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ClearIPO

Veegaland Developers Limited

Mainboard IPO

Closing todayMainboardRisk-factor review pending

Risk analysis not yet reviewed. ClearIPO publishes risk factors only after a manual review of the offer document.

Last updated 15 Sept 2026

Key details

Price band
₹130 to ₹140
Face value
Rs 10
Lot size
107 shares
Minimum investment
Rs 14,980
Issue size
Rs 210 Cr
Fresh issue
Rs 210 Cr
Retail quota
35%
Exchanges
BSE, NSE
Opening date
10 Sept 2026
Closing date
15 Sept 2026
Allotment date
16 Sept 2026
Listing date
18 Sept 2026

3 further details have not been reported for this issue yet, so they are left out rather than estimated.

Explain this IPO simply

The same information as the prospectus, written the way you would explain it to a friend.

What the company does

Veegaland Developers is a real estate development company primarily focused on residential projects across urban micro-markets in Kerala, including Kochi, Thiruvananthapuram, Kozhikode, and Thrissur. The company undertakes the development, construction, design, and marketing of residential properties, predominantly catering to the premium, ultra-premium, and luxe segments. Its core business model involves acquiring land outright or through joint development arrangements with landowners to construct apartments and boutique flats. The company generates revenue through the sale of these residential units, with payments typically linked to construction milestones. Veegaland relies on third-party contractors and specialist agencies for the execution of civil construction, architectural design, and structural engineering. The project portfolio includes a mix of completed properties, ongoing construction sites, and upcoming developments, positioning the company to address demand for higher-value residential spaces in its operational regions.

No hand-checked analysis for this issue yet

We publish only the figures our data source reports for this IPO. Clarity scoring, strengths and risks, use of funds and valuation multiples appear here once the prospectus has been read and verified.

Subscription status

Update pending

The issue is open. Subscription figures have not been published by the source yet.

Important documents

IPO timeline

  1. IPO opens

    10 Sept 2026

    First day you can apply.

  2. IPO closes

    15 Sept 2026

    Last day to apply, usually by evening.

  3. Allotment

    16 Sept 2026

    Who gets shares is decided.

  4. Refund / unblock

    17 Sept 2026

    Blocked money is released if you did not get shares.

  5. Shares in demat

    17 Sept 2026

    Allotted shares reach your demat account.

  6. Listing day

    18 Sept 2026

    Shares start trading on the exchange.

Frequently asked questions

Where this information comes from

Last updated
2026-09-15T03:45:07.006Z
Last verified
2026-09-15T03:45:07.006Z
Primary source
bse
Secondary source
Exchange filings
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