Thu, Sep 10, 2026 IPO Close Tue, Sep 15, 2026 Price Band ₹130 to ₹140 Market Cap * ₹682.50 Cr * on Upper Price IPO Details IPO Date 10 to 15 Sep, 2026 Listing Date Fri, Sep 18, 2026 T Face Value ₹ 10 per share Price Band ₹130 to ₹140 Lot Size 107 Shares Sale Type Fresh capital only Issue Type Bookbuilding IPO Listing At BSE, NSE Total Issue Size 1,50,00,000 shares (agg. up to ₹ 210 Cr) Fresh Issue 1,50,00,000 shares (agg. up to ₹ 210 Cr) Share Holding Pre Issue 3,37,50,000 shares Share Holding Post Issue 4,87,50,000 shares IPO Timetable (Tentative) IPO Open Thu, Sep 10, 2026 IPO Close Tue, Sep 15, 2026 Allotment Wed, Sep 16, 2026 Refund Thu, Sep 17, 2026 Credit of Shares Thu, Sep 17, 2026 Listing Fri, Sep 18, 2026 IPOs Timetable Issue Reservation Investor Category Shares QIB Not more than 50% of the Net Issue Retail Not less than 35% of the Net Issue NII Not less than 15% of the Net Issue IPO Lot Size Investors can bid for a minimum of 107 shares and in multiples thereof. Application Lots Shares Amount Retail (Min) 1 107 ₹14,980 Retail (Max) 13 1,391 ₹1,94,740 S-HNI (Min) 14 1,498 ₹2,09,720 S-HNI (Max) 66 7,062 ₹9,88,680 B-HNI (Min) 67 7,169 ₹10,03,660 IPO Subscription Details About Veegaland Developers Ltd. Updated on Sep 1, 2026 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:
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.
Refer to Veegaland Developers IPO RHP for detailed Information.
Issue details
IPO Date
10 to 15 Sep, 2026
Listing Date
Fri, Sep 18, 2026T
Face Value
₹10 per share
Price Band
₹130 to ₹140
Lot Size
107 Shares
Sale Type
Fresh capital only
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 107 | ₹14,980 |
| Retail (Max) | 13 | 1,391 | ₹1,94,740 |
| S-HNI (Min) | 14 | 1,498 | ₹2,09,720 |
| S-HNI (Max) | 66 | 7,062 | ₹9,88,680 |
| B-HNI (Min) | 67 | 7,169 | ₹10,03,660 |
Issue reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
About the company
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:
Veegaland 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.
- Established track record of timely completion and sales absorption across completed and ongoing projects
- Integrated land source approach and balanced multi-stage development portfolio
- Integrated and process-driven development model covering the entire project lifecycle
- Experienced Promoters and competent management team supported by strong in-house functional capabilities
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 483.81 | 326.65 | 221.01 |
| Total Income | 254.16 | 196.22 | 114.61 |
| Profit After Tax | 26.61 | 20.43 | 7.87 |
| EBITDA | 42.64 | 33.77 | 16.72 |
| NET Worth | 266.90 | 65.44 | 45.07 |
| Reserves and Surplus | 233.15 | 60.44 | 40.07 |
| Total Borrowing | 85.59 | 176.97 | 120.23 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 16.02% |
| ROCE | 11.89% |
| Debt/Equity | 0.32 |
| RoNW | 16.02% |
| PAT Margin | 10.47% |
| EBITDA Margin | 16.78% |
| NAV | 79.08 |
| Price to Book Value | 1.77 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
7.89
P/E (x)
17.74
Market Cap at Offer Price
₹473Cr.
Shareholding
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 92% | |
| Public | 8.00% | |
| Total | 100% |
Objects of the issue
- — Funding a part of the expense to be incurred in the development of the Ongoing Projects and Upcoming Projects
- — Funding unidentified acquisition of land and general corporate purposes
Intermediaries
Registrar
MUFG Intime India Pvt.Ltd.
Lead manager(s)
Cumulative Capital Pvt.Ltd.
FAQs
How to apply in Veegaland Developers IPO through Zerodha?+
Zerodha customers can apply online in Veegaland Developers IPO using UPI as a payment gateway. Zerodha customers can apply in Veegaland Developers IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Veegaland Developers IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Veegaland Developers IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Veegaland Developers IPO will open?+
The Veegaland Developers IPO opens on Thu, Sep 10, 2026 and closes on Tue, Sep 15, 2026.
What is the lot size of Veegaland Developers IPO?+
Veegaland Developers IPO lot size is 107 , and the minimum amount required for application is ₹14,980 .
How to apply for Veegaland Developers IPO?+
You can apply in Veegaland Developers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Veegaland Developers IPO allotment?+
The finalization of Basis of Allotment for Veegaland Developers IPO will be done on Wednesday, September 16, 2026 , and the allotted shares will be credited to your demat account by Thu, Sep 17, 2026 . Check the Veegaland Developers IPO allotment status .
When is Veegaland Developers IPO listing date ?+
The Veegaland Developers IPO listing date is not yet announced. The tentative date of listing is Fri, Sep 18, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.