Status
Listed
Price band
₹130–₹140
Shares in one lotA lot is the smallest bundle of shares you can apply for. Lot size, in the glossary
107 shares
Minimum money
₹14,980 for 1 lot
Issue size
₹210 crore
Dates
10 Sept 2026 – 15 Sept 2026
Official links
- Prospectus
- Allotment statusAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
How to apply
Use UPI and ASBA. The guide covers the close, allotment, and the T+3 listing.
Open the guideRelated guides
Veegaland Developers Ltd. IPO is listed. It opens on 10 Sept 2026 and closes on 15 Sept 2026. The price band is ₹130 to ₹140. One lot is 107 shares, and the minimum amount is ₹14,980. The issue size is ₹210 crore, with a fresh issue of ₹210 crore. In FY26, total income was ₹254.16 crore and profit after tax was ₹26.61 crore. Total income was up 29.5% from ₹196.22 crore in FY25. Profit after tax was up 30.2% from ₹20.43 crore in FY25.
The total subscription for Veegaland Developers Ltd. is 14.6 times.
Veegaland Developers Ltd. listed at ₹154.
Veegaland Developers is a real estate developer. It builds residential, commercial and mixed-use projects.
Dates
Opens
10 Sept 2026
Closes
15 Sept 2026
AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
16 Sept 2026
Refunds
17 Sept 2026
Demat credit
17 Sept 2026
Listing
18 Sept 2026
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
Promoters
Kochouseph Thomas Chittilappilly and K.Chittilappilly Trust
Subscription
Subscribed 14.6x overall. Final, as of 15 Sept 5 pm IST.
Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
19.13x
Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
19.41x
Retail
9.95x
Total
14.6x
Issue structure
Fresh issue
₹210 crore
Reservation
Share kept for each group. The percents are the published figures.
| Part | Amount |
|---|---|
| Retail | 35% |
| Large bids | 15% |
| Big funds | 50% |
Issue
- Face value
- ₹10
- Fresh issue
- ₹210 crore
- Exchanges
- BSE, NSE
- Registrar
- MUFG Intime India Pvt. Ltd.
Reservation
- Retail
- 35%
- Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
- 15%
- Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
- 50%
Financials
₹ crore, for the last three reported years.
Total income and profit
Each chart has its own scale. Amounts are in ₹ crore.
Total income
Profit after tax
| Year | Total income | Profit |
|---|---|---|
| FY24 | ₹114.61 crore | ₹7.87 crore |
| FY25 | ₹196.22 crore | ₹20.43 crore |
| FY26 | ₹254.16 crore | ₹26.61 crore |
Net worth
₹ crore, for each year that reports net worth.
| Year | Net worth |
|---|---|
| FY24 | ₹45.07 crore |
| FY25 | ₹65.44 crore |
| FY26 | ₹266.9 crore |
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY24 | 114.61 | 7.87 | 45.07 | — | — |
| FY25 | 196.22 | 20.43 | 65.44 | — | — |
| FY26 | 254.16 | 26.61 | 266.9 | — | — |
Listing
- Listing price
- ₹154
- Close on listing day
- ₹146.3
- Listing gainListing gain is how far the first traded price sits above or below the issue price. Capital gains, in the glossary
- 10% versus ₹140
Frequently asked questions
When does this issue open?
It opens on 10 Sept 2026 and closes on 15 Sept 2026.
What is the lot size and the minimum amount?
One lot is 107 shares. The minimum amount is ₹14,980 for 1 lot.
When are allotment and listing?
Allotment is on 16 Sept 2026. Listing is on 18 Sept 2026.
What is the price band?
The price band is ₹130 to ₹140.
What is the issue size?
The issue size is ₹210 crore.
How many times was it subscribed?
The total subscription is 14.6 times, checked 15 Sept 2026, 5:00 pm IST.
What was the listing gain?
The listing gain against the top of the price band is 10%.
This page is a calendar of dates and prices. It is not a recommendation to apply.