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Veegaland Developers Ltd

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 1,50,00,000 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 30.77% of the post-issue paid-up equity share capital of the company. Price Band: Rs. 140 per equity share of face value of Rs. 10 each. The floor price 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-26 140.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 107   Further Multiples of : 107
  Rs(Cr.) Lead Managers to the Issue
Project Cost 188.68 Cumulative Capital Private Limited
Project Financed through Current Offer 210.00  
Post Issue Equity Share Capital 48.75  
Issue Price 140.00  

Project

  • Funding a part of the expense to be incurred in the development of its Ongoing Projects
  • Funding unidentified acquisition of land and general corporate purposes

Promoted By

Kochouseph Thomas Chittilappil

Chittilappilly Trust

Listing At

BSE

NSE

Registrar to the Issue

MUFG Intime India Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.