1
Open
[.]
2
Close
[.]
3
Allotment
—
4
Listing
[.]
Issue Size
[.] shares (agg. up to ₹250 Cr)
Listing Date
[.]
✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 400.62 | 326.65 | 221.01 | 196.02 |
| Total Income | 125.14 | 196.22 | 114.61 | 110.08 |
| Profit After Tax | 11.29 | 20.37 | 7.83 | 14.48 |
| EBITDA | 18.92 | 33.77 | 16.72 | 24.22 |
| NET Worth | 251.73 | 65.44 | 45.07 | 37.24 |
| Reserves and Surplus | 217.98 | 60.44 | 40.07 | 32.24 |
| Total Borrowing | 48.57 | 176.97 | 120.23 | 122.15 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sri Lotus Developers & Realty Ltd. | Mainboard | ₹792.00 Cr | ₹150 | 28.69 | ₹195.67 | +30.45% | ₹180.39 (+3.89%) |
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 | 111.60 |
| 2 | Acquisition of identified land parcel for development of residential real estate projects | 18.49 |
| 3 | Funding unidentified acquisition of land and general corporate purposes |
About Veegaland Developers IPO
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 property developments. The company emphasizes quality construction, modern design, and timely project delivery. Its portfolio typically includes housing projects, commercial complexes, and integrated developments catering to diverse customer segments. Veegaland Developers Limited aims to create sustainable and value-driven properties by adopting efficient construction practices, customer-centric approaches, and compliance with regulatory standards in the real estate sector. As of October 31, 2025, the company has completed 10 residential projects aggregating to 11.05 lakh square feet of saleable area. As of October 31, 2025, the company had employed 100 full-time employees. Competitive Strengths: Established track record of timely completion and sales absorption across completed and ongoing projects Integrated land source approach and balanced multi-stage development portfolio Integrated and process-driven development model covering the entire project lifecycle Experienced Promoters and compe
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