Veegaland Developers IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Upcoming
Dates
Sep 10 to Sep 15 2026
Price Band
₹130 - 140
Current GMP
₹21 (15.00%)
Subscription
0
IPO Details
| IPO Date | 10 to 15 Sep, 2026 |
| Listing Date | Fri, Sep 18, 2026 |
| 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 Date
10 to 15 Sep, 2026
Listing Date
Fri, Sep 18, 2026
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
Day Wise GMP
| GMP Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 09-09-2026 | 140 | 21 (15.00%) | 161 |
| 08-09-2026 | 140 | 33 (23.57%) | 173 |
| 07-09-2026 | 140 | 30 (21.43%) | 170 |
| 06-09-2026 | 140 | 30 (21.43%) | 170 |
| 05-09-2026 | 140 | 22 (15.71%) | 162 |
| 04-09-2026 | 140 | 22 (15.71%) | 162 |
| 03-09-2026 | 140 | 18 (12.86%) | 158 |
| 02-09-2026 | 140 | 18 (12.86%) | 158 |
| 01-09-2026 | 140 | 18 (12.86%) | 158 |
GMP Date09-09-2026
IPO Price140
GMP21 (15.00%)
Est. Listing Price161
GMP Date08-09-2026
IPO Price140
GMP33 (23.57%)
Est. Listing Price173
GMP Date07-09-2026
IPO Price140
GMP30 (21.43%)
Est. Listing Price170
GMP Date06-09-2026
IPO Price140
GMP30 (21.43%)
Est. Listing Price170
GMP Date05-09-2026
IPO Price140
GMP22 (15.71%)
Est. Listing Price162
GMP Date04-09-2026
IPO Price140
GMP22 (15.71%)
Est. Listing Price162
GMP Date03-09-2026
IPO Price140
GMP18 (12.86%)
Est. Listing Price158
GMP Date02-09-2026
IPO Price140
GMP18 (12.86%)
Est. Listing Price158
GMP Date01-09-2026
IPO Price140
GMP18 (12.86%)
Est. Listing Price158
IPO Important Dates
| 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 |
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
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 107 | ₹14,980 |
| Retail (Max) | 13 | 1391 | ₹1,94,740 |
| S-HNI (Min) | 14 | 1498 | ₹2,09,720 |
| S-HNI (Max) | 66 | 7062 | ₹9,88,680 |
| B-HNI (Min) | 67 | 7169 | ₹10,03,660 |
ApplicationRetail (Min)
Lots1
Shares107
Amount₹14,980
ApplicationRetail (Max)
Lots13
Shares1391
Amount₹1,94,740
ApplicationS-HNI (Min)
Lots14
Shares1498
Amount₹2,09,720
ApplicationS-HNI (Max)
Lots66
Shares7062
Amount₹9,88,680
ApplicationB-HNI (Min)
Lots67
Shares7169
Amount₹10,03,660
Financial Information
| Period Ended | 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 |
Period EndedAssets
31 Mar 2026483.81
31 Mar 2025326.65
31 Mar 2024221.01
Period EndedTotal Income
31 Mar 2026254.16
31 Mar 2025196.22
31 Mar 2024114.61
Period EndedProfit After Tax
31 Mar 202626.61
31 Mar 202520.43
31 Mar 20247.87
Period EndedEBITDA
31 Mar 202642.64
31 Mar 202533.77
31 Mar 202416.72
Period EndedNET Worth
31 Mar 2026266.90
31 Mar 202565.44
31 Mar 202445.07
Period EndedReserves and Surplus
31 Mar 2026233.15
31 Mar 202560.44
31 Mar 202440.07
Period EndedTotal Borrowing
31 Mar 202685.59
31 Mar 2025176.97
31 Mar 2024120.23
Key Performance Indicator
| 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 |
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
IPO Reservation
| 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 |
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
Information about 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.
Competitive Strengths:
Objectives of IPO
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
#: Issue Objects
1: Funding a part of the expense to be incurred in the development of the Ongoing Projects and Upcoming Projects
2: Funding unidentified acquisition of land and general corporate purposes
: Total
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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