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Open
10 Sep 2026
2
Close
15 Sep 2026
3
Allotment
—
4
Listing
Fri, Sep 18, 2026T
Price Band
₹130 to ₹140
Issue Size
1,50,00,000 shares (agg. up to ₹210 Cr)
Lot Size
107 Shares
Listing Date
Fri, Sep 18, 2026T
Latest GMP
₹12
Est. Gain
8.57%
✦ AI Insight
GMP Trend
14-09-2026₹12Est. ₹152+8.57%
13-09-2026₹15Est. ₹155+10.71%
12-09-2026₹15Est. ₹155+10.71%
11-09-2026₹20Est. ₹160+14.29%
10-09-2026₹25Est. ₹165+17.86%
09-09-2026₹24Est. ₹164+17.14%
08-09-2026₹33Est. ₹173+23.57%
Live Subscription
| Category | Subscription (times) |
|---|---|
| QIB | 0.49x |
| NII | 1.01x |
| Retail | 1.78x |
| Total | 1.25x |
Restated Financials (₹ Cr.)
| 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 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Horizon Industrial Parks Ltd. | Mainboard | ₹2,600.00 Cr | ₹60 | -72.29 | ₹58.16 | -3.07% | ₹55.67 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding a part of the expense to be incurred in the development of the Ongoing Projects and Upcoming Projects | 119.83 |
| 2 | Funding unidentified acquisition of land and general corporate purposes | |
| Total | 119.83 |
About Veegaland Developers IPO
Updated on Sep 10, 2026
Contact Details
Veegaland Developers Ltd. AddressXXXV/564, 4th Floor,K C F Tower, Bharat Matha College Road,Kakkanadu, Thrikkakara,Ernakulam, Kerala, 682021+91 484 258 4000cs@veegaland.inVisit Website