Tools

Support

Start Your Investment Journey With UsOPEN ACCOUNT

VEEGALAND DEVELOPERS LIMITED

Minimum Investments

₹13,910

Price Range

₹130 - ₹140

Issue Size

₹210.00 Cr

Lot Size

107shares

Proceeds of this IPO to be used for

Funding a part of the expense to be incurred in the development of their ongoing projects and upcoming projects

Acquisition of identified land parcel for development of residential real estate projects

Funding unidentified acquisition of land and general corporate purposes

Strengths & Weaknesses

Multi-stage development portfolio

The company follows a structured approach to land sourcing through a mix of outright acquisitions and selective joint development agreements, supporting controlled and capital-efficient growth. Land parcels are rigorously evaluated for legal, regulatory, infrastructure, and financial feasibility to secure development-ready sites in high-demand micro-markets across key cities in Kerala

Process-driven development model

The company follows an integrated, process-driven real estate development model covering the entire project lifecycle from land acquisition to customer handover. Its structured development cycle includes design, approvals, construction, quality checks, billing, and post-completion support, ensuring timely delivery and customer satisfaction

Timely completion of projects

According to the ICRA Report, the company is ranked as Kerala’s fastest-selling real estate developer and a recognized residential developer in the state as of December 8, 2025. It has consistently demonstrated the ability to complete projects within or ahead of stipulated timelines under applicable regulatory approvals

Geographically concentrated

The company’s operations are fully concentrated in Kerala, making its performance highly dependent on local real estate market conditions, regulations, economic factors, and climatic events. All completed, ongoing, and upcoming projects are located in key urban markets within Kerala, linking business outcomes closely to the state’s residential real estate dynamics

Capital intensive & operational risks

The company’s real estate business is capital intensive, requiring significant upfront investment in land, construction, approvals, and project management. Delays between initial costs and customer cash inflows may strain working capital and liquidity, potentially affecting financial performance

Expansion risks

The company may face challenges in expanding beyond its existing markets in Kerala, and unsuccessful entry into new regions could impact performance and cash flows. Geographic expansion involves risks, and the company may not be able to replicate its brand strength or execution efficiency in new markets

Financials

Income Statement

Also called a profit and loss statement, an income statement shows a company’s income, expenses, and how much profit or loss it has made over a specific accounting period. It provides a clear view of how well the business is running.

Particulars (in Cr)	Mar 2026	Y/Y Change
Operating Revenue	250.98	+30.46%
Other Income	3.18	-17.19%
Total Income	254.16	+29.53%
Total Expenditure	217.96	+29.78%
EBIDT	42.64	+26.27%
Depreciation	0.72	+53.19%
Interest	5.72	+13.49%
Tax	9.59	+22.32%
Net Profit	26.61	+30.25%

Balance Sheet

A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.

Particulars (in Cr)	Mar 2026
Total Current Assets	412.95
Total Non-Current Assets	70.86
Fixed assets	22.85
Total Assets	483.81
Total Current liabilities	184.49
Total Non Current Liabilities	32.42
Total Equity Plus Liabilities	483.81
Total Shareholder Funds	266.90
Total Debt to Equity	32.00%

Cash Flow

Cash flow highlights the cash or cash equivalents moving in and out of a company during a particular period. It provides a clear picture of how well a company manages its cash by tracking its operating, investing and financing activities.

Particulars (in Cr)	Mar 2026
Cash from Operating Activity	-74.26
Cash from Financing Activities	77.90
Cash from Investing Activities	-19.80
Net Cash Flow	-16.16

About the Company

Veegaland Developers was incorporated on August 10, 2007. The company is a real estate developer engaged in planning, developing, and selling multi-storied residential apartments in Kerala under the brand “Veegaland Homes.” Its RERA-compliant projects span mid-premium to ultra-luxury segments across cities including Kochi, Thiruvananthapuram, Kozhikode, and Thrissur

Promoter
Kochouseph Thomas Chittilappilly
Promoter
K. Chittilappilly Trust

FAQs for VEEGALAND DEVELOPERS LIMITED IPO

VEEGALAND DEVELOPERS LIMITED IPO refers to the initial public offering of shares by VEEGALAND DEVELOPERS LIMITED. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

For VEEGALAND DEVELOPERS LIMITED IPO the issue size is ₹210 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

For VEEGALAND DEVELOPERS LIMITED IPO the minimum investment is ₹13.9 K. The minimum investment for VEEGALAND DEVELOPERS LIMITED IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

For VEEGALAND DEVELOPERS LIMITED IPO the lot size is 107 shares. The lot size of VEEGALAND DEVELOPERS LIMITED IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

To apply for VEEGALAND DEVELOPERS LIMITED IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the VEEGALAND DEVELOPERS LIMITED IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for VEEGALAND DEVELOPERS LIMITED IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the VEEGALAND DEVELOPERS LIMITED IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

For VEEGALAND DEVELOPERS LIMITED IPO the allotment date is 16 Sep 2026. The allotment date of VEEGALAND DEVELOPERS LIMITED IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

For VEEGALAND DEVELOPERS LIMITED IPO, the subscription opens on 10 Sep 2026 and closes on 15 Sep 2026. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.

Bidding Ongoing

10 Sep 26 - 15 Sep 26

VEEGALAND DEVELOPERS LIMITED

Minimum Investments

₹13,910

Price Range

₹130 - ₹140

Issue Size

₹210.00 Cr

Lot Size

107shares

Proceeds of this IPO to be used for

Funding a part of the expense to be incurred in the development of their ongoing projects and upcoming projects

Acquisition of identified land parcel for development of residential real estate projects

Funding unidentified acquisition of land and general corporate purposes

Strengths & Weaknesses

Multi-stage development portfolio

Process-driven development model

Timely completion of projects

Geographically concentrated

Capital intensive & operational risks

Expansion risks

Financials

Income Statement

Particulars (in Cr)	Mar 2026	Y/Y Change
Operating Revenue	250.98	+30.46%
Other Income	3.18	-17.19%
Total Income	254.16	+29.53%
Total Expenditure	217.96	+29.78%
EBIDT	42.64	+26.27%
Depreciation	0.72	+53.19%
Interest	5.72	+13.49%
Tax	9.59	+22.32%
Net Profit	26.61	+30.25%

Balance Sheet

A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.

Particulars (in Cr)	Mar 2026
Total Current Assets	412.95
Total Non-Current Assets	70.86
Fixed assets	22.85
Total Assets	483.81
Total Current liabilities	184.49
Total Non Current Liabilities	32.42
Total Equity Plus Liabilities	483.81
Total Shareholder Funds	266.90
Total Debt to Equity	32.00%

Cash Flow

Particulars (in Cr)	Mar 2026
Cash from Operating Activity	-74.26
Cash from Financing Activities	77.90
Cash from Investing Activities	-19.80
Net Cash Flow	-16.16

About the Company

Promoter
Kochouseph Thomas Chittilappilly
Promoter
K. Chittilappilly Trust

FAQs for VEEGALAND DEVELOPERS LIMITED IPO

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

Bidding Ongoing

10 Sep 26 - 15 Sep 26

VEEGALAND DEVELOPERS LIMITED

Income Statement

Balance Sheet

Cash Flow

About the Company

FAQs for VEEGALAND DEVELOPERS LIMITED IPO

What is VEEGALAND DEVELOPERS LIMITED IPO?

What is the issue size of VEEGALAND DEVELOPERS LIMITED IPO?

What is the minimum investment amount for the VEEGALAND DEVELOPERS LIMITED IPO?

What is the lot size of VEEGALAND DEVELOPERS LIMITED IPO?

How to apply for VEEGALAND DEVELOPERS LIMITED IPO on Share.Market?

Can I pre-apply for VEEGALAND DEVELOPERS LIMITED IPO?

How many days is the IPO application window open?

Till what time can I apply for an IPO on the last day on Share.Market?

What is the allotment date of VEEGALAND DEVELOPERS LIMITED IPO?

What are the open and close dates of VEEGALAND DEVELOPERS LIMITED IPO?

VEEGALAND DEVELOPERS LIMITED

Income Statement

Balance Sheet

Cash Flow

About the Company

FAQs for VEEGALAND DEVELOPERS LIMITED IPO

What is VEEGALAND DEVELOPERS LIMITED IPO?

What is the issue size of VEEGALAND DEVELOPERS LIMITED IPO?

What is the minimum investment amount for the VEEGALAND DEVELOPERS LIMITED IPO?

What is the lot size of VEEGALAND DEVELOPERS LIMITED IPO?

How to apply for VEEGALAND DEVELOPERS LIMITED IPO on Share.Market?

Can I pre-apply for VEEGALAND DEVELOPERS LIMITED IPO?

How many days is the IPO application window open?

Till what time can I apply for an IPO on the last day on Share.Market?

What is the allotment date of VEEGALAND DEVELOPERS LIMITED IPO?

What are the open and close dates of VEEGALAND DEVELOPERS LIMITED IPO?