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Veegaland Developers Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Veegaland Developers Ltd IPO

Registered Office: XXXV/564 4th Floor KCF Tower,Bharat Matha College Rd Kakka. , Ernakulam - 682021 , Kerala , India.
Phone : +91 484258 4000   Fax:
Email :  cs@veegaland.in  
Website :  www.veegaland.com
Initial public offering of up to 15,000,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Veegaland Developers Limited ("The Company" or the "Issuer") for cash at a price of (Rs)140 per equity share (including a share premium of (Rs)130 per equity share) ("Issue Price") aggregating up to (Rs)210.00 Crores ("The Issue"). The issue will constitute [*]% of the post-issue paid-up equity share capital of the company. Price Band: (Rs)130 to (Rs)140 per equity share of face value of (Rs)10 each. The floor price and the cap price are 13 times and 14 times the face value of the equity shares, respectively. Bids can be made for a minimum of 107 equity shares of face value of (Rs)10 each and in multiples of 107 equity shares of face value of (Rs)10 each thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
10-Sep-26 15-Sep-26 (Rs)130.00-140.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :107  Further Multiples of :107

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Cumulative Capital Private Limited
Project Financed through Current Offer 210.00  
Post Issue Equity Share Capital 48.75  
Issue Price (Rs)130.00  
 
Projects
Funding a part of the expense to be incurred in the development of its Ongoing ProjectsGeneral corporate purposes
Funding unidentified acquisition of land and general corporate purposes
Promoted By
Kochouseph Thomas Chittilappil  
K. Chittilappilly Trust  
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd