Veegaland Developers Limited logo

Veegaland Developers IPO: GMP, subscription and allotment status

MainboardMUFG IntimeListed18 Sept

This IPO has left the live dashboard. The figures below are as recorded on 24 Sept 2026.

—No subscription figures

Listed at
₹154
+10.0% on issue price
Est. listing
—
No estimate
Price band
₹130–140
Lot
107 shares
Min. ₹14,980

Allotment

Allotment is published. Check every saved PAN in one go.

Check allotment

Dates

10 → 15 Sept · allot 16 · list 18

Refunds and shares in your demat account on 17 Sept.

Subscription by category

Subscription figures here come from NSE's bid data, and this issue bids on BSE SME, so there are none on this page.

See this IPO on IPOWatch

Issue details

Segment
Mainboard
Face value
₹10
Issue type
Book Building Issue
Fresh issue
₹210 Crores
Listing at
BSE, NSE
Registrar
MUFG Intime
NSE symbol
—

GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from

What you can apply for

Retail Minimum
1 lot, 107 shares
₹14,980
Retail Maximum
13 lots, 1,391 shares
₹1,94,740
S-HNI Minimum
14 lots, 1,498 shares
₹2,09,720
S-HNI Maximum
66 lots, 7,062 shares
₹9,88,680
B-HNI Minimum
67 lots, 7,169 shares
₹10,03,660

A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.

Where the money goes

Funding a part of the expense to be incurred in the development of the Ongoing Projects and Upcoming Projects
₹119.83 Cr
Funding unidentified acquisition of land and general corporate purposes
—

What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.

Company numbers

Revenue, ₹ crore

₹254.16 Cr+29.5% on 2025

Profit, ₹ crore

₹26.61 Cr+30.2% on 2025

Assets, ₹ crore

₹483.81 Cr+48.1% on 2025

2026
Revenue ₹254.16
Profit ₹26.61
2025
Revenue ₹196.22
Profit ₹20.43
2024
Revenue ₹114.61
Profit ₹7.87

In ₹ crore, for the years the offer document reports.

ROE
16.02%
ROCE
11.89%
EBITDA Margin
16.78%
PAT Margin
10.47%
Debt to equity ratio
0.32
Earning Per Share (EPS)
₹8.77 (Basic)
Return on Net Worth (RoNW)
16.02%
Net Asset Value (NAV)
₹79.08

Listed peers

Shriram Properties Limited
P/E 12.91
EPS 5.91
Puravankara Limited
P/E 84.24
EPS 2.69

Price to earnings, earnings per share and return on net worth, as the offer document reports them.

Who the issue is reserved for

Anchor
30%
QIB
20%
NII
15%
Retail
35%

Share of the issue set aside for each kind of investor.

Promoters and bankers

Promoters
Kochouseph Thomas Chittilappilly and K
Promoter holding
92.00% before the IPO, 63.69% after
Lead managers
Cumulative Capital Pvt.Ltd.

Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.

More Mainboard IPOs

Frequently asked questions

When does Veegaland Developers IPO open and close?
Bidding ran from 10 September 2026 to 15 September 2026.
What is the Veegaland Developers IPO allotment date?
Allotment is out. You can check it by PAN now.
When will Veegaland Developers IPO list?
It listed on 18 September 2026.
What is the lot size and minimum investment for Veegaland Developers IPO?
One lot is 107 shares, so the minimum investment at the upper price of ₹140 is ₹14,980.
How do I check Veegaland Developers IPO allotment status?
MUFG Intime has published the allotment. Use Check allotment on this page to check every PAN in your family in one go.
Veegaland Developers IPO listing price & allotment status