Investments
Veegaland Developers IPO logo

Veegaland Developers IPO 2026

Listed
BSE, NSE Bookbuilding IPO
Issue Size

₹210.00 Cr

Price Band

₹130 – ₹140

Lot Size

107

shares per lot

Min Investment

₹14,980

Est. Profit / Lot

+₹856

107 shares

Listing Date

Sep 18

2026

GMP Trend

Unofficial / Indicative

Grey Market Premium is unofficial, unregulated, and does not represent a guaranteed listing price.

Latest GMP

+₹8

GMP %

+5.7%

Indicative Listing

₹148

Est. Profit/Lot

+₹856

IPO Details

Issue Information

Issue Type Bookbuilding IPO
Listing At BSE, NSE

Issue Size & Shares

Issue Size ₹210.00 Cr
Fresh Issue 15,000,000 shares
Total Shares 15,000,000
Face Value ₹10

Price & Investment

Price Band ₹130 – ₹140
Lot Size 107 shares
Min Investment ₹14,980
Max Investment ₹194,740
Per Lot Cost ₹13,910 – ₹14,980
Promoter Holding 92.00% → 63.69%

Important Dates

Open Date Sep 10, 2026
Close Date Sep 15, 2026
Anchor Date Sep 09, 2026
Allotment Date Sep 16, 2026
Refund Date Sep 17, 2026
Demat Credit Sep 17, 2026
Listing Date Sep 18, 2026

Listing Performance

Issue Price ₹140

IPO Timeline

Anchor Investor Bidding

Sep 09, 2026 ✓ Completed

IPO Opens

Sep 10, 2026 ✓ Completed

IPO Closes

Sep 15, 2026 ✓ Completed

Basis of Allotment

Sep 16, 2026 ✓ Completed

Refund Initiation

Sep 17, 2026 ✓ Completed

Demat Credit

Sep 17, 2026 ✓ Completed

Listing on Exchange

Sep 18, 2026 ✓ Completed

Registrar & Allotment Status

Registrar details, lead managers, and allotment status.

Registrar

MUFG Intime India Pvt.Ltd.

Lead Managers

  • Cumulative Capital Pvt.Ltd.

Allotment Finalized

Check your allotment status on the platforms below.

Finalized

Sep 16, 2026

Subscription Details

Latest subscription data as of Day 4 · Sep 15, 2026.

Category Subscription
QIB 19.13x
NII / HNI 19.41x
Retail 9.95x
B-HNI 18.26x
S-HNI 20.92x
Total 10.22x

Subscription

Date QIBbNIIsNIINIIRetail Total Shares Offered Shares Bid Applications
Day 1 0.49x — — 1.04x 1.93x 1.33x — — —
Sep 15, 2026 19.13x 18.26x 20.92x 19.41x 9.95x 10.22x 15,000,000 158,038,679 423,706

Lot Size & Investment

Minimum Lot

107 shares

Minimum Investment

₹14,980

Max Investment (Retail)

₹194,740

ApplicationLotsSharesAmount
Retail (Min) 1 107 ₹14,980
Retail (Max) 13 1,391 ₹194,740
S-HNI (Min) 14 1,498 ₹209,720
S-HNI (Max) 66 7,062 ₹988,680
B-HNI (Min) 67 7,169 ₹1,003,660

Financial Highlights

Period Revenue (₹ Cr) PAT (₹ Cr) EBITDA (₹ Cr) Assets (₹ Cr) Net Worth (₹ Cr) Debt (₹ Cr)
31 mar 2026 254 27 43 484 267 0
31 mar 2025 196 20 34 327 65 0
31 mar 2024 115 8 17 221 45 0

Key Performance Indicators (31 mar 2026)

ROE

16.0%

ROCE

11.9%

ROA

5.5%

PAT Margin

10.5%

EBITDA Margin

16.8%

Debt/Equity

0.32

EPS (₹)

7.89

P/E Ratio

17.7

About Veegaland Developers

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.

Promoters

Kochouseph Thomas Chittilappilly and K.Chittilappilly Trust

Objectives of the Issue

Use of IPO proceeds as disclosed in the offer document.

  • 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

Promoter Holding

Pre-IPO Holding

92.00%

Post-IPO Holding

63.69%

Promoter dilution: 28.31%

Reservation & Allotment

Category-wise reservation of shares for this IPO.

CategoryReservation %Shares
QIB50.00%7,500,000
Anchor30.00%4,500,000
NII / HNI15.00%2,250,000
Retail35.00%5,250,000

Veegaland Developers IPO FAQs

What is Veegaland Developers IPO?

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.

What is the Veegaland Developers IPO price band?

The Veegaland Developers IPO price band is ₹130 – ₹140 per share.

When does Veegaland Developers IPO open and close?

The Veegaland Developers IPO opens on Sep 10, 2026 and closes on Sep 15, 2026.

What is the lot size and minimum investment for Veegaland Developers IPO?

The Veegaland Developers IPO lot size is 107 shares and the minimum investment is ₹14,980.

What is the Veegaland Developers IPO subscription status?

As of Day 4, the Veegaland Developers IPO is subscribed 10.22 times overall.

What is the Veegaland Developers IPO GMP today?

The latest Veegaland Developers IPO grey market premium (GMP) is ₹8 per share, which is unofficial and may change.

When is the Veegaland Developers IPO allotment date?

The expected allotment date for Veegaland Developers IPO is Sep 16, 2026.

When will Veegaland Developers IPO list?

The Veegaland Developers IPO is expected to list on Sep 18, 2026 on BSE, NSE.

Who is the registrar of Veegaland Developers IPO?

The registrar for Veegaland Developers IPO is MUFG Intime India Pvt.Ltd..

Key Dates

AnchorSep 09, 2026
OpenSep 10, 2026
CloseSep 15, 2026
AllotmentSep 16, 2026
RefundSep 17, 2026
Demat CreditSep 17, 2026
ListingSep 18, 2026

Disclaimer: All information on this page is for news, educational, and research purposes only. Grey Market Premium (GMP) is unofficial, unregulated, and indicative — it does not represent a guaranteed listing price. We do not provide investment advice. Always consult a SEBI-registered investment advisor before making investment decisions.