FY26
Assets483.81
Net Worth266.90
Total Debt85.59
RevenueAnnualised basis250.97
EBITDAAnnualised basis42.64
PATAnnualised basis26.61
EBITDA Margin (%)16.99
At a glance
Updated 2026-09-20 17:24:32Veegaland Developers is an IPO with an issue size of ₹210.00 crore, proposed for listing on NSE EMERGE. The offer opens on 10 Sep 2026 and closes on 15 Sep 2026. The current listing schedule points to 18 Sep 2026.
Issue details
Listing atNSE EMERGE
Issue size₹210.00 Cr
Price band₹130.00–₹130.00
Allotment16 Sep 2026
Listing18 Sep 2026
Grey market
GMP page ↗Latest GMP₹7.00
GMP / upper price5.38%
Est. listing₹149.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens10 Sep 2026
Closes15 Sep 2026
Allotment16 Sep 2026
Listing18 Sep 2026
Subscription demand
Full bidding ↗QIB0.00×
sHNI0.24×
bHNI0.16×
NII / HNI0.16×
Retail0.51×
Total13.55×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 107 | ₹14,980 |
| Retail (Max) | 13 | 1391 | ₹194,740 |
| S-HNI (Min) | 14 | 1498 | ₹209,720 |
| S-HNI (Max) | 66 | 7062 | ₹988,680 |
| B-HNI (Min) | 67 | 7169 | ₹1,003,660 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding a part of the expense to be incurred in the development | ₹119.83 Cr |
| Funding unidentified acquisition of land and general corporate purposes | — |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Assets221.01₹ Cr · -32.3% vs prior year
Net Worth45.07₹ Cr · -31.1% vs prior year
FY25
Assets326.65
Net Worth65.44
Total Debt176.97
RevenueAnnualised basis192.37
EBITDAAnnualised basis33.77
PATAnnualised basis20.43
EBITDA Margin (%)17.55
FY24
Assets221.01
Net Worth45.07
Total Debt120.23
RevenueAnnualised basis110.76
EBITDAAnnualised basis16.72
PATAnnualised basis7.87
EBITDA Margin (%)15.10
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Veegaland Developers IPO | — | 25.64 x | — | — |
| Pranav Construction IPO | — | 19.59 x | — | — |
| Cube Highways IPO | — | - | — | — |
| Bagmane Prime IPO | — | - | — | — |
Registrar & lead managers
Lead managers
- Location
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-20 17:24:32.
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