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News Details

01/09/2026 19:00

Veegaland Developers announces launch of initial public offering

Veegaland Developers Ltd. has announced public offering of 15000000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 130.00 per share. The gross proceeds of the issue are expected to be Rs 21,000.00 lakhs.

The company's initial public offer (IPO) will open on 10 September 2026 and is expected to close on 15 September 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 130.00-140.00 per share.

The IPO includes a fresh Issue of 15000000 Equity Shares of the Company at an price of Rs 140.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 107 shares with bids in multiples of 107.

Veegaland Developers Ltd. anticipates using the proceeds of the issue for .

Cumulative Capital Pvt. Ltd. as lead manager & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.