Veegaland Developers launches ₹210 crore IPO

Veegaland Developers Limited, a real estate company specializing in residential, commercial, and mixed-use projects, has opened its initial public offering (IPO) on September 10, 2026. The company aims to raise ₹210 crore through a fresh issue of 1.50 crore shares.

The price band for the IPO is set between ₹130 and ₹140 per share. For retail investors, the minimum investment lot consists of 107 shares, totaling ₹14,980 at the upper price limit. The bidding window is scheduled to close on September 15, with share allotment expected on September 16 and a potential listing on the NSE and BSE on September 18.

Financial reports indicate that the company's revenue and profit after tax (PAT) both saw a 30% year-on-year increase for FY26. Cumulative Capital is serving as the book-running lead manager, while MUFG Intime India Pvt. Ltd. acts as the registrar.