Veegaland Developers Ltd IPO was priced at ₹130–₹140 per share with an issue size of ₹210 crore. The IPO opened on Sep 10, 2026 and closed on Sep 15, 2026, with a lot size of 107 shares and a minimum investment of ₹14,980.
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| Price Band | ₹130.00 - ₹140.00 per share |
| Lot Size | 107 shares |
| Min Investment | ₹14,980 |
| Total Issue Size | ₹210.00 crore |
| Shares Offered | 1,50,00,000 |
| Issue Structure | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Lead Manager(s) | Cumulative Capital Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Listing At | BSE, NSE |
Issue price ₹140 · lot size 107 shares · estimated listing price ₹152 (GMP +₹12)
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 107 | ₹14,980 | ₹16,264 | +₹1,284 |
| Retail (Max) | 13 | 1,391 | ₹1,94,740 | ₹2,11,432 | +₹16,692 |
| S-HNI (Min) | 14 | 1,498 | ₹2,09,720 | ₹2,27,696 | +₹17,976 |
| S-HNI (UPI limit) | 33 | 3,531 | ₹4,94,340 | ₹5,36,712 | +₹42,372 |
| S-HNI (Max) | 66 | 7,062 | ₹9,88,680 | ₹10,73,424 | +₹84,744 |
| B-HNI (Min) | 67 | 7,169 | ₹10,03,660 | ₹10,89,688 | +₹86,028 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹254.16 Cr |
| Profit After Tax | ₹26.61 Cr |
| Net Worth | ₹266.90 Cr |
Promoters: Kochouseph Thomas Chittilappilly and K.Chittilappilly Trust
| Promoter Holding (Pre-Issue) | 92% |
Veegaland Developers Limited is engaged in real estate development, focusing on residential, commercial, and mixed-use projects.
Completed 10 residential projects aggregating to 11.05 lakh square feet of saleable area.
| Founded | 2007 |
| Headquarters | Kakkanadu, Thrikkakara, Ernakulam, Kerala |
| Industry | Real Estate |
| Website | https://www.veegaland.com/ |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Phone | 022-49186000 |
| [email protected] |
11 answers about Veegaland Developers Ltd IPO — dates, pricing, allotment and listing.
Veegaland Developers Ltd IPO is a bookbuilding ipo of ₹210 crore. The issue was priced at ₹130–₹140 per share, with a lot size of 107 shares. Bidding ran from Thu, 10 Sep 2026 to Tue, 15 Sep 2026, with shares listed on BSE and NSE.
The price band was ₹130–₹140 per share.
One lot was 107 shares. Bids had to be placed in multiples of 107.
A retail investor needed at least ₹14,980 – one lot of 107 shares at ₹140, the upper end of the price band.
Veegaland Developers Ltd IPO opened on Thu, 10 Sep 2026 and closed on Tue, 15 Sep 2026.
Allotment was finalised on Wed, 16 Sep 2026.
Veegaland Developers Ltd shares were listed on Fri, 18 Sep 2026 on BSE and NSE.
The company intended to use the net proceeds towards funding a part of the expense to be incurred in the development of the ongoing projects and upcoming projects and funding unidentified acquisition of land and general corporate purposes.
Cumulative Capital Pvt.Ltd. is the book running lead manager. MUFG Intime India Pvt.Ltd is the registrar to the issue.
Category-wise demand from retail, NII and QIB bidders is on the Veegaland Developers Ltd IPO subscription page, and on the BSE and NSE websites.
From Wed, 16 Sep 2026, check the Veegaland Developers Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.