Veegaland Developers Ltd Listed
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...
GREY MARKET PREMIUM
+₹6
▲ +4.29% vs issue price
Issue Price
₹140.00
Est. Listing Price
₹146.00
Lot Size
107
Issue Details
Open Date
2026-09-10
Close Date
2026-09-15
Allotment
2026-09-16
Face Value
₹10.00
Total Issue Size
1,50,00,000 shares (agg. up to ₹210 Cr) Cr
Issue Type
Bookbuilding IPO
Exchange
NSE & BSE
Subscription Status
| Category | Subscription (x) | Shares Offered | Shares Bid |
|---|---|---|---|
| QIB | 8.54x | 7500000.00 | 64031903.00 |
| NII (HNI) | 19.14x | 2250000.00 | 43074562.00 |
| Retail | 9.70x | 5250000.00 | 50932214.00 |
| Market Maker | 1x | - | - |
| Total | 10.54x | 15000000.00 | 158038679.00 |
Financials (₹ Cr)
| Period | Revenue | PAT | EBITDA | Net Worth |
|---|---|---|---|---|
| 31 Mar 2026 | 254.16 | 26.61 | 42.64 | 266.90 |
| 31 Mar 2025 | 196.22 | 20.43 | 33.77 | 65.44 |
| 31 Mar 2024 | 114.61 | 7.87 | 16.72 | 45.07 |
Key Ratios
Return on Equity
16.02
Return on Capital Employed
11.89
Return on Net Worth
16.02
PAT / Revenue
10.47
EBITDA / Revenue
16.78
Debt to Equity
0.32
Price to Book Value
1.77
EPS Pre-Issue
7.89
EPS Post-Issue
5.46
P/E Pre-Issue
17.74
P/E Post-Issue
25.64
Objects of the Issue
- 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
Lead Managers
Cumulative Capital Pvt.Ltd
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